Chicago, IL 60641,3012 N Laramie Avenue
$775,000
Est. payment /mo
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8,550 SqFt
Active

3012 N Laramie Avenue Chicago, IL 60641

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Jai Thompson

Jai Thompson

Epique Realty, Inc

+1(630) 770-6499

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,550 sqft

Price per Sqft $90

MLS Listing ID 12344639

Year Built 1930

Annual Tax Amount $9,275

Tax Year 2023

Lot Dimensions 50X100

Property Sub-Type Mixed Use

Property Description

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.

Location

State IL

County Cook

Interior

Cooling Central Air, Window Unit(s)

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick


Listed by Angelo Labriola • Sperry Van Ness

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3012 N Laramie Avenue