2901 South 49th Avenue

Cicero, IL 60804

$435,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The subject property is located at 2901 South 49th Avenue, Cicero, IL 60804 (the "Property"). The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this investment/owner-user and possible development opportunity. This is an urban mixed-use (retail/residential) building located in The Town of Cicero one of the oldest and largest municipalities in the State of Illinois. The subject property is zoned RS-3 and situated in a mixed...The subject property is located at 2901 South 49th Avenue, Cicero, IL 60804 (the "Property"). The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this investment/owner-user and possible development opportunity. This is an urban mixed-use (retail/residential) building located in The Town of Cicero one of the oldest and largest municipalities in the State of Illinois. The subject property is zoned RS-3 and situated in a mixed commercial and residential city setting. It features a two-story building, 6,971 SF GLA, 8,784 SF or (0.20 AC) corner oversized site, and an open fenced parking lot with an approximate 10-car capacity. The first floor offers spacious retail space of approximately 3,000 SF currently vacant. The second floor includes 3 apartments, 2-two bedrooms and one bath and 1-one bedroom and one bath, all leased. The subject property presents the unique opportunity to acquire a stand-alone building in Cicero Illinois.
  1. Listed by Wesley Jonberg • Baird & Warner

Property Details for 2901 South 49th Avenue

Area
Cicero
Township
Cicero
Num of Interior Fireplaces
0
Zoning
COMMR
LISTING UPDATED: 08/27/2024 12:43 PM

Property Details for 2901 South 49th Avenue

StatusActive
MLS #11946653
Days on Market445
Taxes$12,945 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1957
Lot Size0.20 AC / 8,784 SF
CountyCook County

Building Information for 2901 South 49th Avenue

Stories2Residences4Year Built1957Lot Size0.20 AC / 8,784 SF

Property Information for 2901 South 49th Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago Southwest
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • # Of Washers: 0
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 0
  • Washer/Dryer Lsd: No
  • Misc Inside: Basement
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 48X182
  • Lot Size Square Feet: 8784.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick, Concrete
  • Fire Protection: Other
  • Building Area Total: 6971
  • # Of Offices: 0
  • # Of Ranges: 0
  • # Of Stores: 1
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Possible Use: Commercial, Condominium, Multi-Family, Retail
  • Buyer Financing: Conventional, Negotiable
  • Public Document Count: 0
  • Photos Count: 2
Miscellaneous
  • Current Use: Commercial
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $4,975.00
  • Gross Scheduled Income: $59,700.00
  • Insurance Expense: $.00
  • Total Monthly Income: 4975
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 2901 South 49th 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 2901 South 49th Avenue

Taxable ValueLand$8,125Additions$21,516Total$29,641
Tax Record2022$12,945 ($1,079 / month)
Home Facts
Baths4Total Finished SqFt6,971 SqFtAbove Grade Finished SqFt6,971 SqFtStories2Lot Size8,784 SqFtStyleMulti-Family Res (5+ Units)Year Built1956CountyCOOKAPN16-28-419-044

Schools near 2901 South 49th Avenue

This home is within J S Morton Hsd 201 School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 7 to 8
Public - 9
Public - 10 to 12
Rating
School
Distance
Woodbine Elementary School
PublicK to 2

Unity Jr High School
Public7 to 8

J Sterling Morton Freshman Center
Public9

J Sterling Morton East High School
Public10 to 12

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.

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2901 South 49th Avenue is a mixed use property for sale in Cicero, IL 60804. This property was listed for sale on January 8, 2024 by Baird & Warner, it's currently listed at $435,000. This listing's school districts are J S Morton Hsd 201 School District, Cicero School District 99. Nearby schools include Woodbine Elementary School, Unity Jr High School and J Sterling Morton Freshman Center. 2901 South 49th Avenue is a 0-bed, 0-bath, mixed use property built in 1957.

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.

Listing Courtesy of Baird & Warner

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 08/27/2024 12:43 PM. 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.