5050 Cicero AveChicago, IL 60630

Property Details for 5050 Cicero Ave

Year built

1986

Lot size

0.07 AC

Property size (Sq ft)

1,900 SF

Property type

Retail properties

Property subtype

Retail space

APN

19-09-231-038

APU

1909231038

Description

This 4,850-square-foot, single-story commercial building, built in 1970 and renovated in 2023, offers 2,000 square feet of immediately available retail space. Located at 5050 N Cicero Ave, Chicago, IL 60630, this Class B property sits on a 0.3-acre lot and boasts exceptional visibility from the expressway, with ample signage opportunities. The property features customer parking in front and is situated next to a high-grossing Dunkin' Donuts. Conveniently located 0.5 miles from the Forest Glen Metra Train Station, it offers easy access to the Edens Expressway and benefits from proximity to multiple bus stops and Divvy stations. The area is densely populated with strong retail anchors including Target, Starbucks, LA Fitness, The Women's Center, Subway, Mobil, El Pueblito Mexican Grill, Crepe House Cafe, Jollibee, Seafood City Supermarket, Chipotle, and Extra Space Storage. Property taxes are $6 per square foot. The zoning is designated for retail use. The building has no elevators. This is a multi-tenant property.

• CAP approach

  CAP return

  Valuation

  6%

  $897,591

  6.5%

  $828,545

  7%

  $769,363

• Comparable approach

  Method

  Valuation

  Relative Method

  $623,637

  Geo Method

  $623,637

• Alternative Use

  Use

  Valuation

  Residential

  $698,909

  Hospitality

  $640,197

  Educational

  $532,636

  Medical

  $550,954

  Retail

  $828,545

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8007

Longitude

-87.7434

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.