3024 Laramie Ave Chicago, IL 60641-5051
Property summary
This exceptional 4,125 square foot commercial property located at 3024 N Laramie Avenue in Chicago, Illinois, presents a remarkable investment or business opportunity. The building offers incredible versatility, suitable for a wide range of uses including restaurants, churches, offices, or medical facilities. The property boasts two furnaces and air conditioning for year-round comfort. A fully equipped commercial kitchen is a key feature, including a commercial stove range with hood and exhaust, three compartment sinks, a freezer, griddle, and steam table. Ample preparation tables and shelving are also included, along with smaller cookware. The space further benefits from a beautiful wood wet bar, adding a touch of elegance. Included in the sale are tables and chairs, security cameras, two televisions, and a sign, ready for immediate use. Owner financing is available, making this an even more attractive proposition for potential buyers. The property is also available for lease, providing additional flexibility. This is a truly unique opportunity to acquire a well-equipped and versatile commercial space in a desirable Chicago location. Don't miss out on this chance to establish your business or expand your investment portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon Nail Salon
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Take-out & Catering Catering Service
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Hotel & Motel Resort
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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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.
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