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    5919 Ogden Ave Cicero, IL 60804

    Sponsored
    For Sale
    $2,200,000

    11,200 SF Warehouse, 1 Acre Lot, High Traffic

    Property size:
    11,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Cicero, IL property presents a unique investment opportunity. The 11,200 square foot warehouse sits on a one-acre lot at a highly visible corner location with a high traffic count, making it ideal for redevelopment or continued use. The two-story brick building offers a versatile layout, including 1,000 square feet of office space situated on the second floor and 9,500 square feet of manufacturing space on the ground floor. The warehouse is equipped with essential utilities, including airline and water lines, as well as floor drains, catering to a variety of potential uses. A significant advantage is the building's robust 2,400 AMP electrical system. The property's existing infrastructure, combined with its prime location and size, makes it well-suited for businesses requiring ample space and robust power. Its suitability for truck repair and/or truck parking adds to its appeal. The asking price for this exceptional property is $2,200,000. This is a confidential listing.

    Property Features for 5919 Ogden Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    11,200 SF
    Lot Size
    43,560 SF

    Building Details

    Stories
    2

    HighLights

    • $2,200,000 asking price.
    • 11,200 square foot warehouse.
    • Two‑story building on a one‑acre lot in Cicero, IL.
    • Features 1,000 square feet of office space and 9,500 square feet of warehouse space.
    • Includes 2,400 AMP electrical system, air lines, water lines, and floor drains.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.7716558
    Latitude
    41.8342666

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    FAQs

    What type of property is this?
    Distribution property - 11,200 SF Warehouse, 1 Acre Lot, High Traffic
    Where is this distribution property located?
    The property is located at 5919 Ogden Ave Cicero, IL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price.; 11,200 square foot warehouse.; Two-story building on a one-acre lot in Cicero, IL.
    Request Owner's contact information
    5919 Ogden Ave Cicero, IL 60804
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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
    5919 Ogden Ave Cicero, IL 60804
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