1821 S 54th Ave, Cicero, IL 60804

Building Details

Year Built

1931

Listing office Marcus & Millichap - Chicago Downtown d***@marcusmillichap.com Show Phone

Listing date Jun 22, 2026

Source Marcusmillichap

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 Marcus & Millichap - Chicago Downtown

Report an issue

---

Overview

1821 S. 54th Ave presents a 2.44-acre infill industrial site with an existing warehouse building totaling approximately 47,281 square feet. The property’s improvements date to circa 1931 and are likely functionally obsolete, supporting a demolition-and-rebuild approach for buyers focused on modern industrial development. Alternatively, the existing building can be utilized for light manufacturing, storage, or service-oriented operations while the site is evaluated for repositioning. The asset is zoned L-I, Light Industrial, providing flexibility for a broad range of logistics and manufacturing uses.

Located just west of Chicago, the site benefits from access to major regional corridors, including I-290 and I-55, along with surrounding arterials. The large parcel size can accommodate new warehouse, flex, or yard-oriented industrial development, depending on the buyer’s intended program.

For tenants, owner-users, and investors, the property offers two practical paths: immediate utilization of the existing structure for suitable light industrial needs, or a redevelopment strategy aimed at creating a modern infill industrial asset. This makes the site particularly relevant for operators seeking proximity to Chicago with the ability to modernize the facility over time.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Cicero

County

Cook

State

Illinois

Longitude

-87.7585426

Latitude

41.856266

Nearby Similar for Sale

• 

  $675,000

  18,500 SF

  Flex Warehouse Office Building

  A multi-use building with finished offices and warehouse space plus secured parking for daily operations.

  4606 W CERMAK Road, Cicero, IL 60804

  View Details
• 

  $675,000

  18,500 SF

  Office Warehouse Flex Building

  Multi-use building offers finished offices and warehouse space plus 40 secured parking spaces.

  4606 W CERMAK Road, Cicero, IL 60804

  View Details
• 

  $675,000

  18,500 SF

  Mixed-Use Building in Cicero, IL

  18,500 SF mixed-use building with office and warehouse space.

  4606 W CERMAK Road, Cicero, IL 60804

  View Details
• 

  $2,960,000

  Stabilized Neighborhood Shopping Center

  Fully occupied retail shopping center with recent roof, parking, and partial HVAC replacements for low-maintenance operations.

  5633-5647 W Roosevelt Road, Cicero, IL 60804

  View Details
• 

  $459,900

  Turnkey Beauty and Barber Property

  Turnkey beauty and barber facility with multiple stations and leased suites, remodeled in recent years for immediate operation.

  5431 W 25th Street, Cicero, IL 60804

  View Details
• 

  $359,900

  Multilot Automotive Commercial Site

  Four contiguous lots with an office building and used-vehicle display areas, positioned for automotive-related operations.

  1328-1334 S CICERO Avenue, Cicero, IL 60804

  View Details
• 

  $795,000

  Mixed-Use Property with Corner Storefront

  Upgraded mixed-use building with corner storefront and three furnished apartments plus two-car garage and adjacent tenant outdoor space.

  5801 W 16th Street, Cicero, IL 60804

  View Details
• 

  $795,000

  Mixed-Use Quadplex with Corner Storefront

  Corner storefront and three apartments, plus a 2-car garage and included adjacent lot used as tenant outdoor space.

  5801 W 16th Street, Cicero, IL 60804

  View Details
• 

  $550,000

  Four-Unit Multifamily on Double Corner Lot

  Four-unit property with new boiler, two-car garage, and off-street parking on an oversized double corner lot.

  1847 S 57th Avenue, Cicero, IL 60804

  View Details
• 

  $550,000

  Two-Unit Brick Duplex

  Updated two-unit brick building with four-bedroom units, finished walkout basement, garage parking, and separate utilities for easier management.

  1928 S 48th Court, Cicero, IL 60804

  View Details
• 

  $729,900

  Two-Unit Residential Income Property

  Newly built 2023 duplex offers two modern units, 6 bedrooms, 4 bathrooms, and an unfinished basement for storage or expansion.

  5431 W 30th Place, Cicero, IL 60804

  View Details
• 

  $549,900

  Turnkey Renovated Two-Unit Brick Home

  Fully renovated two-unit brick building with finished basement access and new systems throughout, ready for investment use.

  5329 W 30th Place, Cicero, IL 60804

  View Details

FAQs

What type of property is this?

Flex space - Redevelopment-ready infill industrial site with an existing warehouse on a 2.44-acre parcel zoned for light industrial use.

Where is this flex space located?

The property is located at 1821 S 54th Ave Cicero, IL.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: 2.44‑acre infill industrial site with an existing warehouse totaling approx. 47,281 SF; Year built: 1931, with improvements likely functionally obsolete and suited for redevelopment planning; Light Industrial zoning (L‑I) allowing a wide range of logistics and manufacturing uses