3012 N Laramie Avenue, Chicago, IL, 60641

$725,000

About 3012 N Laramie Avenue

This mixed-use building includes 5 units in total, with two retail spaces on the bottom floor and 3 residential units on the upper floor. The two retail units can be separated, but have been occupied by a single bakery tenant since 1986. The property is zoned B1-1, and the retail units feature black iron, a partial basement, ample storage space, and high foot traffic that bodes well for a thriving retail business. The property includes 3 residential units above the retail space, all of which are 2-bedroom 1-bath units. In the rear of the property, there are a total of 3 parking spaces, consisting of 1 garage spot and two pad parking spaces. With all leases being month-to-month and below market rate, this presents an excellent opportunity for any value-add investor or owner/user to add a cash-flowing property to their portfolio.

Additional Information: This property is located in the CHI - Belmont Cragin neighborhood, IL. This bedrooms mixed use property is priced at $725,000.

Facts & Features

MLS® # 12634737
Price $725,000
Bathrooms 0.00
Taxes $11,309
Year Built 1928
Type Commercial Sale
Sub-Type Mixed Use
Status Contingent

Community Information

Address 3012 N Laramie Avenue
Area CHI - Belmont Cragin
City Chicago
County Cook
State IL
Zip Code 60641

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 34
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $11,309

Listing Details

OfficeSperry Van Ness

Listing Map

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