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 | |
| Updated | December 9th, 2024 |
| Type | Shopping Center |
| Price | $2,400,000 |
| Building | 13,325 Sq. Ft. |
| Land | 1.53 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
