$68.87 Per Sq Foot $4,026 est/mo Sourced by Back At You

14812 Cicero Avenue,Oak Forest, IL 60452

Oak Forest IL, 60452

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Description

SELLER FINANCING AVAILABLE! SVN proudly presents this amazing investment opportunity in Oak Forest along busy Cicero Ave. This three-unit fully occupied shopping center houses two historic tenants who are prominent in the area. Tenants have been at this location for many years, however, they entered short-term leases during Covid. C&M Awards only occupies half of 14814's front retail space. There is room for an additional tenant to share the space, or the new owner could lease the entire space for more than what is currently being collected. There is a small basement, laundry room, and one drive-in-door attached to the main retail building. Additionally, this sale will include a two-unit rental house which is located behind the retail building. Originally built as a home for the previous owner then converted into a rental when the current owner took over. Both buildings have been meticulously maintained and the retail building boasts a newer facade and regularly restriped parking lot. This property also includes a marquis sign for enhanced street visibility. There is ample parking in the front and the back of the building. Easy plug-and-play for the right investor, or potential live-where-you-work scenario. The taxes are currently being appealed. The building is in a TIF district.

Details

MLS#11909527
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusPending
Year1975
Days On Site224
Listing Provided BySperry Van Ness | Derek Gonsch

Features

SQ Feet10,888
Story(s)2
Units6

Market Activity 60452

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Listings Checked: 4 minutes ago
StateIL
CountyCook
CityOak Forest
Zip Code60452
AreaOak Forest
Listing VS Median (in 60452)
Price:
$749,900
low | high
Med:
$299,900
100% of Average
SqFt:
10,888
low | high
Med:
1,719
100% of Average
$ / SqFt:
$69
low | high
Med:
$174
100% of Average
On Site:
224
low | high
Med:
86.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 10:07:05 PM PDT