1844-1850 Cicero Ave Chicago, IL 60639
- Specialty properties
- 9,375 SF
Current Use by Public Records
- Specialty properties
Property Details for 1844-1850 Cicero Ave
- Property size
- 9,375 SF
- Property type
- Specialty properties
Description
This exceptional commercial property, located at 1844-1850 N Cicero Avenue in Chicago, Illinois, presents a unique investment opportunity. The property encompasses a 9,375 square foot lot with approximately 500 square feet of building space, strategically situated on a busy stretch of IL 50/Cicero Avenue, between Grand and Fullerton Avenues. This high-traffic location benefits from its proximity to the Chicago Transit Train Station at 1833 W. Grand Avenue, offering excellent accessibility. The property is currently leased to a long-term tenant (over 20 years) under a month-to-month agreement, generating a monthly income of $3,067. The site is zoned RS-3 but has enjoyed commercial use for two decades, operating as an auto-related business. The fenced parking lot adds to its functionality. The asking price is $395,000. This prime location offers easy access to the city, suburbs, interstates, and O'Hare Airport. The property includes multiple pin numbers: 13334100170000, 13334100180000, and 13334100190000, with associated tax information available upon request. This presents a compelling opportunity for investors seeking a stable income stream with significant potential for future growth in a thriving commercial area.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7465
- Latitude
- 41.9148
