1234-1250 Cicero AveChicago, IL 60651

Property Details for 1234-1250 Cicero Ave

Property size (Sq ft)

6,200 SF

Property type

Other commercial real estate

Property subtype

Other specialty properties

Description

This exceptional commercial property, located at 1234-1250 N Cicero Avenue in Chicago, IL 60651, presents a unique investment opportunity. The property encompasses a 6,200 square foot building situated on a sizable 25,000 square foot lot. Currently vacant, the building features 16-foot high ceilings, office space, multiple bathrooms, an overhead garage door, and a loading dock accessible from Crystal Street. A fenced parking lot with curb access from Cicero Avenue provides ample parking. The property benefits from a highly desirable C1-1 zoning, allowing for multiple uses. Its prime location on busy IL 50/Cicero Avenue, at the corner of Cicero Avenue and Crystal Street, offers excellent visibility and accessibility. The site is conveniently located near major interstates, O'Hare Airport, and public transportation, providing easy access to the city and surrounding suburbs. While currently subject to some city violations, this property's strategic location and substantial size offer significant redevelopment potential. Neighboring major retailers and boasting a central location, this property is ideal for a variety of commercial ventures. The annual real estate tax for 2023 is $28,000. Asking price: $999,000.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9034

Longitude

-87.7461

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