1234-1250 Cicero Ave Chicago, IL 60651
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Specialty properties
Property Details for 1234-1250 Cicero Ave
- Property size
- 6,200 SF
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional commercial property, located at 1234-1250 N Cicero Avenue in Chicago, IL 60651, presents a unique investment opportunity. The property encompasses a 6,200 square foot building situated on a sizable 25,000 square foot lot. Currently vacant, the building features 16-foot high ceilings, office space, multiple bathrooms, an overhead garage door, and a loading dock accessible from Crystal Street. A fenced parking lot with curb access from Cicero Avenue provides ample parking. The property benefits from a highly desirable C1-1 zoning, allowing for multiple uses. Its prime location on busy IL 50/Cicero Avenue, at the corner of Cicero Avenue and Crystal Street, offers excellent visibility and accessibility. The site is conveniently located near major interstates, O'Hare Airport, and public transportation, providing easy access to the city and surrounding suburbs. While currently subject to some city violations, this property's strategic location and substantial size offer significant redevelopment potential. Neighboring major retailers and boasting a central location, this property is ideal for a variety of commercial ventures. The annual real estate tax for 2023 is $28,000. Asking price: $999,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7461
- Latitude
- 41.9034
