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Chicago 60641 Cragin
2836 N Cicero Avenue
$859,000
Land - For Sale

2836 N Cicero Avenue

Chicago, IL 60641
bedrooms
Studio
bathrooms
0 Bath
$853,642
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Development site offering about 14,000, vacant land on busy IL 50/Cicero Ave. between Diversey St. and Belmont St. well and dense business corridor, surrounded by mixed use properties and different businesses. The site is a central location to everywhere with walking distance to public transportation, short distance to interstates, and O'Hare Airport. The adjacent north parcel is also for sale under MLS where both parcels combine a total of about 22,000 Sq. ft. of land with 8,800 Sq. ft. building.
Unit Size
-
Days on Market
231 days
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$1,361
HOA Dues
-
Year Built
1959
Listed By
Mark Ahmad
Mark Ahmad
CENTURY 21 Affiliated
Last updated: 8 months ago (MREDIL #11859872)

Price History

Date / Event Date Event Price
Sep 11, 2023 Listed by Coldwell Banker Leader Realty $859,000
Listed by Coldwell Banker Leader Realty
Sep 30, 2019 No longer available -
No longer available
Aug 15, 2019 No longer available -
No longer available
Jul 11, 2019 Listed $6,000
Listed
Sensational land site with existing 2 story mixed use building. The site measures out at 107 x 125 (13,375 Sq. Ft of Land Area) Repurpose the existing structure for multiple uses and benefit from prime location on two major streets with ample foot traffic. Zoning is B1-1 and has clean environmental.
Apr 3, 2019 Listed $725,000
Listed
Sensational land development site with existing 2 story mixed use building. The site measures out at 107 x 125 (13,375 Sq. Ft of Land Area) and can be purchased and combined with 2848 N. Cicero for an added 78 x 125 (9,750 2Sq. Ft of Land Are) making for an incredible 23,000 Sq. ft redevelopment opportunity! Repurpose the existing structure for multiple uses and develop land site or tear down and build on either site. Properties sold independently or as a package. Zoning is B1-1 and has…

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,391
  • Total Building Area: 9,800
  • Building Area: 9,800
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: FALCONERS SECOND ADD TO CHICAGO
  • Land Acres: 0.307
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: (FALCONERS)(SECOND) ADD TO (CHICAGO) A SUB OF SH NE SEC 28-40-13

Ownership

  • Current Owner : 2845 CICERO LLC
  • Previous Owner : FARD ABAS
  • Owner Before Previous Owner: ALBANY BANK & TRUST COMPANY NA

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 831700

Zoning

  • Zoning: B1-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-28-227-038-0000
  • Block: 3
  • Lot: 9,8
  • Meridian: SEC 28 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9326
  • Longitude: -87.747

    Address

  • Full Address: 2836 N Cicero Ave
  • Address - House Number: 2836
  • Street Direction: N
  • Address - Street Name: Cicero
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,288
  • Tax Rate Code Area: 71064

    Market Valuation

  • Market Total Value: $414,008
  • Market Land Value: $241,040
  • Market Improvement Value: $172,968

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,502
  • Assessed Land Value: $60,260
  • Assessed Improvements Value: $43,242

    Sales

  • Current Sale Contract Date: May 23, 2014
  • Current Sale Recording Date: Jun 13, 2014
  • Current Sale Transaction ID: 1176273856
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1416404044
  • Previous Sale Recording Date: Mar 26, 2002
  • Previous Sale Contract Date: Feb 20, 2002
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$899,000 Sep 11, 2023
-
$3,095/mo
Land
Loft
-
-
$999,000 Aug 31, 2023
-
$610/mo
Multifamily
7 Beds
-
-
$999,000 Jul 8, 2023
-
$316/mo
Multifamily
9 Beds
-
-
$689,900 Sep 10, 2023
-
$755/mo

About Northwest Side


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Frequently Asked Questions

When was property at 2836 North Cicero Avenue built and last sold?
The property at 2836 North Cicero Avenue was built in 1959 and last sold on May 23, 2014 for $370,000.
How much is this home worth?
The estimated value of the home located at 2836 North Cicero Avenue is $867,590.
What are some comparable homes to 2836 North Cicero Avenue?
Homes that are comparable to 2836 North Cicero Avenue include a land property at 2848 North Cicero Avenue, a multifamily property at 2412 North Kenton Avenue, 3100 North Leclaire Avenue.

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