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    High-Visibility Avenue Retail Storefront Title is generated by Realmo AI

    13610 Cicero Ave, Crestwood, IL 60418

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    Retail space on Cicero Avenue with a large glass storefront, strong daily traffic, and ample accessible parking for customers.

    Type:RETAIL
    Property size:
    2,863 SF
    Lot size:
    3.00 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 5 at 1:45 am

    Property Features for 13610 Cicero Ave

    General Information

    Standard status
    Active
    Size
    2,863 SF
    Lot size
    3.00 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 13610 Cicero Ave Contact us

    We can help!

    Listing Contact
    Gina Mudge
    Gina Mudge

    Listing agent Gina Mudge License #475211625

    Listing office Coldwell Banker - Real Estate Group | Yorkville

    Listing date Jun 2, 2026

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker - Real Estate Group | Yorkville

    HighLights

    • 2,863 SF commercial retail space on busy Cicero Avenue with 40,000+ VPD
    • Large glass storefront for high visibility to passing traffic
    • Ample, fully accessible customer parking
    • Adjacent street‑facing tenants include Athletico, T‑Mobile, and a barbershop
    • UV and spray tanning beds available for purchase with or without a signed lease

    Overview

    Located at 13610 Cicero Ave in Crestwood, IL, this 2,863-square-foot retail space is designed for storefront visibility and tenant flexibility. The property features a large glass storefront that helps present the business to passersby, along with ample, customizable interior space to support a range of retail uses. In addition, UV and spray tanning beds are available for purchase either with or without a signed lease.

    The location is on a busy stretch of Cicero Avenue with 40,000+ VPD, supporting walk-in exposure to the surrounding retail and service mix. Street-facing adjacent tenants include Athletico, T-Mobile, and a barbershop, while rear of the building on the larger 3-acre parcel is home to multiple car and truck repair facilities. Customer parking is ample and fully accessible.

    This space is well suited for retailers that benefit from storefront presentation and consistent drive-by traffic. The on-site parking supports easy customer access, and the option to acquire existing tanning equipment provides flexibility for qualified operators looking to include that component in their plans. Retailers and brokers will also want to note the earnest money requirement of certified funds payable to Coldwell Banker Commercial Real Estate Group.
    Location Intelligence

    Current Use by Public Records

    Hi Cuts Barber Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Crestwood
    County
    Cook
    State
    Illinois
    Longitude
    -87.7385869
    Latitude
    41.644926

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    FAQs

    What type of property is this?
    Retail space - Retail space on Cicero Avenue with a large glass storefront, strong daily traffic, and ample accessible parking for customers.
    Where is this retail space located?
    The property is located at 13610 Cicero Ave Crestwood, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 2,863 SF commercial retail space on busy Cicero Avenue with 40,000+ VPD; Large glass storefront for high visibility to passing traffic; Ample, fully accessible customer parking
    (815) 725-8500 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Gina Mudge
    Gina Mudge
    Real Estate License ID: 475211625
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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    13610 Cicero Ave, Crestwood, IL 60418
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