15345 Cicero Avenue, OAK FOREST IL 60452 Photo 1 15345 Cicero Avenue, OAK FOREST IL 60452 Photo 2 15345 Cicero Avenue, OAK FOREST IL 60452 Photo 3 15345 Cicero Avenue, OAK FOREST IL 60452 Photo 4 15345 Cicero Avenue, OAK FOREST IL 60452 Photo 5 15345 Cicero Avenue, OAK FOREST IL 60452 Photo 6
Listing Courtesy of R M Post Realtors

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15345 Cicero Avenue - Excellent investment opportunity to own this Fully Rented, 4-unit, one story 7,000+- sq ft Brick Commercial/Industrial building on busy Cicero Ave, with over 32,000 cars/day traffic. This includes the parking lot to the north of the property (85X285 ft lot). Gross income is $65,340, with taxes & insurance of $14,324. That leaves $51,016 to cover debt service. The capitalization rate is 17%. 2 rented storefront units (one 1100+- sq ft, and one is 2700+- sq ft) with two-year tenants. One is a State Farm office, the larger is a coin/collector's shop. In addition, one 1500+- pure storage unit and a second 1500+- sq ft space is leased to a heating/AC company. Also, there's a fenced-in yard for the industrial spaces and the rear of the building.

Listing information

  • MLS® ID: 09370491
  • Status: Active with Contingency
  • New Construction: No
  • County: Cook
  • Style: Retail / Hospitality / Service
  • Stories: 1
  • Foreclosure: No
  • Year Built: 1978
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $12,573

Features

Air Conditioning Central Air
Approximate Age 36-50 Years
Contingency Flag Attorney/Inspection
Electrical Service Circuit Breakers
Exterior Building Type Brick
Fire Protection Fire Extinguisher/s
Franchisor Feed(y/n) No
Frontage/Access Public Road
Geographic Locale South Suburban
Heat/Ventilation Forced Air, Gas
Information Show-Call Listing Office
Misc Inside Common Lunchroom/s
Other # Of Drive In Doors - 0, # Of TL Docks - 0, # Of Units - 4, Approx Total Bldg Sq Ft - 6943, Gross Rental Income $ - 5445, Net Oper Income $ - 51016, Net Operating Income Year - 2016, Tax Year - 2015, Total Annual Exp - 14324, Total Annual Income - 65340, Total Monthly Income - 5445, Township - Bremen, Zoning Type - Commr
Property Offered For Sale Only
Property Type Retail/Stores
Tenant Pays Electric, Heat, Other, Water/Sewer
Listing Courtesy of R M Post Realtors