11-Unit Mixed-Use
For Sale
$1,085,000
Pending
2957 N Cicero Avenue, Chicago, IL 60641
Masonry construction combines residential apartments with vacant ground-floor retail space.
Property Size8,200 SF
Days on Market52
Property Features for 2957 N Cicero Avenue
General Information
Standard status
Pending
Size
8,200 SF
Property subtype
MULTI_FAMILY
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x studio, 1 x 1BR, 4 x 2BR
Multifamily Units
9
Taxes and HOA fees
Annual Taxes
$25,857
Building Details
Building Size
8,200 SF
Year Built
1927
Buildings
1
Construction
masonry
Tenancy
Multi
Listing Agency:
Triton Realty Group LLC
Listed By:
James Thompson · License #475191053
(312) 788-9379
Source:
Dawnmckennagroup
Added: Aug 4
Changed: Sep 21
Last Checked: Sep 22 at 8:36PM
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 Triton Realty Group LLC
Investment Insights
Based on property information with market context.
This 11-unit mixed-use building was constructed in 1927 with masonry brick construction and contains 8,200 SF. The upper level includes nine apartments: four studios, one one-bedroom unit, and four two-bedroom units. Two ground-floor storefronts totaling 3,000 SF are currently vacant, creating a separate commercial component within the property. Residential units are separately metered, and the building currently generates residential income.
The property occupies the corner of Cicero Avenue and Wellington Avenue in Belmont Cragin, with CTA bus service along Cicero Avenue. I-90/94 provides access toward downtown Chicago and O'Hare. The retail spaces are positioned for future build-out and leasing, while the residential portion is already in operation.
The property occupies the corner of Cicero Avenue and Wellington Avenue in Belmont Cragin, with CTA bus service along Cicero Avenue. I-90/94 provides access toward downtown Chicago and O'Hare. The retail spaces are positioned for future build-out and leasing, while the residential portion is already in operation.
Key Highlights
- 11‑unit mixed‑use building with 9 apartments and 2 ground‑floor storefronts
- 8,200 SF masonry brick building constructed in 1927
- Apartment mix includes 4 studios, 1 one‑bedroom, and 4 two‑bedrooms
Property Analytics
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Current Use
Lease Details
9
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,400
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Masonry construction combines residential apartments with vacant ground-floor retail space.
Where is this mixed-use property located?
The property is located at 2957 N Cicero Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,085,000.
What are key features of this property?
This property features: 11‑unit mixed‑use building with 9 apartments and 2 ground‑floor storefronts; 8,200 SF masonry brick building constructed in 1927; Apartment mix includes 4 studios, 1 one‑bedroom, and 4 two‑bedrooms
