2622 N Cicero Ave - Auto Dealership FOR SALE


Chicago, IL 60639- Cragin
$699,000 USD
773-931-8000
2622 N Cicero Ave, Chicago, IL for Sale
$699,000 USD
Auto Dealership - FOR SALE
1/6
null | 7.3% Cap Rate

Jan '28


2622 N Cicero Ave
Chicago, IL 60639
Cragin


HIGHLIGHTS

  • Stop light
  • Hard corner
  • Best Chicago location for used car sales

OVERVIEW

INVESTMENT OPPORTUNITY. There is a NNN lease for 3 years plus an option for another 3-year lease. LEGAL nonconforming used car sales usage is allowed due to the grandfather clause. This holds for the next owner as well. Key Features: - 90 Years of Legacy: Serving customers at this location with pride for a continuous 90 years. - Prime Location: Positioned on the vibrant north side of Chicago, it is the perfect spot for a used car dealership. - Easy Access: Benefit from the convenience of two street access aprons from Drummond Ave and 6 parking spaces behind the building from the alley. - Spacious Property: Featuring 6250 sq ft of total land, a well-maintained 1100 sq ft office building at its core, and a 350 sq ft garage. Nearby Businesses: Starbucks, McDonald's, Walgreens, Dunkin, KFC, Subway, Dollar Tree. - Inquire for More Information: Send a private message to learn more details and seize this incredible opportunity. 773-931-8000 in my cell number

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$635 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Convenience Store, Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

Grandfathered Car Sales

APN/PARCEL ID

13-28-415-026-0000,13-28-415-027-0000

ASK ABOUT THIS PROPERTY

Avi HorowitzAvi HorowitzMore Info
773-931-8000

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Avi HorowitzAvi HorowitzMore Info
773-931-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.