15345 Cicero Avenue

Oak Forest, Illinois 60452

Robert Blaszkiewicz

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Square Footage

Property Type
Office / Tech
Oak Forest

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
Taxes: $12,573

Listing Office: R M Post Realtors

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Oak Forest

Oak Forest is part of the Southwest Suburbs. The southwest suburbs encompass many vibrant suburban communities that continue to attract residents who enjoy affordable housing and close proximity to the city of Chicago. Housing throughout the southwest suburbs consists of…

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Nearby Public Transportation

Rock Island District

at Oak Forest Metra (0.60 miles away)

15345 Cicero Avenue Oak Forest, Illinois 60452 is a office / tech property, which sold for $289,900. Want to learn more about 15345 Cicero Avenue Oak Forest, Illinois 60452? Contact an @properties agent to request more info.

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