Date
Details
Price
Change
Source
8/04/2026
Listed
$1,345,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/26
$1,345,000
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Property 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 - over two (2) ground-floor 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 that reflect an all-in cost of $1,580,000. 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.
Full Property Details
Full Property Details for 2957 N Cicero Ave
General
- Price: $1,345,000
- HOA FEE: $2,200
- Taxes: $25,857 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12724119
- Updated: 8/10/2026
- Added to Site: 10 day(s) ago
Interior
- Basement: Unfinished
- Interior Features: Inside Corridor(s)
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Driving Directions: Corner of Cicero Ave (N/S) and Wellington Ave (one-way west)
- Location Details: Corner
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Radiators
Utilities
- Trash: 2400
- Onsite: Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Concrete, Storage Space
- Foundation: Brick/Mortar
- Roof: Rubber
- Stories/Levels: 2
- Square Feet: 8,200
- Year Built: 1927
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 9
- Units w/Range/Oven: 9
Lot Features
- Lot Size (Sq. Ft.): 6,111
- Lot Dimensions: 50 x 122
- Frontage: City Street, Alley Access
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- Maint. Fee: $2,200
- Insurance Fee: $6,800
- Operating Expenses: $66,607
- Other Fee: $5,862
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1927
- Tax Amount: $25,857
- Tax Year: 2025
- Tenant Pays: Electricity, Other
- Pays Electric: 1100
- Pays Trash: 2400
Disclosures and Reports
- Property ID: 13271150010000
Listed by Triton Realty Group LLC
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Listing agent
— 2957 N Cicero Ave —
Triton Realty Group LLC
NMLS#: 1598647
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Schools
Schools serving 2957 N Cicero Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Falconer Elementary School 3020 North Lamon Avenue, Chicago, IL 60641 | PK-6 | 0.2 mi |
Kelvyn Park High School 4343 West Wrightwood Avenue, Chicago, IL 60639 | 7-8 | 0.8 mi |
Foreman High School 3235 North Leclaire Avenue, Chicago, IL 60641 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2957 N Cicero Ave
Tax History
Tax History for 2957 N Cicero Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,960
—
$117,001
55%
2023
$15,960
25%
$75,641
22%
2022
$12,766
-18%
$62,066
-20%
2021
$15,592
11%
$77,536
23%
2020
$14,046
11%
$63,054
—
2019
$12,668
2%
$63,054
—
2018
$12,455
-1%
$63,054
8%
2017
$12,584
7%
$58,457
—
2016
$11,708
11%
$58,457
1%
2015
$10,564
-35%
$57,649
-34%
2014
$16,249
118%
$87,576
114%
2013
$7,441
-53%
$40,915
-53%
2012
$15,715
—
$87,576
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2957 N Cicero Ave
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 4Total Baths
- 2,100Sq. Ft.
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- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,269Sq. Ft.
- Single Family
- Active
- Updated 17 hours ago
- 4Beds
- 2Total Baths
- 1,824Sq. Ft.
- Condo
- Active
- Updated 17 hours ago
- 2Beds
- 1Total Bath
- 1,400Sq. Ft.
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- Multi-Family
- Closed
- 9Total Beds
Listed by Lourdes Hernandez and Elizabeth De La Paz
Sold by Dolores Raya
Sold by Dolores Raya
2957 N Cicero Avenue, Chicago, IL 60641 (MLS# 12724119) is a Commercial property. 2957 N Cicero Avenue is currently listed for $1,345,000 and was received on August 04, 2026. Want to learn more about 2957 N Cicero Avenue? Do you have questions about finding other Commercial real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.