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    3840 South Laramie Ave Cicero, IL 60804

    For Sale
    Contact for pricing

    Standalone building with secured yard, ideal for transportation and logistics.

    Property size:
    15,170 SF

    Property Features for 3840 South Laramie Ave

    General Information

    Size
    15,170 SF

    Building Details

    Year built
    1959

    Source: Dylan Maher Agent Dylan Maher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Functional Standalone Building and Yard

    This functional standalone building and yard is available for sale, offering direct access to I-55 via Cicero Avenue (0.8 miles) and Central Ave (1.2 miles). The property features a fully fenced and secured yard with two points of ingress and egress. It is ideally suited for transportation, logistics, equipment rental, fleet parking, and contractor storage yard purposes. The warehouse will have a new roof in 2024, and the office will have a new roof and new office windows in 2025, along with full building tuckpointing in 2025. The office also benefits from a new furnace and air conditioning system installed in 2023. The property is located in Cicero, IL.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Extra Space Storage, Nearby Storage Units - Cicero, IL, Nearby Storage Units, Self Storage, Route 66 Towing Service Grua Tow Truck

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.7538261
    Latitude
    41.8221934

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    FAQs

    What type of property is this?
    Warehouse - Standalone building with secured yard, ideal for transportation and logistics.
    Where is this warehouse located?
    The property is located at 3840 South Laramie Ave Cicero, IL.
    What are key features of this property?
    This property features: - Direct access to I-55 via Cicero Avenue and Central Ave; - Functional standalone building and yard; - Fully fenced and secured yard
    (331) 262-7982
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    3840 South Laramie Ave 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
    3840 South Laramie Ave Cicero, IL 60804
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