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Restaurant Building with Secured Back Parking
New
For Sale
$200,000

336 S Laramie Avenue, Chicago, IL 60644

First-floor restaurant with secured back parking, plus a second-floor two-bedroom apartment needing a total gut rehab.

Days on Market4

Property Features for 336 S Laramie Avenue

General Information

Standard status Active
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Floor 1
Equipment Included Yes

Building Details

Year Built 1921
Listing Agency: @properties Christie's International Real Estate
Listed By: Urai Chiya · License #471013266
Source: Perillorealestategroup
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 31 at 1:31PM

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 @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

This restaurant building is ready for a new operator, with the first-floor restaurant offering the primary value. The property includes restaurant equipment and key systems such as refrigeration and black iron, and it is being sold as-is. Some updating is required.

In addition to the restaurant, there is a two-bedroom, one-bath apartment on the second floor that is in need of a total gut rehab. Secured parking is available in the back.

The property was built in 1921 and is located on busy Laramie Ave just north of the Eisenhower, providing prominent day-to-day visibility for retail dining operations.

Key Highlights

  • First‑floor restaurant with equipment including refrigeration and black iron
  • Secured parking in the back
  • Second‑floor 2 bed 1 bath apartment in need of a total gut rehab

Property Analytics

Current Use

Toy's Beef & Rice Restaurant Greenline Foods Grocery & Convenience Store Family First Furniture ... Furniture & Home Goods

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center (Bike/Boat/Book/etc) Store Travel Agency Plumbing Service

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

975
Businesses Nearby
50k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Dining 47%
McDonald's Dining
23,692 visits/mo 0.4 miles
BP Shops & Services
10,560 visits/mo 0.1 miles
AutoZone Shops & Services
5,310 visits/mo 0.4 miles
U.S. Bank Shops & Services
4,946 visits/mo 0.3 miles
Advance Auto Parts Shops & Services
3,716 visits/mo 0.5 miles

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - First-floor restaurant with secured back parking, plus a second-floor two-bedroom apartment needing a total gut rehab.
Where is this conventional restaurant located?
The property is located at 336 S Laramie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: First‑floor restaurant with equipment including refrigeration and black iron; Secured parking in the back; Second‑floor 2 bed 1 bath apartment in need of a total gut rehab
More about this property
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