Property summary
This exceptional income-producing office building, located at 10220 S Cicero Ave in Oak Lawn, Illinois, presents a compelling investment opportunity. The property boasts a total of 4,500 square feet of office space, strategically situated on a sizable 18,000 square foot lot. The well-maintained two-story structure features two 1,100 square foot units on each floor, offering flexibility for various business needs. The building's attractive features include handsome exposed brick interior walls in the foyer and offices, enhancing its aesthetic appeal. A full/partially improved basement provides additional storage or expansion potential. Currently, the building enjoys a 3/4 occupancy rate with long-term tenants, ensuring a stable income stream. Its prime corner location at 102nd and Cicero benefits from high visibility and exceptional daily traffic exceeding 100,000 vehicles along Cicero Avenue. This property is ideal for both investors seeking a strong return and owner-operators looking for a well-established location. The asking price is $564,900. Oak Lawn's reputation as a thriving business community further enhances the investment potential of this property. Ample on-site parking adds to its convenience and appeal.
Property profile
VerifiedCap rate & NOI
Current use
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Home Health Care Service
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Dental Office
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Dental Office
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Construction Company General Contractor
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Home Health Care Service Child Health Care Centre
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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