Six Corners Development
For Sale
$774,900
4242 N Cicero Avenue, Chicago, IL 60641
Incredible lot in red hot Six Corners location!
Property SizeContact for details
Days on Market455
Property Features for 4242 N Cicero Avenue
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$20,295
Listing Agency:
KOLLER & ASSOCIATES, L.L.C
(773) 394-1001
Listed By:
STEVEN KOLLER
Source:
Corcoran
Added: May 13, 2025
Changed: Mar 16
Last Checked: Aug 9 at 6:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KOLLER & ASSOCIATES, L.L.C
Investment Insights
Based on property information with market context.
This property is located in the exciting Six Corners neighborhood, surrounded by new developments, including the Sears development/conversion. The existing single-story commercial/retail medical office is gutted and situated on a 90 x 125 lot. The current B3-1 zoning may allow for a potential zoning change to accommodate possibly 3 commercial ground floor units plus 6 additional residential units, totaling 9 units. Another potential option is 9 residential units, consisting of 3 duplexes and 6 simplex units, subject to City approval. The 30 feet of frontage allows for an extra wide footprint. Other options include keeping the existing structure and adding 2 floors with parking or creating ground-level parking and adding a floor. The property consists of 3 P.I.N.s: 1316410023, 1316410024, and 1316410025. A survey is available, and walk-throughs of the existing structure are available by appointment. Buyers should conduct their due diligence with their architect/planner and the City of Chicago regarding zoning before submitting an offer.
Key Highlights
- Prime location in the rapidly developing Six Corners area, near the new Sears redevelopment.
- Large 90 x 125 lot with potential for rezoning to allow for a mixed‑use development.
- Potential to add 2 floors or create ground‑level parking and add a floor.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,867
Businesses Nearby
Explore this area
Business Placement
Demographics for 60641, IL
69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Incredible lot in red hot Six Corners location!
Where is this commercial land located?
The property is located at 4242 N Cicero Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $774,900.
What are key features of this property?
This property features: Prime location in the rapidly developing Six Corners area, near the new Sears redevelopment.; Large 90 x 125 lot with potential for rezoning to allow for a mixed‑use development.; Potential to add 2 floors or create ground‑level parking and add a floor.
