Property listing for 1301 South 47th Avenue, Cicero, IL 60804
For SaleIndustrial Warehouse

Contact for Pricing

1301 South 47th Avenue, Cicero, IL 60804

128,000 SF Masonry Warehouse on 9.65 Acres in Cicero

128,000 Sq Ft

Massive industrial site with multiple docks and direct highway access

128,000

Sq Ft

1944

Built

9.65 acres

Lot

none

Garage

About 1301 South 47th Avenue

This is not a small lot or a simple storage shed — 1301 South 47th Avenue is a full-scale industrial campus. A 128,000-square-foot masonry warehouse sits on a level 9.65-acre parcel with substantial frontage on South 47th Avenue, multiple access points and several loading docks that were designed to support heavy manufacturing and steady distribution throughput. Built in 1944 and currently owner-occupied by Royal Continental Box Company, the site combines durable mid-20th-century construction with the kind of raw footprint modern operators value: wide yard space, surface parking for vehicles and trucks, and direct connections to regional routes.

Inside the envelope you’ll find a large warehouse footprint with integrated office space and basic mechanical systems configured for industrial use — forced-air heating, a flat roof and two stories in portions of the building. The property has been used historically for packaging and manufacturing operations and includes the functional improvements buyers expect for continued production or conversion to a logistics hub. Condition is described as average; prospective buyers should plan for targeted modernization to align the facility with current code and efficiency standards.

Location is a practical advantage. The property sits roughly two miles from Interstate 55, three miles from Interstate 290 and about five miles from Chicago Midway International Airport, making it convenient for last-mile distribution and freight movement across the Chicago metropolitan area. The surrounding parcel mix is industrial and commercial with some nearby residential pockets — a setting that supports a range of permitted industrial uses under the Town of Cicero Industrial (I) zoning.

This asset presents multiple strategic opportunities: continuation as an owner-occupied manufacturing facility, re-tenanting to a logistics or regional distribution operator, or exploring partial redevelopment/subdivision given the expansive lot. Important next steps include environmental due diligence, verification of current tax obligations and a detailed physical inspection to scope modernization costs. For industrial users seeking a rare large-acreage site within the Chicago-Naperville-Elgin MSA, 1301 S. 47th Ave is a substantial, well-positioned property worth close examination.

Home Highlights

128,000 SF masonry warehouse9.65-acre lot with significant frontageMultiple loading docks and surface stagingOwner-occupied by Royal Continental Box CompanyIndustrial (I) zoning — manufacturing/distribution/warehousingClose proximity to I‑55, I‑290 and Midway AirportAmple on-site parking and multiple access pointsAssessed value (2023): $1,051,351

Property Features

Interior Features

  • 128,000 SF gross building area
  • Masonry construction
  • Office space integrated with warehouse
  • Forced-air heating
  • Two-story sections
  • Flat roof

Exterior & Lot

  • 9.65 acre lot (420,354 SF)
  • Significant frontage along South 47th Avenue
  • Multiple loading docks
  • Ample surface parking and trailer staging
  • Level topography
  • Multiple ingress/egress points

Location & Neighborhood

  • Cicero, Cook County (Chicago-Naperville-Elgin MSA)
  • Industrial (I) zoning — permits manufacturing, distribution, warehousing
  • Approximately 2 miles to I-55 and 3 miles to I-290
  • About 5 miles to Chicago Midway International Airport
  • Adjacent uses: industrial, commercial, residential

Walkability & Recreation

  • Walkability Rating: 30/100 — Car-Dependent
  • Immediate area is primarily industrial and commercial
  • City parks and recreation facilities available in nearby residential neighborhoods
  • Easy vehicle access to broader Chicago amenities and services

Neighborhood & Location

The property sits in a predominantly industrial corridor of Cicero with a practical mix of commercial and light residential blocks nearby. The neighborhood’s character is defined by manufacturing and distribution businesses that benefit from close highway access; Interstate 55 and I‑290 create efficient east-west and southwest connections, while Midway Airport is minutes away. Local services for workers and businesses cluster along major thoroughfares; residential amenities and city parks are available a short drive into adjacent neighborhoods and Chicago. The area supports companies seeking operational proximity to Chicago’s freight and logistics network.

Market Insights

Local market metrics for this specific industrial corridor are limited; comparable sale and lease data for the immediate Cicero property were not readily available in the research set. That said, fundamentals that typically drive industrial demand are present here: strong regional connectivity (I‑55, I‑290, and Midway Airport within a short drive) and proximity to Chicago’s broader logistics network. Without reliable local inventory or average days-on-market figures, the near-term market should be considered data-constrained — buyers and investors will need broker-supplied comps and a targeted marketing plan. For owner-operators, the scarcity of large contiguous acreage inside the metro area often supports steady interest, particularly for sites with multiple docks and surface staging. Sellers should expect a due-diligence heavy process (environmental reports, modernization scopes). Buyers should capitalize on the property’s transportation access and large lot size while accounting for potential capital expenditure to upgrade a 1944-era facility. In short: opportunity exists, but accurate valuation hinges on custom comps and thorough inspections.

Nearby Schools

Local schools (Cicero area)

Area · Varies

N/A

Walkability & Recreation

30
Walkability
35
Recreation

Limited on-site recreation; city parks and community recreation facilities are available in nearby residential neighborhoods and Chicago within a short drive.

Investment Highlights

  • Expansive 9.65-acre industrial property with 128,000 SF warehouse
  • Strategic location with proximity to major transportation routes
  • Owner-occupied by established packaging company
  • Zoned for a variety of industrial uses
  • Ample surface parking and multiple loading docks

Key Findings

  • Assessed value in 2023: $1,051,351 (Land: $423,783; Improvements: $627,568)
  • Constructed in 1944 with masonry construction
  • Located approximately 5 miles from Chicago Midway International Airport
  • Zoned Industrial (I) under Town of Cicero jurisdiction

Things to Consider

  • Specific tax information for 2023 not readily available
  • Limited market data for industrial properties in the immediate area
  • Potential need for modernization given the building's age

Opportunity Analysis

Substantial industrial facility with significant land area in a strategic location, suitable for manufacturing or distribution operations.

Potential Use Scenarios

  • Evaluate potential for modernization to meet current industrial standards
  • Assess suitability for logistics or distribution center given proximity to major transportation routes
  • Consider potential for subdivision or redevelopment given substantial land area

Risk Factors

  • Age of building may require significant capital investment for modernization
  • Limited market data may impact valuation and investment decisions
  • Potential environmental assessments required due to industrial use history

Buyers should conduct independent due diligence before making any purchase decisions.

Market & Area Data

Market Trends

Demographics

Industrial area with stable economic activity.

Nearby Points of Interest

  • Chicago Midway International Airport (5 miles)
  • Interstate 55 (2 miles)
  • Interstate 290 (3 miles)

Proximity to major transportation routes and industrial hubs.

School District

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1944
Constructionmasonry
Stories2
Roofflat
Heatingforced air
Coolingnone
Basementnone
FireplaceNo
Conditionaverage

Lot & Site

Lot Size9.65 acres (420,354 SF)
Topographylevel
Parkingsurface
FrontageSignificant frontage along South 47th Avenue

Utilities

Watermunicipal
Sewermunicipal
Electricavailable
Gasavailable

Zoning & Land Use

Zoning CodeI
DescriptionIndustrial
JurisdictionTown of Cicero

Allowed Uses

manufacturingdistributionwarehousing
Current Useindustrial
Assessor UseGeneral Industrial

Tax & Sale History

Tax Assessment

Total Assessed$1,051,351
Land$423,783
Improvements$627,568

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