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Property profile & analytics

2622 Cicero Ave Chicago, IL 60639-1767

  • Retail space
  • 600 SF
  • 0.07 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-2211205
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

  • Alpha Motors / Car Dealership

Property Details for 2622 Cicero Ave

Year built
1978
Lot size
0.07 lot acres
Property size
600 SF
Property type
Retail space
APN
13-28-415-027
APU
1328415027

Description

This exceptional commercial property presents a rare opportunity to acquire a well-established used car dealership on North Cicero Avenue in Chicago. Boasting a 90-year legacy at this location, the property benefits from a high-traffic corner lot with a stoplight and bus stop, ensuring excellent visibility and accessibility. The 6,250 square foot lot includes a 1,100 square foot, well-maintained office building and a 350 square foot garage. Convenient access is provided by two street access aprons from Drummond Avenue, plus six additional parking spaces accessible from the alley, totaling 30 parking spaces. The property is zoned for used car sales under a grandfather clause, ensuring this permitted use continues for the next owner. The single-tenant building is classified as Class B and was constructed in 2002. It features electric power but no elevators. This prime location is surrounded by numerous established businesses, including Starbucks, McDonald's, Walgreens, Dunkin', KFC, Subway, and Dollar Tree, creating a high-traffic area ideal for a thriving car dealership. The property is available for lease at $4250 per month or for purchase at $625,000. This is a unique opportunity to acquire a turn-key operation with a proven track record in a highly desirable location.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7469
Latitude
41.9286
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
$4,871
$13,392
$10,292
$23,684
-
$53,568
$41,168
$94,736
More about this property
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