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    1401 Cicero Ave Chicago, IL 60651

    Sponsored
    For Lease
    Contact for pricing

    Large industrial space, ample parking, divisible office.

    Lot size:
    394,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Chicago property offers a unique blend of industrial and office space, ideal for a variety of businesses. Located at 1401 N Cicero Ave, Chicago, IL 60651, this Cook County property boasts a total of 394,000 square feet across two suites, situated on four acres of land. The building, constructed in 1989 and classified as Class B, features a substantial 28,669 square feet of vacant space. The minimum divisible space is 10,512 square feet, with a maximum contiguous space of 18,157 square feet available. The property includes 100 parking spaces, five drive-in bays, and robust power capabilities ranging from 1,200 to 3,200 amps, with voltage options of 277-480v, 3-phase, 4-wire heavy power. The high ceilings measure 32 feet. The zoning is industrial, and the property is conveniently located near the intersection of N Cicero and W Division Streets. A significant feature is the ample truck parking accommodating 100+ trailers. Separate leasing opportunities exist for a truck maintenance garage with three overhead doors and the 18,157 square foot divisible office space.

    Property Features for 1401 Cicero Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    394,000 SF
    Class
    B

    Building Details

    Year Built
    1989

    Unit(s) available at that property

    Space
    Fleet Truck Parking
    Size
    174,240 SF
    Space
    Truck Maintenance Shop
    Size
    10,512 SF
    Space
    Office
    Size
    18,157 SF

    HighLights

    • High‑traffic location with excellent visibility.
    • Ample on‑site parking available for tenants and customers.
    • Modern, efficient floor plan ideal for a variety of businesses.
    • Recently renovated interior with updated fixtures and finishes.
    • Competitive lease rates and flexible lease terms available.
    Property Profile Location Intelligence

    Current Use by Public Records

    LBP MFG INC Shipping Company Coca-Cola Vending Vending Machine Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7440471
    Latitude
    41.9047009

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    FAQs

    What type of property is this?
    Land - Large industrial space, ample parking, divisible office.
    Where is this land located?
    The property is located at 1401 Cicero Ave Chicago, IL.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility.; Ample on-site parking available for tenants and customers.; Modern, efficient floor plan ideal for a variety of businesses.
    Request Owner's contact information
    1401 Cicero Ave Chicago, IL 60651
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1401 Cicero Ave Chicago, IL 60651
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