2556 Laramie Ave Chicago, IL 60639-2452
Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Dental Office
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.