Property Listing No Longer Available for Sale

13801 S Cicero Ave, Crestwood, IL

Shopping Center for Sale - $2,400,000 - 13,325 Sq. Ft. on 1.53 acres


Property Info

CIMLS#1168224
Location
  13801 S Cicero Ave
  Crestwood IL 60445
UpdatedDecember 9th, 2024
TypeShopping Center
Price$2,400,000
Building13,325 Sq. Ft.
Land1.53 acres

Property Description

CRESTWOOD CENTER | 8.75% Cap | 100% Fully Leased Retail Center Opportunity | Crestwood (CHICAGO MSA)

• 13,325 SF 100% Fully Leased Multi-Tenant Retail Center Opportunity

• Positioned On Hard Corner of 138th St & Cicero Ave

• Outstanding Frontage, High Visibility, & Easy Access Site

• Situated on a Heavily Traveled Primary Retail Commercial Corridor Cicero Ave

• Robust Traffic Counts | 40,200+ VPD

• Long-Term Established Tenants in Place | E-Commerce Resistant Tenant Mix

• Extensive Capital Improvements Done to The Property Over the Past Few Years: New Façade Added to Retail Center & New Parking Lot

• Abundant Parking - Front, Side & Rear of Center

• Ideally Located in Densely Traveled Retail Thoroughfare Corridor Surrounded Near Numerous National & Regional Retailers

• Nearby Huge Traffic Generators: Menards, Walmart, McDonald's, Kohl’s, Target, Menards, Starbucks, Portillo’s, Raising Cane's, AMC Theaters, Aldi to Name a Few

• Densely Populated Area | 261,362 People Within a 5-Mile Radius of Property w/ an Average Annual Household Income in Excess of $119,374

• Within Proximity to I-294 Interchange (104,700 VPD) & I-57 Interchange (111,400 VPD)

• Priced Below Replacement Cost @ $180.11 PSF

• Priced at a True 8.75% Cap Rate


Financials