1347 Laramie Ave, Cicero, IL 60804-1355
This exceptional commercial property at 1347 S Laramie Avenue in Cicero, IL, presents a unique investment opportunity. Boasting approximately 11,000 square feet of versatile space, this brick building is strategically located on a prominent corner directly across from a major Amazon warehouse, ensuring high visibility and accessibility. The main building features a welcoming reception area, a private office, an open-concept workspace, and a convenient kitchen. A substantial side warehouse offers ample room for operations, including two bathrooms and multiple storage areas. The property also includes several parking spaces equipped with electrical hookups for diesel trucks, a valuable asset during colder months. The 3,000 square foot main building, combined with the warehouse space, creates a highly functional layout suitable for a wide range of businesses. Potential uses include, but are not limited to: manufacturing, distribution, automotive repair, wholesale operations, storage and fulfillment, light industrial activities, construction equipment storage, food processing or packaging, artisan workshops, and specialized trade services. This high-demand location offers unparalleled exposure to a significant volume of daily traffic, making it an exceptional choice for businesses seeking a thriving and easily accessible location. The asking price is $1,050,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.