1617 Laramie Ave Cicero, IL 60804-1943
Property profile & analytics
1617 Laramie Ave Cicero, IL 60804-1943
- Retail space
- 0.06 lot acres
Property ID
US28-5675732
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 1617 Laramie Ave
- Year built
- 1925
- Lot size
- 0.06 lot acres
- Property type
- Retail space
- APN
- 16-21-400-045
- APU
- 1621400045
Description
This 2,000 square foot warehouse, located at 1617 S Laramie Ave in Cicero, Illinois, presents a compelling investment opportunity. Built in 1925, the property sits on a 2,685 square foot lot and is zoned M`, offering versatile usage potential. The asking price is $60,000, translating to $30 per square foot. Its strategic location offers significant advantages. The property enjoys high visibility due to its proximity to a major transportation artery with an estimated 13,816 vehicles passing daily in 2023. Furthermore, its advantageous position directly across from Cicero Public Works and less than a block from an Amazon distribution hub ensures excellent access to infrastructure and a robust commercial environment. This presents a unique chance for an investor or business owner to acquire a well-situated warehouse in a thriving area of Cook County. The property's age offers potential for renovation and customization to suit specific business needs, maximizing its return on investment. This offering is being sold by the Cook County Land Bank Authority. Serious inquiries are encouraged to explore this exceptional opportunity.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cicero
- County
- Cook
- State
- Illinois
- Longitude
- -87.7539
- Latitude
- 41.8578
- 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
$12,401
$10,068
$18,326
$28,394
-
$40,272
$73,304
$113,576
