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Single-Story Flex Space
For Sale
$329,000

2840 N Laramie Avenue, Chicago, IL 60641

Open commercial layout combines warehouse capability with dedicated office space in a heavily traveled neighborhood corridor.

Property Size6,000 SF
Price / SF$54.83
Days on Market316

Property Features for 2840 N Laramie Avenue

General Information

Standard status Active
Size 6,000 SF
Property subtype Commercial
Zoning COMMR

Property Condition

Severity Major
Evidence floor correction and strengthening foundation

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $20,077

Building Details

Year Built 1930
Buildings 1
Stories 1
Building Size 6,000 SF
Listing Agency: Century 21 Circle
Listed By: Mark Ahmad · License #471007186
Source: Ozmentrealestate
Added: Oct 9, 2025 Changed: Aug 13 Last Checked: Aug 19 at 2:48PM

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 Century 21 Circle

Investment Insights

Based on property information with market context.

Built in 1930, this single-story flex property offers approximately 6,000 Sq. ft. of open space organized for warehouse or industrial use, together with office space. The building is zoned COMMR and provides a commercial configuration that combines operational area with administrative space.

The property is positioned along Laramie Avenue at Diversey Avenue in Chicago’s Belmont Cragin neighborhood. It sits within the Falconer Bungalow Historic District, a residential area recognized on the National Register of Historic Places for its early-20th-century bungalow architecture.

The interior requires floor correction and foundation strengthening. That condition should be incorporated into any evaluation of the building’s next use and planned improvements.

Key Highlights

  • Approximately 6,000 Sq. ft. of open commercial space
  • Warehouse or industrial area combined with office space
  • Single‑story building zoned COMMR

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Acupuncture Garden Center Catering Service Nursing Home (Bike/Boat/Book/etc) Store

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,071
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Similar Off Market Nearby

  • Alltimate Catering 3051 N Cicero Ave, Chicago, IL 60641

Frequently Asked Questions

What type of property is this?
Flex space - Open commercial layout combines warehouse capability with dedicated office space in a heavily traveled neighborhood corridor.
Where is this flex space located?
The property is located at 2840 N Laramie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Approximately 6,000 Sq. ft. of open commercial space; Warehouse or industrial area combined with office space; Single‑story building zoned COMMR
More about this property
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