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.

Based on information submitted to MRED as of September 22, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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More Info

Basic Information

List Price$725,000
MLS Number12634737
Mls Status Active Under Contract
Property TypeCommercial Sale

Utilities

Heat VentilationCentral Heat/Indiv Controls, Forced Air, Gas
Cooling Central Air, Window Unit(s)
Electric ["Circuit Breakers", "Separate Meters"]

Amenities

Fire ProtectionFire Extinguisher/s
Other AmenitiesBasement

Tax Information

Tax Annual Amount $11,309
Tax Year 2024

Basic Information

Property SubTypeMixed Use

Building

Num Of Apts3
Stories2
Units5
Year Built1928

Property Information

Construction Materials ["Brick"]
Lot Size Dimensions 50X125
Lot Size Square Feet 6250
Square Feet8,550

Parking

Indoor Parking1-5 Spaces
Outdoor Parking1-5 Spaces
Parking Spaces

Location

AreaBelmont Cragin
Building Number3012
CountyCook
StateIL
StreetNorth Laramie Avenue
TownChicago
Zip60641

Other

Total Monthly Income$2,650
Date Listed05/21/2026
Gross Scheduled Income $31,800

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Amo Chicago Condos