1501 N Cicero Ave - Auto Dealership FOR SALE


Chicago, IL 60651- West Humboldt Park
$525,000 USD
312-981-2384
1501 N Cicero Ave, Chicago, IL for Sale
$525,000 USD
Auto Dealership - FOR SALE
1/6
null | Request Cap Rate

1501 N Cicero Ave
Chicago, IL 60651
West Humboldt Park


HIGHLIGHTS

  • 130 feet of frontage on bustling Cicero Avenue
  • Heavy traffic along Cicero Ave. near North Avenue
  • M1-1 zoning provides protective zoning for wholesaling, warehousing, distribution, and manufacturing uses
  • Convenient location to Major corridors, Class I, II & III Truck Routes, and Public
  • VPD North Avenue 26,900 | VPD Cicero Avenue 32,000
  • Emerging Humboldt Park neighborhood

OVERVIEW

EXECUTIVE SUMMARY The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this user/investor opportunity located at 1501-1511 North Cicero Avenue, Chicago, IL 60651. The property is ideally situated on the east side of Cicero Avenue, just one block south of North Avenue in Chicago's Humboldt Park neighborhood - featuring a freestanding one-story building, ±3,936 SF GLA, ±16,250 SF (130 x 125) fenced lot. The property is currently leased as a car dealership/auto body shop - business not for sale, an existing tenant with a lease terminating in 12/2022. The subject property is zoned M1-1, located near multiple major box stores/national retailers, positioned in a mixed commercial/retail, and residential city setting. Perfect for development!

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$32 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1501 N Cicero Ave, Chicago, IL 60651-1619

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

undefined, Auto Repair, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,252 SF

ZONING

M1-1

APN/PARCEL ID

16-03-100-017-0000,16-03-100-018-0000,16-03-100-019-0000,16-03-100-020-0000

ASK ABOUT THIS PROPERTY

Wesley JonBergBaird & WarnerMore Info
312-981-2384

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Wesley JonBergBaird & WarnerMore Info
312-981-2384

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.