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Mixed-Use Building in Belmont Cragin
For Sale
Contact for pricing
Pending

3012 North Laramie Avenue, Chicago, IL 60641

Five-unit mixed-use building with retail and apartments in Chicago.

Property Size8,550 SF
Days on Market103

Property Features for 3012 North Laramie Avenue

General Information

Standard status Pending
Size 8,550 SF
Property subtype Retail, Multifamily, Mixed Use
Zoning B1-1
Investment Type Owner/User

Building Details

Year Built 1929
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: SVN Chicago Commercial
Listed By: Samuel Silveira · License #IL #475208508
Source: Crexi
Added: May 13 Changed: Aug 15 Last Checked: Aug 14 at 6:08AM

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 SVN Chicago Commercial

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

Current Use

Laramie Bakery & Deli Food Market El Porvenir Bakery ... Bakery Panaderia Pan-Chito Bakery

Suggested Use

Top Pick Law Firm Acupuncture Skin Care Clinic Catering Service Hotel & Motel Garden Center

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

1,721
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
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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 North 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.**
(312) 676-1878 Call to check price and availability
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