15345 Cicero Avenue

OAK FOREST, Illinois 60452
Closed / MLS #9370499 / Office / Tech / Oak Forest
Listing information updated 12/20/2016 at 1:47am
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.

Full Features

Built:
1978
Parking Spaces:
20
Cooling System:
Central Air
Stories:
1
Zoning:
COMMR
Building Square Feet:
6,943
Current Net Income:
$51,016

Taxes & Assessments

Tax Amount:
$12,573
Tax Year:
N/A

Location

Zip Code:
60452
City:
Oak Forest
County:
Cook

Listing Office: R M Post Realtors

Listing Office Phone: 708.429.5300

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/20/2016 at 1:47am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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15345 Cicero Avenue is a office / tech which sold for $289,900. This office / tech has been listed on @properties since October 19th, 2016 and was built in 1978. The nearest transit stops include Oak Forest Metra Metra Rock Island District line.