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1501 N Cicero Ave
Chicago, IL 60651
1501 N Cicero Ave, Chicago, IL 60651-1619 · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 130 feet of frontage on bustling Cicero Avenue
- M1-1 zoning provides protective zoning for wholesaling, warehousing, distribution, and manufacturing uses
- VPD North Avenue 26,900 | VPD Cicero Avenue 32,000
- Heavy traffic along Cicero Ave. near North Avenue
- Convenient location to Major corridors, Class I, II & III Truck Routes, and Public
- Emerging Humboldt Park neighborhood
EXECUTIVE SUMMARY
EXECUTIVE SUMMARY
The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this user/investor opportunity located at 1501-1511 North Cicero Avenue, Chicago, IL 60651. The property is ideally situated on the east side of Cicero Avenue, just one block south of North Avenue in Chicago's Humboldt Park neighborhood - featuring a freestanding one-story building, ±3,936 SF GLA, ±16,250 SF (130 x 125) fenced lot. The property is currently leased as a car dealership/auto body shop - business not for sale, an existing tenant with a lease terminating in 12/2022. The subject property is zoned M1-1, located near multiple major box stores/national retailers, positioned in a mixed commercial/retail, and residential city setting. Perfect for development!
The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this user/investor opportunity located at 1501-1511 North Cicero Avenue, Chicago, IL 60651. The property is ideally situated on the east side of Cicero Avenue, just one block south of North Avenue in Chicago's Humboldt Park neighborhood - featuring a freestanding one-story building, ±3,936 SF GLA, ±16,250 SF (130 x 125) fenced lot. The property is currently leased as a car dealership/auto body shop - business not for sale, an existing tenant with a lease terminating in 12/2022. The subject property is zoned M1-1, located near multiple major box stores/national retailers, positioned in a mixed commercial/retail, and residential city setting. Perfect for development!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
16,250 SF
Building Class
C
Year Built
1996
Price
$732,858 CAD
Price Per SF
$45.10 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
1.00
Lot Size
0.37 AC
Zoning
M1-1 - M1-1 "M", Manufacturing - Limited Manufacturing/Business Park District. The primary purpose of the M1, Limited Manufacturing/Business Park district i
Frontage
AMENITIES
- Corner Lot
- Fenced Lot
- Security System
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $131,519 CAD | |
| Land Assessment | $72,019 CAD | Total Assessment | $203,538 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$72,019 CAD
Improvements Assessment
$131,519 CAD
Total Assessment
$203,538 CAD
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