15417 Cicero Avenue, Oak Forest, IL 60452

  • $675,000
  • $675,000
15417 Cicero Avenue, Oak Forest, IL 60452
  • Commercial Sale
  • Property Type
  • 1962
  • Year Built
For Sale
15417 Cicero Avenue, Oak Forest, IL 60452
  • $675,000
  • $675,000

Overview

Property ID: 23613041
  • Commercial Sale
  • Property Type
  • 1962
  • Year Built

Description

SVN proudly presents this excellent investment opportunity in business-friendly Oak Forest! This solid brick building has been cared for the past 20 years by ownership, the plaza is self managed, and they rarely raised rents. This property sits nicely on busy Cicero Ave, and has a large sign with great visibility on the main road. There are 21 parking spots, plus 1 disabled spot, and an unpaved lot in the rear to add more parking to the building. The lot is resealed every other year, and the roof has been cared for as needed, approximately 10 years old. TAKE ADVANTAGE of the far below market rents, raise them at your discretion, and reap the rewards! Many of these tenants have been at the center for years, and the landlords rarely (if ever) raised the rents. The center has a good mix of amenity and destination tenants loved by the community. Tenants are responsible for their own gas and electric bills (separately metered). Motivated sellers are ready to retire. This will be an awesome addition to any investors portfolio, do not pass up!

  • Address 15417 Cicero Avenue
  • City Oak Forest
  • State/county IL
  • Zip/Postal Code 60452
  • Country United States

Details

Updated on August 20, 2024 at 4:55 pm
  • Property ID: 23613041
  • Price: $675,000
  • Year Built: 1962
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 8500
  • MLS#: MRD12112476
  • Office Name: SPERRY VAN NESS
  • Agent Name: Derek Gonsch
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD18283
  • List Agent MLSID: MRD1013644
  • List Date: 2024-07-16T16:58:09.000Z
  • Cooling: Central Individual
  • Tax Annual: 36899
  • Tax Year: 2023
  • County: Cook
  • Property SubType: Neighborhood Storefront,Shopping Center,Strip Center

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