Joseph Alvarado - Chicagoland Brokers Inc Logo
$725,000
( $84.80Per Sq Foot )
 $3,892 est/mo Sourced by Back At You

3012 N Laramie Avenue,Chicago, IL 60641

Chicago, IL 60641

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Description

This mixed-use building includes 5 units in total, with two retail spaces on the bottom floor and 3 residential units on the upper floor. The two retail units can be separated, but have been occupied by a single bakery tenant since 1986. The property is zoned B1-1, and the retail units feature black iron, a partial basement, ample storage space, and high foot traffic that bodes well for a thriving retail business. The property includes 3 residential units above the retail space, all of which are 2-bedroom 1-bath units. In the rear of the property, there are a total of 3 parking spaces, consisting of 1 garage spot and two pad parking spaces. With all leases being month-to-month and below market rate, this presents an excellent opportunity for any value-add investor or owner/user to add a cash-flowing property to their portfolio.

Details

MLS #12634737
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive Under Contract
Year1928
Days On Site144
Listing Provided BySperry Van Ness | Angelo Labriola

Features

SQ Feet8,550
Story(s)2
Units5

Interior

CoolingCentral Air, Window Unit(s)

Exterior

Construction MaterialsBrick

Utilities

ElectricCircuit Breakers, Separate Meters

Taxes

Tax Year2024
Tax Annual Amount11309.48

Area Information

StateIL
CountyCook
CityChicago
Zip Code60641
AreaCHI Belmont Cragin
Listing VS Median (in 60641)
Price:
$725,000
low | high
Med:
$440,000
89.310344827586% of Average
sqft:
8,550
low | high
Med:
1,732
100% of Average
$ / sqft:
$85
low | high
Med:
$254
100% of Average
On site:
144
low | high
Med:
82
100% of Average
Sourced by Back At You

Market Activity 60641

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Learn More About This Property

Joseph Alvarado

Joseph Alvarado

Chicagoland Brokers Inc

 (224) 324-5472agentjoea@gmail.com
StateIL
CountyCook
CityChicago
Zip Code60641
AreaCHI Belmont Cragin
Listing VS Median (in 60641)
Price:
$725,000
low | high
Med:
$440,000
89.310344827586% of Average
sqft:
8,550
low | high
Med:
1,732
100% of Average
$ / sqft:
$85
low | high
Med:
$254
100% of Average
On site:
144
low | high
Med:
82
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $543K - $906K
sqft: 6,000 - 10,500
Nearby Listings Property ImageNearby Listings Details
5154 W Wolfram Street Property Photo 1
$699,000
5154 W Wolfram Street
Chicago, IL 60641
Listing Updated: July 9, 2026 at 12:21:01 PM PDT

Joseph Alvarado - Chicagoland Brokers Inc