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$725,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 8,550 Sq. Ft.
  • Updated 2 days ago
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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.

Full Property Details for 3012 N Laramie Ave

General

  • Price: $725,000
  • Taxes: $11,309 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12634737

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: CHI - Belmont Cragin
  • County: Cook
  • Driving Directions: On Laramie Ave at W Nelson St | Do not disturb the active business
  • Location Details: Chicago Northwest

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Window Unit(s)
  • Heating Type: Central Heat/Individual Controls, Forced Air, Gas

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 2
  • Square Feet: 8,550
  • # of Stores: 2
  • Year Built: 1928
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 6,250
  • Lot Dimensions: 50 x 125

Financial Considerations

  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1928
  • Tax Amount: $11,309.48
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 13281150330000

Listed by Sperry Van Ness

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— 3012 N Laramie Ave —

  • Sperry Van Ness

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3012 N Laramie Ave

School District:Chicago Public School District 299
NameGradesDistance
Falconer Elementary School
3020 North Lamon Avenue, Chicago, IL 60641
PK-60.3 mi
Kelvyn Park High School
4343 West Wrightwood Avenue, Chicago, IL 60639
7-81.2 mi
Foreman High School
3235 North Leclaire Avenue, Chicago, IL 60641
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 3012 N Laramie Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,638
3%
$21,981
—
2022
$4,521
2%
$21,981
—
2021
$4,420
9%
$21,981
20%
2020
$4,071
-5%
$18,274
-14%
2019
$4,269
2%
$21,249
—
2018
$4,197
—
$21,249
8%
2017
$4,218
7%
$19,592
—
2016
$3,924
9%
$19,592
—
2015
$3,590
-8%
$19,592
-7%
2014
$3,920
2%
$21,127
—
2013
$3,842
1%
$21,127
—
2012
$3,791
—
$21,127
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Sperry Van Ness

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3012 N Laramie Avenue, Chicago, IL 60641 (MLS# 12634737) is a Commercial property. 3012 N Laramie Avenue is currently listed for $725,000 and was received on May 21, 2026. Want to learn more about 3012 N Laramie Avenue? Do you have questions about finding other Commercial real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.

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