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Mixed-Use Property with Bar

2345 S Central Avenue, Cicero, IL 60804

For Sale
New
$565,417

Commercial Sale, Cicero, IL

Property SizeContact for details
Lot Size0.09 Acres
Days on Market6

Property Features for 2345 S Central Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning MULTI
Directions Cermak South on Central to Property
Subdivision Cicero
Standard status Active
APN 16281120090000
Lot size 0.09 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9994

Building Details

Year built 1915
Floors in Building 2
Number of units 4
Building materials Brick
Listing Agency: Luna Realty Group
Listed By: Jorge Armand Luna · License #471019589
Added: Nov 4 Last Checked: Nov 9 at 6:06AM
MLS# 12801252

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This brick mixed-use property in Cicero contains three residential units and a storefront currently used as a bar. Each residence has two bedrooms, a living room, dining room, kitchen, and bathroom. A two-car garage is also on the property.

Built in 1915, the property occupies 0.0861 acres at 2345 S Central Avenue. The zoning designation is MULTI.

Key Highlights

  • Three residential units, each with two bedrooms
  • Storefront currently operating as a bar
  • Each residence includes living and dining rooms, a kitchen, and a bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Parking Lot & Garage Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,139
Businesses Nearby

Demographics for 60804, IL

85,673
Population
26,738
Households
3.2
Avg Household Size
32
Median Age
11%
College-Educated
68%
High-School Grad
7.1 sq mi
ZIP Area
12,067
Density / Sq Mi
$68,548
Median Household Income
$36,786
Median Earnings
$1,121
Median Rent
$236,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Cook County, IL

$304 Jul
$216 Aug
$185 Sep
$187 Oct

Properties on Market for Mixed-use properties in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three two-bedroom residences share the property with a bar storefront and a two-car garage.
Where is this mixed-use property located?
The property is located at 2345 S Central Avenue 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: Three residential units, each with two bedrooms; Storefront currently operating as a bar; Each residence includes living and dining rooms, a kitchen, and a bathroom
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