For Lease
$12.24-$21.96 /SF/YR

633 Cicero Ave Chicago, IL 60644

Chicago Mixed-Use Investment Opportunity

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional mixed-use property at 633 N Cicero Avenue in Chicago, Illinois, presents a compelling investment opportunity. The 12,500-square-foot building, constructed in 1910 and renovated in 2002, boasts a prime location and a versatile layout. Currently configured as a multi-tenant property, it features seven suites, including two residential apartments and two retail spaces currently available. The building sits on a 0.3-acre lot and is classified as Class C. With a total of two parking spaces, the property offers convenience for tenants and customers. The zoning is designated as mixed-use, allowing for a variety of potential uses and maximizing investment potential. There is currently 2,650 square feet of vacant space available, providing immediate income generation opportunities for a new owner. The two-story building offers flexibility for various business types and residential needs. The property's address is 633 N Cicero Ave, Chicago, IL 60644. This is a rare chance to acquire a well-located, established property in a thriving Chicago neighborhood. The minimum divisible space is 0 square feet, allowing for flexibility in leasing arrangements. This property is an ideal investment for those seeking a blend of residential and commercial income streams.

Highlights

  • 12,500 SF mixed-use building on a 0.3-acre lot in Chicago, IL.
  • Built in 1910, renovated in 2002; Class C construction.
  • Seven suites total: two residential apartments and two retail spaces currently available for lease.
  • 2,650 SF of vacant space.
  • Two parking spaces.
  • Mixed-use zoning.

Property Details for 633 Cicero Ave

Property type
Retail properties
RSF (Rentable sq. ft)
12,500 SF
Class
C
Year Built/Renovated
1910/2002
Buildings
1
Stories
2

Unit(s) available at that property

Space
Apt 2R
Size
1,450 SF
Rate per SF
$12.36
Space
Apt 1R
Size
1,450 SF
Rate per SF
$12.36
Space
suite 1F
Size
1,200 SF
Rate per SF
$21.96
Space
2F
Size
3,125 SF
Rate per SF
$12.24

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8924276
Longitude
-87.745397

FAQs

What type of property is this?
Retail property - Chicago Mixed-Use Investment Opportunity
Where is the retail property located?
The property is located at 633 Cicero Ave Chicago, IL.
What is the lease rate?
The lease rate is $12.24-$21.96 /SF/YR.
What are key features of this property?
This property features: 12,500 SF mixed-use building on a 0.3-acre lot in Chicago, IL.; Built in 1910, renovated in 2002; Class C construction.; Seven suites total: two residential apartments and two retail spaces currently available for lease.
How can I contact the broker?
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633 Cicero Ave
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