3012 N Laramie Avenue, Chicago, IL 60641

Sqft8550

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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.

  • Commercial Sale, Mixed Use
    Property Type
  • 8550
    Sqft
  • 1928
    Year Built

Property Documents

Property Overview

  • Property ID 12634737
  • Price $725,000
  • Property Size 8550 Sqft
  • Garage Size x x
  • Year Built 1928
  • Property Status Active
  • Property Type Mixed Use, Commercial Sale

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