Mixed-Use Building in Belmont
For Sale
$725,000
3012 N Laramie Avenue, Chicago, IL 60641
Five-unit mixed-use building with retail and apartments in Chicago.
Property Size8,550 SF
Price / SF$84.80
Days on Market102
Property Features for 3012 N Laramie Avenue
General Information
Standard status
Active
Size
8,550 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$11,309
Building Details
Building Size
8,550 SF
Year Built
1928
Stories
2
Units
5
Listing Agency:
Sperry Van Ness
(312) 676-1866
Listed By:
Angelo Labriola · License #475130924
(312) 676-1866
Source:
Midwestrealestate
Added: May 14
Changed: Aug 23
Last Checked: Aug 20 at 10:32AM
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 five-unit mixed-use building features two ground-floor retail spaces and three apartments above. Currently, the retail storefronts are combined for a single business but can be easily separated. The retail unit includes black iron in the kitchen, an open floor plan, a partial basement, and dedicated storage. The three apartments are all 2-bed 1-bath units, currently occupied by tenants on month-to-month leases. The property also provides three rear parking spaces, including one garage space and two surface spots. Located in Chicago’s Belmont Cragin neighborhood on the city’s northwest side, the property benefits from a dense residential base and an established commercial corridor. The area is characterized by a mix of single-family homes and multifamily buildings, supporting consistent demand for both housing and neighborhood retail. Belmont Cragin is anchored by strong local businesses, service-oriented retail, and steady foot and vehicle traffic along key thoroughfares. The neighborhood also offers access to nearby green space, including Riis Park, contributing to long-term residential stability and tenant retention. The property size is 8550 square feet.
Key Highlights
- Mixed‑use building with diversified income streams from two retail spaces and three apartments.
- Located in Chicago's Belmont Cragin, a dense residential area with an established commercial corridor.
- Three rear parking spaces, including one garage, a valuable amenity.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,721
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five-unit mixed-use building with retail and apartments 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 $725,000.
What are key features of this property?
This property features: Mixed‑use building with diversified income streams from two retail spaces and three apartments.; Located in Chicago's Belmont Cragin, a dense residential area with an established commercial corridor.; Three rear parking spaces, including one garage, a valuable amenity.**
