801-811 S Cicero Avenue
Retail | 15,658 SqFt
Marketing description
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a vacant parcel of land located at 801-811 S Cicero Avenue in Chicago, Illinois (the “Property”). The Property is a vacant 15,658 square foot (0.36-acre) corner parcel of land and is zoned M1-2 Limited Manufacturing/Business Park District, one of the most versatile zoning designations in the city of Chicago. 801-811 S Cicero Avenue offers the opportunity to develop the Property or to as an investment opportunity or to use the Property as an owner-user opportunity.
The Property is well-located along S Cicero Avenue in Chicago’s Lawndale neighborhood, a high-density, inner-urban core neighborhood 6-miles west of Downtown Chicago. The transit-oriented site is conveniently located seconds from the Cicero “L” station on the CTA Blue Line (approximately 0.1-miles away). The high-demand for real estate with close proximity to “L” Stations and Interstate 290, make this a great opportunity for an investor seeking an owner-user or development site in Chicago.
Investment highlights
THE ASSET: The Property is a vacant 15,658 square foot (0.36-acre) corner parcel of land and is zoned M1-2 Limited Manufacturing/Business Park District, one of the most versatile zoning designations in the city of Chicago. The corner location offers 154 feet of frontage along S Cicero Avenue and 125 feet of frontage along Polk Street. The Property is currently used as an automotive dealership and is occupied by Alia Motors Inc (d/b/a Medina Car Sales).
DEVELOPMENT & VALUE ADD OPPORTUNITY: 801-811 S Cicero Avenue is in an attractive location with a strong consumer base. The Property is ideal for an owner-user, or as a development opportunity, taking advantage of the well-trafficked location. Additionally, the M1-2 Limited Manufacturing/Business Park District Zoning allows for a variety of permitted uses providing for a wider range of tenants. Please contact the agent for more details.
TRANSIT ORIENTED LOCATION: The Property is seconds (0.1-miles) from the Cicero “L” station on the CTA Blue line,1.2-miles from the Cicero “L” station on the CTA Green line, and 1.3-miles from the Cicero “L” station on the CTA Pink line. Additionally, the Cicero Metra Station with service on the BNSF line is just 1.9-miles away.
The Property is positioned along S Cicero Avenue (IL Route 50) and is 0.1-miles from Interstate 290.
The Property is convenient to the Municipal Bus Line with stops for Routes 54 & 392 directly in front of the Property along S Cicero Avenue.
HIGH-DEMAND URBAN LOCATION: The Property is located in Chicago’s Lawndale neighborhood approximately 6 miles west of Downtown Chicago. The Property is positioned along S Cicero Avenue and is located near industrial and light manufacturing Properties and is surrounded by densely populated residential neighborhoods.
The Property offers convenient access to national and local retailers and restaurants including Walmart Supercenter, Target, Sam’s Club, Menards, Home Depot, Aldi, Cermak Fresh Market, and Food 4 Less, all of which drive traffic to the area.
More than 30,500 vehicles pass by the Property each day at the intersection of S Cicero Avenue and W Polk Street.
EXCEPTIONAL DEMOGRAPHICS: More than 37,100 people live within a 1-mile radius of the Property with an average household income of $63,757. More than 396,900 people live within a 3-mile radius of the Property with an average household income of $86,296.
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