2622 Cicero AveChicago, IL 60639

For Lease
$111/SF/YR

Prime North Chicago location, $4250/month or $625,000

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial property presents a rare opportunity to acquire a well-established used car dealership on North Cicero Avenue in Chicago. Boasting a 90-year legacy at this location, the property benefits from a high-traffic corner lot with a stoplight and bus stop, ensuring excellent visibility and accessibility. The 6,250 square foot lot includes a 1,100 square foot, well-maintained office building and a 350 square foot garage. Convenient access is provided by two street access aprons from Drummond Avenue, plus six additional parking spaces accessible from the alley, totaling 30 parking spaces. The property is zoned for used car sales under a grandfather clause, ensuring this permitted use continues for the next owner. The single-tenant building is classified as Class B and was constructed in 2002. It features electric power but no elevators. This prime location is surrounded by numerous established businesses, including Starbucks, McDonald's, Walgreens, Dunkin', KFC, Subway, and Dollar Tree, creating a high-traffic area ideal for a thriving car dealership. The property is available for lease at $4250 per month or for purchase at $625,000. This is a unique opportunity to acquire a turn-key operation with a proven track record in a highly desirable location.

Highlights

  • Special Purpose property, Car Dealership, single-tenant occupancy.
  • 6,250 SF lot with a 1,100 SF building; 30 total parking spaces.
  • Class B building, constructed in 2002, one story.
  • Located on a high-traffic corner with excellent visibility; North Cicero Ave. and Drummond Ave. intersection.
  • Zoned for used car sales due to a grandfather clause; this non-conforming use transfers to the next owner.
  • Asking price: $625,000; Monthly rent: $4,250.

Property Details for 2622 Cicero Ave

Property type
Other specialty properties, Automotive properties
RSF (Rentable sq. ft)
1,100 SF
Class
B
Year Built
2002
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
6,250 SF
Rate per SF
$111

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9286582
Longitude
-87.7469994
2622 Cicero Ave, Chicago, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2622 Cicero Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message