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Cicero Avenue Retail Development Opportunity
For Sale
$989,000

2841-49 N Cicero Avenue, Chicago, IL 60641

15,375 SF parcel on Cicero Avenue for retail development.

Property SizeContact for details
Days on Market409

Property Features for 2841-49 N Cicero Avenue

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $13,457
Listing Agency: MILLENNIUM PROPERTIES RE, INC.
Listed By: DANIEL HYMAN · License #471.013658X
Source: Corcoran
Added: Jun 27, 2025 Changed: Aug 8 Last Checked: Aug 9 at 8:44AM

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.

This 15,375 square foot parcel is available for sale on Cicero Avenue, situated between Diversy and Fullerton. The land presents a development opportunity for a variety of retail uses. The site features substantial frontage on Cicero Avenue and offers convenient access to Six Corners. The Belmont Cragin community has experienced population growth and renewed investment. Local businesses benefit from a strong residential consumer base.

Key Highlights

  • High‑traffic location on Cicero Avenue between Diversy and Fullerton.
  • Large 15,375 square foot parcel suitable for various retail developments.
  • Substantial frontage on Cicero Avenue with easy access to Six Corners.

Property Analytics

Current Use

Commercial land

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 15,375 SF parcel on Cicero Avenue for retail development.
Where is this commercial land located?
The property is located at 2841-49 N Cicero Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: High‑traffic location on Cicero Avenue between Diversy and Fullerton.; Large 15,375 square foot parcel suitable for various retail developments.; Substantial frontage on Cicero Avenue with easy access to Six Corners.
More about this property
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