USAILChicago2957 N Cicero Ave
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$995,000

For Sale

An hour ago

2957 N Cicero Ave, Chicago, IL

House

MLS® 12779940

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $25,857
Days Active 0
Lot Size 6111 SF
Approx. Age 1927
MLS® Number 12779940

Property Address: 2957 N Cicero Ave, Chicago, IL, 60641-5155

Average square foot calculated using Size range provided by listing agent.

Description

Value-add 11-unit corner building in Belmont Cragin. Built in 1927, this 8, 200 SF masonry brick asset features nine (9) upper-level apartments - four (4) studios, one (1) one-bedroom and four (4) two-bedrooms, on the ground floor there are two (2) storefronts totaling 3, 000 SF, both currently vacant. Corner position on a high-traffic, high-visibility stretch of Cicero Ave at Wellington. In-place residential income today with significant value-add opportunity through cosmetic unit renovation and build-out/lease-up of the retail space. Estimated renovation budget of $235, 000 to achieve the pro forma rents reflected ($15k/Apartment Unit, $100K budget to vanilla box the two commercial units). CAP/GRM are based on the pro forma estimates, including the renovation budget. Units are separately metered. Offering memorandum includes the current rent roll. Pro forma projections are estimates and are not guaranteed. CTA bus service on Cicero Ave with I- 90/94 access to downtown and O'Hare.
MLS® Number12779940
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1927
BasementUnfinished
Driveway
Garage Spaces
Heat
A/CWindow Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 8, 2026List Date
$995,000List Price
-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2026List Date
$995,000List Price
  • Commute

Commute

Starting Address
Destination Address
2957 N Cicero Ave, Chicago, IL

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