This exceptional commercial property, located at 2556 N Laramie Ave in Chicago, IL 60639, presents a unique investment opportunity. Situated at the corner of Laramie Ave and Wrightwood Ave, at a traffic light intersection, this freestanding building boasts strong street presence and visibility. Its strategic location between Fullerton Ave and Diversey Ave ensures high traffic volume and pedestrian count, ideal for a variety of businesses. The property includes approximately 1,100 to 7,200 square feet of space, with ample parking available. The B 1-1 zoning permits mixed-use development, making it suitable for redevelopment and accommodating numerous businesses, including retail, office, and special purpose uses. The current building has housed a diverse range of tenants, including a dentist, medical labs, a fast-food restaurant, an attorney's office, a mortgage office, retailers, and tobacco shops. The property's high visibility is further enhanced by a prominent, easily visible sign. Its proximity to major roads, interstates, and O'Hare Airport adds to its appeal. The 2023 annual real estate taxes are $9,400. A drive-thru possibility exists, adding further potential for various business models. This property is surrounded by major retailers and well-populated residential and commercial districts, ensuring a strong customer base. This is an excellent opportunity to acquire a high-traffic, versatile commercial property in a thriving Chicago neighborhood.
Highlights
Freestanding building with high visibility at a signalized intersection of Laramie Ave. and Wrightwood Ave.
Located between Fullerton Ave. and Diversey Ave. for high traffic exposure.
Drive-thru potential.
Surrounded by major retailers and dense residential and commercial areas.
Specialty property - Prime Chicago location, high traffic area.
Where is the specialty property located?
The property is located at 2556 Laramie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Freestanding building with high visibility at a signalized intersection of Laramie Ave. and Wrightwood Ave.; Located between Fullerton Ave. and Diversey Ave. for high traffic exposure.; Drive-thru potential.
How can I contact the broker?
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Contacts
Mark Ahmad
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Laramie Ave Chicago, IL 60639
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Laramie Ave Chicago, IL 60639
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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2556 Laramie Ave
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