5424-28 25Th St Cicero, IL 60804
- Investment properties
- 4,725 SF
Current Use by Public Records
- Investment properties
Property Details for 5424-28 25Th St
- Year built
- 1992
- Property size
- 4,725 SF
- Property type
- Investment properties
Description
This exceptional investment opportunity presents a substantial 4,725-square-foot warehouse located at 5424-28 W 25th Street in Cicero, Illinois. The property comprises three parcels, each measuring 3,125 square feet, and is zoned R-3. This versatile zoning allows for a wide range of potential uses, making it an attractive prospect for savvy investors and developers. The property is being sold "AS IS/WHERE IS," and prospective buyers are responsible for conducting thorough due diligence. This includes verifying zoning regulations, determining the age and condition of the structure, investigating potential uses, and exploring the availability of Tax Increment Financing (TIF) incentives. The seller is the Cook County Land Bank Authority. Given its size and location, this warehouse presents a significant opportunity for redevelopment or repurposing. The substantial square footage offers ample space for various business ventures, and the R-3 zoning opens doors to a variety of possibilities. This is a chance to acquire a substantial property in a developing area at a compelling price point of $160,000. Serious inquiries are encouraged to conduct their own independent investigations to fully assess the potential of this unique investment. The land area is not specified in acres.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cicero
- County
- Cook
- State
- Illinois
- Longitude
- -87.7601
- Latitude
- 41.8458