Property profile & analytics
2556 Laramie Ave Chicago, IL 60639-2452
- Retail space
- 1,100 SF
- 0.16 lot acres
OFF-MARKET
Last Sale
May 28, 2025
May 28, 2025
$300,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-5696773
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Laramie Dental / Dental Office
Property Details for 2556 Laramie Ave
- Year built
- 1961
- Lot size
- 0.16 lot acres
- Property size
- 1,100 SF
- Property type
- Retail space
- APN
- 13-28-321-045
- APU
- 1328321045
Description
This exceptional commercial property, located at 2556 N Laramie Ave in Chicago, IL 60639, presents a unique investment opportunity. Situated at the corner of Laramie Ave and Wrightwood Ave, at a traffic light intersection, this freestanding building boasts strong street presence and visibility. Its strategic location between Fullerton Ave and Diversey Ave ensures high traffic volume and pedestrian count, ideal for a variety of businesses. The property includes approximately 1,100 to 7,200 square feet of space, with ample parking available. The B 1-1 zoning permits mixed-use development, making it suitable for redevelopment and accommodating numerous businesses, including retail, office, and special purpose uses. The current building has housed a diverse range of tenants, including a dentist, medical labs, a fast-food restaurant, an attorney's office, a mortgage office, retailers, and tobacco shops. The property's high visibility is further enhanced by a prominent, easily visible sign. Its proximity to major roads, interstates, and O'Hare Airport adds to its appeal. The 2023 annual real estate taxes are $9,400. A drive-thru possibility exists, adding further potential for various business models. This property is surrounded by major retailers and well-populated residential and commercial districts, ensuring a strong customer base. This is an excellent opportunity to acquire a high-traffic, versatile commercial property in a thriving Chicago neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7566
- Latitude
- 41.9276
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,144
$32,116
$12,341
$44,457
-
$128,464
$49,364
$177,828
