3051-3053 N Cicero Ave - Warehouse FOR SALE


Chicago, IL 60641- Belmont Gardens
$565,000 USD
312-338-3003
3051-3053 N Cicero Ave, Chicago, IL for Sale
$565,000 USD
Warehouse - FOR SALE
1/5
null | Request Cap Rate

3051-3053 N Cicero Ave
Chicago, IL 60641
Belmont Gardens


HIGHLIGHTS

  • This fully rehabbed industrial space provides an ideal solution for use as an auto storage or private entertainment space.
  • An ideal location in Chicago’s Northwest car dealer business district positions businesses with access to strong potential synergies.
  • The building is highly visible from Cicero Ave, providing daily brand exposure to more than 29,000 passing vehicles.
  • Tenants and clients can enjoy easy access to nearby retail amenities, including Walmart Supercenter, Walgreens, Aldi, Dunkin’, AutoZone, and more.
  • The property was recently upgraded with a new roof, new flooring, updated bathrooms, and is equipped with 11-15’ ceilings and a drive-in door.

OVERVIEW

Millennium Properties Real Estate is proud to exclusively present for sale 3051-3053 N Cicero Avenue, a fully rehabbed auto storage or private entertainment space in Chicago’s Northwest car dealer business district. The bow truss constructed building features 6,000 square feet of versatile space with 11-15’ ceilings, an overhead drive-in door, and a 200amp power supply. Recently upgrades to the building include a new roof, new flooring, and updated bathrooms. Sitting two blocks south of the intersection of Cicero, Belmont, and Diversey Avenues, the property is easily accessible and sees exceptional brand exposure to more than 29,000 daily vehicles. The building is ideally positioned near national retail brands, including Walmart Supercenter, Walgreens, Aldi, Dunkin’, AutoZone, Menard’s, Family Dollar, and more. Clients and employees will easily find the property, which is just 10 minutes off Interstate 90. The Belmont Cragin community has benefited from steady growth in population and renewed investment. Local businesses enjoy a strong residential consumer base, great public transportation, and quick access to the Expressway.

FOR SALE DETAILS

PRICE

$565,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3051-3 N Cicrero Ave, Chicago

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15

LAND SF

6,534

ZONING

B1-1

APN/PARCEL ID

13-27-108-003-0000,13-27-108-004-0000

ASK ABOUT THIS PROPERTY

Daniel HymanMillennium Properties R/E, Inc.More Info
312-338-3003

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Daniel HymanMillennium Properties R/E, Inc.More Info
312-338-3003

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