2541 North Cicero Avenue

Chicago, IL 60639

$850,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investors, Developers, Owner Operators... Incredible opportunity in a super hot location! This 2-story mixed-use building spanning 3 city lots features a large commercial office and over 3,600sq ft of garage space on the first floor, currently used as an auto body shop. Imagine all the possibilities with this space! The second floor includes a 2-bedroom, 1-bathroom apartment with in-unit laundry. The basement provides an additional 1,100 sq ft of storage. Situated on a prime corner lot, the property...Investors, Developers, Owner Operators... Incredible opportunity in a super hot location! This 2-story mixed-use building spanning 3 city lots features a large commercial office and over 3,600sq ft of garage space on the first floor, currently used as an auto body shop. Imagine all the possibilities with this space! The second floor includes a 2-bedroom, 1-bathroom apartment with in-unit laundry. The basement provides an additional 1,100 sq ft of storage. Situated on a prime corner lot, the property includes convenient and private alley access with plenty of extra parking. Highly visible and well-located, this property offers great potential for various businesses, a new mixed use development in a great neighborhood, or an auto body shop as it currently exists. (Business not part of the offering, but can be sold separately). Zoned B1-1. Similar building, 2539 N Cicero, across Deming, can be purchase separately or as a package with this offering.

Listing Agents

  1. Tim Lorimer

    Tim Lorimer

    Listing Agent

    Compass

    tim.lorimer@compass.com

    P: (630)-546-0254

  2. Diane Zavala

    Diane Zavala

    Alternative Listing Agent

    Compass

    diane.zavala@compass.com

    P: (773)-996-2346

Property Details for 2541 North Cicero Avenue

Area
CHI - Belmont Cragin
Zoning
OTHER
LISTING UPDATED: 08/17/2024 03:32 AM

Property Details for 2541 North Cicero Avenue

StatusActive
MLS #12067815
Days on Market161
Taxes$10,695 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1922
Lot Size0.21 AC / 9,022 SF
CountyCook County
Buyer's Agent Compensation2.5%

Building Information for 2541 North Cicero Avenue

Stories2Residences1Year Built1922Lot Size0.21 AC / 9,022 SF

Property Information for 2541 North Cicero Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 6-12 Spaces
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago Northwest
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Other
  • Flooring: Carpet, Concrete, Tile
  • # Of Washers: 1
  • Heat/Ventilation: Gas
  • # Of Refrigerators: 1
  • # Of Dryers: 1
  • # Of Dishwashers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 75X120.3
  • Lot Size Square Feet: 9022.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Smoke or Fire Protectors
  • Building Area Total: 8019
  • # Of Offices: 1
  • # Of Ranges: 1
  • # Of Stores: 1
  • Property Sub Type: Apts/Ofc/Store, Apts/Stores
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 34
Miscellaneous
  • Current Use: Commercial, Office
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 2541 North Cicero Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2541 North Cicero Avenue

Taxable ValueLand$22,500Additions$29,500Total$52,000
Tax Record2022$10,695 ($891 / month)
Home Facts
Baths5Total Finished SqFt6,907 SqFtAbove Grade Finished SqFt6,907 SqFtStories2Lot Size9,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1924CountyCOOKAPN13-27-312-018

Schools near 2541 North Cicero Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 9 to 12
Charter - PK to 8
Rating
School
Distance
Barry Elementary School
PublicPK to 6

Kelvyn Park High School
Public7 to 12

Schurz High School
Public9 to 12

CHRISTOPHER HOUSE CHRT ES
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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2541 North Cicero Avenue is a mixed use property for sale in Chicago, IL 60639. This property was listed for sale on June 11, 2024 by Compass, it's currently listed at $850,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Barry Elementary School, Kelvyn Park High School and Schurz High School. 2541 North Cicero Avenue is a 0-bed, 0-bath, mixed use property built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 08/17/2024 03:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.