2435 Cicero AveChicago, IL 60639

  • Commercial real estate
  • 500 SF
For Sale
$1,499,000 View listing

Property Details for 2435 Cicero Ave

Year built
1967
Lot size
0.07 AC
Property size (Sq ft)
500 SF
Property type
Commercial real estate
APN
13-27-320-019
APU
1327320019

Description

This exceptional 12,000 square foot property at 2435 N Cicero Ave, Chicago, IL 60639 presents a unique investment opportunity. Boasting a 90-year legacy of successful operation, this single-story building offers a prime location on Chicago's vibrant North side, perfectly suited for a used car dealership or similar enterprise. The property includes convenient access via two street aprons from Cicero Avenue, a third side street apron, and alley access, ensuring seamless vehicle flow. The site encompasses a well-maintained 750 square foot office building and a 550 square foot, two-car garage. The total land area is 12,000 square feet, providing ample space for operations. This single-unit property is offered for sale as a 1031 exchange opportunity. The property benefits from high foot traffic and proximity to numerous established businesses, including McDonald's, Walgreens, Dunkin', KFC, Subway, and Dollar Tree, all within a 900-foot radius. This is a rare chance to acquire a well-established property in a high-demand area. The asking price is $1,499,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $172,274
    Hospitality
    $157,802
    Educational
    $131,290
    Medical
    $135,805
    Retail
    $204,228

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9255
Longitude
-87.7461
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
$2,852
$13,500
$366
$13,866
-
$54,000
$1,464
$55,464

FAQs

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