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Cicero Avenue Retail Development Opportunity
For Sale
$989,000

2841-49 N Cicero Ave, Chicago, IL 60641

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

Property SizeContact for details
Days on Market389

Property Features for 2841-49 N Cicero Ave

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: Millennium Properties RE, Inc.
Listed By: Daniel Hyman · License #471013658
Source: Saladinosells
Added: Sep 1, 2025 Changed: Sep 21 Last Checked: Sep 22 at 9:56PM

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

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Current Use

Commercial land

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - 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 Ave 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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