Property profile

5919 W Ogden Ave Cicero, IL 60804

FOR SALE
Retail space
Property ID
US28-3520441
1 ac lot Built 1945
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 5919 W Ogden Avenue in Cicero, Illinois, presents a significant investment opportunity. The property encompasses a substantial 11,200 square foot brick warehouse situated on a one-acre lot. The building's layout is highly functional, featuring a 1,000 square foot office space conveniently located on the second floor, and a generous 9,500 square feet of manufacturing space on the ground floor. The warehouse is equipped with essential utilities including airline and water lines, as well as floor drains, catering to a variety of industrial uses. A robust 2,400 AMP electrical system ensures ample power for demanding operations. The property's strategic corner location on Ogden Avenue benefits from high traffic volume, enhancing visibility and accessibility. Its suitability for truck repair and/or truck parking, combined with its redevelopment potential, makes this a versatile and attractive asset. The property's size and features make it suitable for a range of industrial and commercial uses. This is a confidential listing. Serious inquiries only.

Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1945
Lot 1 ac (43,560 SF)
APN 16-32-202-025
UPID US28-3520441

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Car Dealership
  • Travel Agency Tour Operator

Location

5919 W Ogden Ave Cicero, IL 60804
Cicero metro Census 814500 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$570k

Owner & transaction history

since 2021
Last sale
$500,000
6 recorded transactions
2021
$500,000
2008
$600,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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