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    FOR SALE
    Industrial properties

    1626 S Cicero Ave, Cicero, IL 60804

    0.07 ac lot Built 1954
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US28-3137557
    Property summary
    AI-generated overview

    This exceptional commercial property located at 1626 S Cicero Avenue in Cicero, Illinois, presents a unique turnkey business opportunity. The 3,000 square foot brick building sits on a lot and is currently configured as a fully operational woodworking shop. The business specializes in custom-made cabinets, doors, and various wood decorations. This is a rare chance to acquire an established business with all equipment included in the asking price of $530,000. The sale includes the building, land, and over $200,000 worth of heavy-duty woodworking equipment, already installed and ready for immediate production. The existing setup offers a significant advantage for a buyer looking to enter the woodworking industry or expand their existing operations. The property's prime location in Cicero provides easy access to transportation routes and a strong local market. This is a truly exceptional opportunity for an entrepreneur seeking a profitable and established business with significant existing assets. The building's solid brick construction ensures durability and longevity, while the included equipment represents a substantial investment already made. This turnkey operation minimizes the start-up costs and time required to begin generating revenue. Serious inquiries are encouraged to explore this exceptional business opportunity further.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1954
    Lot 0.07 ac (2,975 SF)
    APN 16-21-407-033
    UPID US28-3137557
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Chicago Millworks Cabinet LLC · 2 yrs held
    Chicago Millworks Cabinet LLC
    since 2023
    Last sale
    $190,000
    7 recorded transactions
    2023
    $190,000
    2019
    2012
    $37,500
    2012
    2001
    $105,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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