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Retail Land with Building
For Sale
Contact for pricing
Pending

2842 N Laramie Ave, Chicago, IL 60641

50' x 125' lot with a 6,000 SF building available for sale, requiring significant updates.

Property Size6,000 SF
Lot Size0.14 Acres
Days on Market149

Property Features for 2842 N Laramie Ave

General Information

Standard status Pending
Size 6,000 SF
Lot size 0.14 Acres
Property subtype Retail
Listing Agency: Strauss Realty
Listed By: Patrick Duffy · License #IL
Source: Crexi
Added: Apr 10 Changed: Sep 2 Last Checked: Sep 2 at 6:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Strauss Realty

Investment Insights

Based on property information with market context.

This offering includes a 50' x 125' lot with a roughly 6,000 SF building. The existing structure needs TLC, making the property well suited for a buyer looking to reposition the site or undertake a more substantial interior and exterior renovation.

The property is being sold as-is, with the current building condition to be addressed by the next owner. The seller also notes the option to tear down and rebuild.

Prospective users and investors should review the property’s condition and intended scope of work, as the current building will require attention to support a new retail or redevelopment plan.

Key Highlights

  • 50' x 125' lot with a 6,000 SF building available for sale
  • Building requires TLC/significant updates
  • Potential for a tear‑down and build an apartment project or build out user space

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Acupuncture Garden Center Skin Care Clinic Catering Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,869
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 50' x 125' lot with a 6,000 SF building available for sale, requiring significant updates.
Where is this commercial land located?
The property is located at 2842 N Laramie Ave Chicago, IL.
What are key features of this property?
This property features: 50' x 125' lot with a 6,000 SF building available for sale; Building requires TLC/significant updates; Potential for a tear‑down and build an apartment project or build out user space
(773) 862-0200 Call to check price and availability
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