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    2345 S Central Ave Cicero, IL 60804

    For Sale
    $565,417

    Mixed Use - Cicero, IL

    Type:Mixed Use
    Property size:
    4,250 SF
    Days on Market:
    16
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for 2345 S Central Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    MULTI
    APN
    16281120090000
    Size
    4,250 SF

    Building Details

    Year built
    1915
    Number of units
    4
    Architectural style
    Other

    Luna Realty Group (708) 268-3349 [email protected]

    Listing agent Jorge Armand Luna (708) 797-3027 License #471019589

    Listing date Nov 29, 2025

    MLS# 12525068 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property on Central Avenue

    This mixed-use property is located on Central Avenue and features three residential units. Each unit includes two bedrooms, a living room, a dining room, a kitchen, and a bathroom. Additionally, the property includes a storefront that is currently operating as a bar. The property offers potential for various businesses and can generate income through rental opportunities. A 2-car garage is also included. The property size is 4250 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.7635249
    Latitude
    41.8474625

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    FAQs

    What type of property is this?
    Mixed-use property - Spacious mixed-use property with residential units and a storefront.
    Where is this mixed-use property located?
    The property is located at 2345 S Central Ave Cicero, IL.
    What is the asking price?
    The asking price for this property is $565,417.
    What are key features of this property?
    This property features: - Income-generating potential from three residential units and a storefront; - Storefront currently operating as a bar; - Prime location on Busy Central Avenue
    (708) 797-3027
    Request Owner's contact information
    2345 S Central Ave Cicero, IL 60804
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    Cicero, IL 60804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2345 S Central Ave Cicero, IL 60804
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