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5241 S Cicero Avenue, Chicago, IL 60632
$1,200,000
5241 S Cicero Avenue, Chicago, IL 60632View this property at 5241 S Cicero Avenue, Chicago, IL 60632
5241 S Cicero AvenueChicagoIL60632
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Property Description
Introducing a prime opportunity right on Cicero Avenue, just south of 52nd street near Midway in Chicago, Illinois. This medical office building is strategically located near Midway Airport and offers easy access to major expressways. Situated on Cicero Avenue with 100' frontage for high visibility and exposure to an estimated 61,904 vehicles per day. There are two adjacent buildings with separate entryways on 10,900 square feet lot. The one story building to the north is approximately 2,333 square feet with a reception area, 2 large open rooms, one treatment room, 2 restrooms, kitchenette and storage. The building to the south is a two-story building with approximately 5,000 square feet with multiple egresses, main level medical office of approximately 2,576 square feet and the 2nd level space of about 1,500 square feet. The main level medical office has a current buildout with a reception/waiting area, nurses station, 8 treatment rooms, 2 restrooms, and a lab area. The 2nd level space is mostly open with 2 treatment rooms, restroom and lab area. There are 20 surface parking spaces. The building has a brand new hot water heater and roof. The building's exterior showcases a modern design that is visually appealing, illuminated with exterior lights. Its proximity to Midway Airport and expressways makes it easily accessible from all directions, making it a convenient destination. Please do not disturb the business.
Full Property Details
Full Property Details for 5241 S Cicero Ave
General
- Price: $1,200,000
- Taxes: $3,045,066 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11916984
- Updated: 12/23/2023
- Added to Site: 192 day(s) ago
Interior
- Interior Features: Common Lunchroom(s), Accessible Entrance
- Flooring: Carpet
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: CHI - Garfield Ridge
- County: Cook
- Driving Directions: north/south on Cicero to property; just south of Archer.
- Location Details: Chicago Southwest
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Concrete
- Foundation: Concrete Perimeter
- Sub-Flooring: Carpet
- Stories/Levels: 2
- Square Feet: 6,500
- Current Bldg. Use: Commercial, Office
- Year Built: 1987
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 10,900
- Lot Dimensions: 100 x 109
- Frontage: City Street, US Highway
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $36,450
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1987
- Tax Amount: $3,045,066
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Scavenger, Sewer, Varies by Tenant
Disclosures and Reports
- Property ID: 19103100160000
Listed by Century 21 S.G.R., Inc.
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Schools
Schools serving 5241 S Cicero Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5134 S Lotus Ave, Chicago, IL 60638 | PK-8 | 0.9 mi | |
6325 W 56th St, Chicago, IL 60638 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5241 S Cicero Ave
Date
Details
Price
Change
Source
12/17/2023
Price Reduced
$1,200,000
-33.33%
MLS
10/25/2023
Listed
$1,800,000
125%
MLS
6/30/2014
Sold
$800,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5241 S Cicero Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$8,081
2%
$39,291
—
2021
$7,901
-39%
$39,291
-32%
2020
$12,891
11%
$57,869
—
2019
$11,627
2%
$57,869
—
2018
$11,431
17%
$57,869
27%
2017
$9,811
7%
$45,576
—
2016
$9,128
9%
$45,576
—
2015
$8,352
27%
$45,576
29%
2014
$6,580
-18%
$35,462
-19%
2013
$7,978
1%
$43,864
—
2012
$7,871
—
$43,864
—
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 5241 S Cicero Ave
5241 S Cicero Avenue, Chicago, IL 60632 (MLS# 11916984) is a Commercial property. 5241 S Cicero Avenue is currently listed for $1,200,000 and was received on October 25, 2023. Want to learn more about 5241 S Cicero Avenue? Do you have questions about finding other Commercial real estate for sale in Garfield Ridge? You can browse all Garfield Ridge real estate or contact a Coldwell Banker agent to request more information.