Property summary
This exceptional investment opportunity presents a 2,975 square foot industrial property located at 1628 S Cicero Ave, Cicero, IL 60804, in Cook County. Built in 1954, this property is zoned M1, offering significant potential for a variety of uses. The asking price is $60,000. The property's size and zoning provide a versatile canvas for redevelopment or continued use as a manufacturing or warehouse space. Its location in Cicero, Illinois offers convenient access to major transportation routes, making it an attractive option for businesses needing efficient logistics. This property is being sold by the Cook County Land Bank Authority, presenting a unique chance for an investor or entrepreneur to acquire a property in a prime location at a competitive price. The existing structure provides a solid foundation for a range of projects, allowing for customization to meet specific business needs. This is a rare opportunity to acquire a property with significant upside potential in a desirable area. Serious inquiries are encouraged to explore the possibilities this property offers. The property's age presents an opportunity for renovation and modernization, allowing for the creation of a highly functional and updated space. The 2,975 square foot lot provides ample space for operations and potential expansion.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.