For Sale
$349,000

2556 Laramie Ave Chicago, IL 60639

Prime Chicago location, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
127
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.
  • Ample parking.
  • Prominent, highly visible signage.

Property Details for 2556 Laramie Ave

Property type
Specialty properties, Retail properties
Square Feet
1,100 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.927765335289
Longitude
-87.756307678576
2556 Laramie Ave, Chicago, Illinois

FAQs

What type of property is this?
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?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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2556 Laramie Ave
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