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    5919 Ogden Ave Cicero, IL 60804

    Sponsored
    For Sale
    $2,200,000

    Spacious Warehouse, Ideal Redevelopment

    Property size:
    10,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 5919 W Ogden Avenue in Cicero, Illinois, presents a significant investment opportunity. The property encompasses a substantial 11,200 square foot brick warehouse situated on a one-acre lot. The building's layout is highly functional, featuring a 1,000 square foot office space conveniently located on the second floor, and a generous 9,500 square feet of manufacturing space on the ground floor. The warehouse is equipped with essential utilities including airline and water lines, as well as floor drains, catering to a variety of industrial uses. A robust 2,400 AMP electrical system ensures ample power for demanding operations. The property's strategic corner location on Ogden Avenue benefits from high traffic volume, enhancing visibility and accessibility. Its suitability for truck repair and/or truck parking, combined with its redevelopment potential, makes this a versatile and attractive asset. The property's size and features make it suitable for a range of industrial and commercial uses. This is a confidential listing. Serious inquiries only.

    Property Features for 5919 Ogden Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,500 SF

    Building Details

    Year Built
    1962
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.77171
    Latitude
    41.8341

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Warehouse, Ideal Redevelopment
    Where is this commercial real estate located?
    The property is located at 5919 Ogden Ave Cicero, IL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    (708) 450-0110
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    5919 Ogden 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
    5919 Ogden Ave Cicero, IL 60804
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