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Cicero Avenue Retail Development Opportunity
For Sale
$3,250,000

2825 N Cicero Ave, Chicago, IL 60641

24,500 SF parcel suitable for retail development or user.

Property Size5,600 SF
Lot Size0.56 Acres
Price / SF$580.36
Days on Market507

Property Features for 2825 N Cicero Ave

General Information

Standard status Active
Size 5,600 SF
Lot size 0.56 Acres
Listing Agency: Millennium Properties RE, Inc.
Listed By: Daniel Hyman · License #471.013658X
Source: Exprealty
Added: Mar 13, 2025 Changed: Jul 10 Last Checked: Jul 31 at 1:21PM

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 Millennium Properties RE, Inc.

Investment Insights

Based on property information with market context.

Located just off the corner of Cicero and Diversey Avenues, this 24,500 square foot parcel is available for sale. The land includes a 5,600 square foot building. It could be developed for a variety of retail uses. The site features substantial frontage on Cicero Avenue and easy access to Six Corners. The Belmont Cragin community has experienced steady population growth and renewed investment. Local businesses benefit from a strong residential consumer base, public transportation, and quick access to the Expressway. This property presents an opportunity for a user or developer.

Key Highlights

  • Substantial frontage on Cicero Avenue with easy access to Six Corners.
  • 24,500 square foot parcel suitable for development or user.
  • Located in Belmont Cragin, a community with steady population growth and renewed investment.

Property Analytics

Current Use

Windy City Motors Car Dealership American Rental Chicago Party Supply Store

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Catering Service (Bike/Boat/Book/etc) Store Nursing Home

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

Location Intelligence

Trade Area within ½ mile

1,750
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
20,570 visits/mo 0.4 miles
Family Dollar Shops & Services
5,304 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 24,500 SF parcel suitable for retail development or user.
Where is this commercial land located?
The property is located at 2825 N Cicero Ave Chicago, IL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Substantial frontage on Cicero Avenue with easy access to Six Corners.; 24,500 square foot parcel suitable for development or user.; Located in Belmont Cragin, a community with steady population growth and renewed investment.
More about this property
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