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    5919 Ogden Ave Cicero, IL 60804

    • Retail space
    • 1.00 lot acres
    For Sale
    View listing
    $2,200,000
    Value Estimation
    Last Sale
    Feb 01, 2021
    $500,000
    Location Intelligence
    Property ID
    US28-3520441
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 5919 Ogden Ave

    Year built
    1945
    Lot size
    1.00 lot acres
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    16-32-202-025
    APU
    1632202025

    Description

    This exceptional commercial property, located at 5919 W Ogden Avenue in Cicero, Illinois, presents a significant investment opportunity. The property encompasses a substantial 11,200 square foot brick warehouse situated on a one-acre lot. The building's layout is highly functional, featuring a 1,000 square foot office space conveniently located on the second floor, and a generous 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 industrial uses. A robust 2,400 AMP electrical system ensures ample power for demanding operations. The property's strategic corner location on Ogden Avenue benefits from high traffic volume, enhancing visibility and accessibility. Its suitability for truck repair and/or truck parking, combined with its redevelopment potential, makes this a versatile and attractive asset. The property's size and features make it suitable for a range of industrial and commercial uses. This is a confidential listing. Serious inquiries only.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $570,000

    • CAP approach

      CAP return
      Estimation
      6%
      $560,000
      6.5%
      $575,000
      7%
      $525,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $525,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $565,000
      Retail
      $585,000
      Mixed-Use
      $640,000
      Hospitality
      $595,000
      Educational
      $580,000
      Residential Income
      $595,000
      Energy
      $495,000
      Income-Based Land
      $680,000
      Food Service
      $580,000

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.772
    Latitude
    41.8341
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $69,660
    $108,900
    $50,600
    $159,500
    -
    $435,600
    $202,400
    $638,000

    Comparable in this City

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    • Value Estimation by Request
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      4838 Cermak Rd

      STORE, RETAIL OUTLET • 0.14 Acres
      4838 Cermak Rd, Cicero, IL 60804-2531
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    • Value Estimation by Request
      0.08 Acres

      5529 Cermak Rd, Unit 33

      STORE, RETAIL OUTLET • 0.08 Acres
      5529 Cermak Rd, Cicero, IL 60804-2218
      View Details
    • Value Estimation
      $415,000
      1.74 Acres

      3754 Cicero Ave

      STORE, RETAIL OUTLET • 1.74 Acres
      3754 Cicero Ave, Cicero, IL 60804
      View Details
    • Value Estimation
      $300,000
      4,000 SF

      1544 Cicero Ave

      STORE, RETAIL OUTLET • 4,000 SF
      1544 Cicero Ave, Cicero, IL 60804-1517
      View Details

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    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
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