Mixed-Use Building with Retail and
3012 N Laramie Avenue Chicago, IL 60641
For Sale
$775,000
Mixed-use property featuring retail spaces and residential units in Chicago.
Days on Market452
Property Features for 3012 N Laramie Avenue
General Information
- Standard status
- Active
Building Details
- Year Built
- 1930
Listing Agency:
SPERRY VAN NESS
(312) 676-1866
Listed By:
ANGELO LABRIOLA · License #475130926
Source:
Corcoran
Added: Apr 29, 2025
Changed: Mar 16
Last Checked: Jul 23 at 7:11PM
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 SPERRY VAN NESS
Investment Insights
Based on property information with market context.
This mixed-use building comprises a total of 5 units, featuring two retail spaces on the ground floor and 3 residential units on the upper levels. The retail units, currently occupied by a single bakery tenant since 1986, can be separated. Zoned B1-1, the retail spaces include black iron, a partial basement, and ample storage, benefiting from high foot traffic suitable for retail businesses. The property also features 3 residential units above the retail space, each containing 2 bedrooms and 1 bathroom. At the rear of the property, there are 3 parking spaces, including 1 garage spot and two pad parking spaces. All leases are month-to-month and below market rate, presenting a value-add opportunity for investors or owner-users to enhance their portfolio with a cash-flowing property.
Key Highlights
- Mixed‑use building offers diverse income streams with 2 retail spaces and 3 residential units.
- Value‑add opportunity with month‑to‑month leases currently below market rate.
- High foot traffic in a B1‑1 zoned area, ideal for retail businesses.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Laramie Bakery & Deli
Food Market
El Porvenir Bakery ...
Bakery
Panaderia Pan-Chito
Bakery
FAQs
What type of property is this?
Mixed-use property - Mixed-use property featuring retail spaces and residential units in Chicago.
Where is this mixed-use property located?
The property is located at 3012 N Laramie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Mixed‑use building offers diverse income streams with 2 retail spaces and 3 residential units.; Value‑add opportunity with month‑to‑month leases currently below market rate.; High foot traffic in a B1‑1 zoned area, ideal for retail businesses.
