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    12147 S Cicero Ave Alsip, IL 60803

    For Sale
    Contact for pricing

    Highly visible 2.8-acre corner development property in a transit-oriented location.

    Lot size:
    2.80 Acres

    Property Features for 12147 S Cicero Ave

    General Information

    Lot size
    2.80 Acres

    Source: Brookline Real Estate Agent Bill Lundy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Alsip Corner Development Opportunity

    This 2.8-acre development property is positioned on a hard corner in Alsip, Illinois, offering high visibility in a transit-oriented location. Situated at the intersection of Cicero Avenue and 122nd Street, the site benefits from its location within a major retail corridor, surrounded by The Home Depot, Dunkin, and BP, as well as residential neighborhoods. The property is located two blocks from I-294 access and has PACE bus service at the adjacent corner. Other retailers on Cicero Avenue include Jimmy John’s, White Castle, O’Reilly Auto Parts, Dollar Tree, Shell, and Subway. The parcel, which is mostly grass, currently has two small structures and a small parking lot. The B-1 zoning allows for most commercial uses. Traffic counts are at 43,500.
    Insight Report Location Intelligence

    Current Use by Public Records

    New Zion Ministries Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alsip
    County
    Cook
    State
    Illinois
    Longitude
    -87.7382614
    Latitude
    41.6716403

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    FAQs

    What type of property is this?
    Land - Highly visible 2.8-acre corner development property in a transit-oriented location.
    Where is this land located?
    The property is located at 12147 S Cicero Ave Alsip, IL.
    What are key features of this property?
    This property features: - Highly visible, hard-corner development property at the intersection of Cicero Avenue and 122nd Street.; - Located in a strong, transit-oriented location with PACE bus service at the adjacent corner and close proximity to I-294.; - Positioned in a major retail corridor surrounded by The Home Depot, Dunkin, and BP, with other national retailers nearby.
    (630) 590-5910
    Request Owner's contact information
    12147 S Cicero Ave Alsip, IL 60803
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    Alsip, IL 60803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12147 S Cicero Ave Alsip, IL 60803
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