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Chicago 60641 Cragin
2848 N Cicero Avenue
$899,000
Land - For Sale

2848 N Cicero Avenue

Chicago, IL 60641
bedrooms
Studio
bathrooms
0 Bath
$893,392
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Warehouse/light car care service building, offering about 8,800 Sq. ft. currently leased month-month, just had new roof sits on about 10,000, Sq ft. of 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 offers walking distance to public transportation with short distance to interstates, O'Hare Airport, and central location to everywhere. The adjacent south 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
230 days
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$3,095
HOA Dues
-
Year Built
1924
Listed By
Mark Ahmad
Mark Ahmad
CENTURY 21 Affiliated
Last updated: 8 months ago (MREDIL #11859980)

Price History

Date / Event Date Event Price
Sep 11, 2023 Listed by Coldwell Banker Leader Realty $899,000
Listed by Coldwell Banker Leader Realty
Aug 15, 2019 No longer available -
No longer available
Apr 3, 2019 Listed $725,000
Listed
One Story Brick Building with 9000 Sq. Ft with 78 Ft of Frontage along Cicero Ave. Can be sold with adjoining property to the South (2836 N. Cicero) for a combined land area of 23,000 Sq.ft and that would result in 185 Ft. of Frontage along Cicero Ave and a Corner property. Sold individually or as a package.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 780
  • Total Building Area: 8,800
  • Building Area: 8,800
  • Building Area Measurement: unknown

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: FALCONERS SECOND ADD TO CHICAGO
  • Land Acres: 0.224
  • 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 : KANG MUN HUI

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 190200

Zoning

  • Zoning: B1-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-28-227-033-0000
  • Block: 3
  • Lot: 4,5
  • Meridian: SEC 28 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9329
  • Longitude: -87.7471

    Address

  • Full Address: 2848 N Cicero Ave
  • Address - House Number: 2848
  • Street Direction: N
  • Address - Street Name: Cicero
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C034
  • 4-Digit Zip Code: 5129
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,982
  • Tax Rate Code Area: 71064

    Market Valuation

  • Market Total Value: $738,652
  • Market Land Value: $175,500
  • Market Improvement Value: $563,152

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,663
  • Assessed Land Value: $43,875
  • Assessed Improvements Value: $140,788

    Sales

  • Current Sale Contract Date: Aug 05, 2014
  • Current Sale Recording Date: Aug 21, 2014
  • Current Sale Transaction ID: 1092331692
  • Current Sale Price: $460,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 1423339036

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$859,000 Sep 11, 2023
-
$1,361/mo
Commercial
Loft
-
10,800 ft²
$69/ft²
$750,000 Aug 30, 2023
-
$3,048/mo
Multifamily
7 Beds
-
-
$899,000 Oct 30, 2023
-
$517/mo

About Northwest Side


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Frequently Asked Questions

When was property at 2848 North Cicero Avenue built and last sold?
The property at 2848 North Cicero Avenue was built in 1924 and last sold on Aug 5, 2014 for $460,000.
How much is this home worth?
The estimated value of the home located at 2848 North Cicero Avenue is $907,990.
What are some comparable homes to 2848 North Cicero Avenue?
Homes that are comparable to 2848 North Cicero Avenue include a land property at 2836 North Cicero Avenue, a commercial property at 5358 West Belmont Avenue, a multifamily property at 2412 North Kenton Avenue.

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