Value-Add Opportunity at North and Cicero
No Longer Available For Sale
4759 W. North Ave
Chicago, IL 60639
10,402 SF
Mixed-Use
The Details
- 10,402 SF mixed-use building
- Divided into apartments and retail
- 665 to 2,030 SF available for lease
- Mix of 1, 2 and 3 bed apartments
- Potential billboard signage
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Scheduled NOI: $72,131
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Pro Forma NOI: $158,440
- Potential to add value
- Land Area: 8,906 SF
- Traffic Count: 29,600 cars on North, 28,200 cars on Cicero
- Zoning: C1-1
- Part of North/Cicero TIF, expires 2020
- Taxes (2013): $8,013
Highly visible, this 10,402 square foot mixed-use building is located at the corner of North and Cicero. The property features a 3 bed apartment, three 2 bed units and two 1 bed units that are individually metered. With up to 2,030 square feet of storefront space available, this property offers new ownership the opportunity to add value through leasing or redevelopment.
Located at North and Cicero, this property is located within a strong retail corridor on the west side of Chicago. A wide variety of local and national retailers have stores nearby including Walmart and Walgreens.