Updated Storefront
For Sale
Contact for pricing
2559 N Cicero Avenue, Chicago, IL 60639
The compact commercial space includes a private restroom, water station, and central heating and air conditioning.
Property Size884 SF
Price / SF$0.03
Days on Market24
Property Features for 2559 N Cicero Avenue
General Information
Standard status
Active
Size
884 SF
Property subtype
Retail
Zoning
B1-1
Site & Location
Neighborhood
Kelvyn Park
Building Details
Year Built
1922
Listing Agency:
Realty of America, LLC
(708) 788-1900
Listed By:
Ainhoa Garcia Jimenez · License #475173335
(312) 806-6110
Source:
Helenoliveri
Added: Oct 9
Changed: Oct 31
Last Checked: Oct 31 at 2:29PM
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 Realty of America, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 2559 N Cicero Avenue, this 884-square-foot storefront was built in 1922 and has since received updates to its plumbing, electrical systems, HVAC, flooring, lighting, fixtures, and walls. Large storefront windows, high ceilings, and natural light define the interior, which also includes a private bathroom and water station. Central heat and air conditioning serve the space.
The property is zoned B1-1 and faces Cicero Avenue in Chicago. Its storefront configuration and stated zoning support retail, professional office, and service-oriented business uses.
The property is zoned B1-1 and faces Cicero Avenue in Chicago. Its storefront configuration and stated zoning support retail, professional office, and service-oriented business uses.
Key Highlights
- 884 SF storefront at 2559 N Cicero Avenue
- B1‑1 zoning; stated use potential includes retail, professional offices, and service businesses
- Updates include plumbing, electrical, HVAC, flooring, lighting, fixtures, and walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,611
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,220
$252.2K
Cap Rate 7%
$180,157
$180.2K
Cap Rate 9%
$140,122
$140.1K
Market Conditions
NOI Build-Up for 884 SF
Gross rent
$19.6K $22.20/SF
− Vacancy
−$1.6K −$1.82/SF
EGI
$18.0K $20.38/SF
− OpEx
−$5.4K −$6.11/SF
NOI
$12.6K $14.27/SF
Area
ZIP 60639
Vacancy
8.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,220
Cap Rate 7%
$180,157
Cap Rate 9%
$140,122
Alternative Uses
Best Use
Retail
$180.2K
$157.6K – $210.2K
NOI $12,611 @ 7.0% cap · market cap 52,545.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.9K
$342.0K – $456.0K
NOI $27,360 @ 7.0% cap · market cap 114,000.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,426
Businesses Nearby
97k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 37%
Electronics 2%
McDonald's
Dining
38,417 visits/mo
0.3 miles
BP
Shops & Services
10,894 visits/mo
0.4 miles
KFC
Dining
9,626 visits/mo
0.2 miles
SUBWAY
Dining
8,634 visits/mo
0.2 miles
Old National Bank
Shops & Services
7,143 visits/mo
0.2 miles
Demographics for 60639, IL
89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Similar Off Market Nearby
- 𝑷𝒓𝒐𝒅𝒖𝒄𝒕𝒐 𝒑𝒆𝒓𝒔𝒐𝒏𝒂𝒍𝒊𝒛𝒂𝒅𝒐𝒚 𝒎𝒂𝒔 — 4453 W Dickens Ave, Chicago, IL 60639
- Flowers Gifts & More — 2505 N Laramie Ave, Chicago, IL 60639
- Isabela's Flowers & Gift — 2657 N Laramie Ave, Chicago, IL 60639
- Jacqueline Flowers — 4515 W Diversey Ave, Chicago, IL 60639
- Calla Lily's Flowers — 4515 w diversey ave, chicago, il 60639
Frequently Asked Questions
What type of property is this?
Storefront property - The compact commercial space includes a private restroom, water station, and central heating and air conditioning.
Where is this storefront property located?
The property is located at 2559 N Cicero Avenue Chicago, IL.
What are key features of this property?
This property features: 884 SF storefront at 2559 N Cicero Avenue; B1‑1 zoning; stated use potential includes retail, professional offices, and service businesses; Updates include plumbing, electrical, HVAC, flooring, lighting, fixtures, and walls
