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$ 2,820,000
Est. payment | /mo
10,451 SqFt
$ 2,820,000
Est. payment | /mo
10,451 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 10,451 sqft
Price per Sqft $269
MLS Listing ID 12646271
Year Built 1995
Annual Tax Amount $71,913
Tax Year 2025
Lot Dimensions 209X125
Property Sub-Type Retail/Stores
Property Description
CAP 8.5!!!! Rare opportunity to acquire a fully stabilized neighborhood shopping center in one of Chicagoland's most densely populated retail corridors. Strategically located just three blocks south of I-290 in the heart of Cicero's Island neighborhood, this asset serves as a primary shopping destination with excellent visibility and accessibility. The property is fully occupied with a strong WALT of approximately 6 years as of June 1, 2026, offering immediate and predictable cash flow. Recent capital improvements include a new roof, new parking lot, and approximately half of HVAC units replaced, creating a truly low-maintenance investment opportunity. Benefiting from over 19,500 vehicles per day and a consumer base of more than 350,000 residents within a 3-mile radius, this asset combines stable in-place income, strong demographics, and long-term location fundamentals in a proven infill retail market.
Location
State IL
County Cook
Area Cicero
Zoning COMMR
Interior
Cooling Central Individual
Fireplace N
Building
Dwelling Type Retail/Stores
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sang Han of Platinum Partners Realtors
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