Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space Near Cicero Avenue Title is generated by Realmo AI

    3035 S Cicero Ave, Cicero, IL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in high-traffic Cicero Road shopping center.

    Type:RETAIL
    Property size:
    9,668 SF
    Lot size:
    1.11 Acres
    Added:
    Aug 12, 2025
    Days on Market:
    279
    Last Refresh:
    Apr 5 at 10:46 pm

    Property Features for 3035 S Cicero Ave

    General Information

    Standard status
    Active
    Size
    9,668 SF
    Lot size
    1.11 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 3035 S Cicero Ave Contact us

    We can help!

    Listing Contact
    Kristin Perry
    Kristin Perry

    Listing agent Kristin Perry

    Listing office Continental Realty Corporation - Corporate

    Listing date Aug 12, 2025

    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 Continental Realty Corporation - Corporate

    HighLights

    • Anchored by high‑traffic Sam’s Club, Home Depot, and Food4Less; shadow‑anchored by Target.
    • Dominant retail center in the market.
    • Situated on highly trafficked Cicero Road.
    • Surrounded by dense residential area.
    • Multiple access points for easy customer access.
    • Ample patron parking.

    Overview

    This retail space is located in a dominant retail center anchored by Sam’s Club, Home Depot, and Food4Less, and shadow-anchored by Target. The center is surrounded by dense residential areas and situated on Cicero Road, which experiences high traffic volume. The property benefits from multiple access points, facilitating customer entry and exit. Ample parking is available for patrons. The available space measures 9668 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Coin Cloud Bitcoin ATM — 3503 S Cicero Ave, Cicero, IL 60804

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.7464
    Latitude
    41.9362

    Nearby Similar for Lease

    • $18 SF/Yr
      6,000 SF

      Cicero Retail/Office Space Available

      Retail or office space with ample parking in Cicero.
      1601-1647 S Cicero Ave, Cicero, IL
      View Details
    • Contact for pricing
      2,200 SF

      Retail Space on Cicero Avenue

      Retail space available on Cicero Ave with high traffic.
      3000-3076 S Cicero Ave, Cicero, IL
      View Details
    • Contact for pricing
      323,343 SF

      Cicero Industrial Space For Lease

      323,343 SF industrial space available March 1, 2026.
      1531 S 54th Avenue, Cicero, IL 60804
      View Details
    • $10,000/Mo
      2,500 SF

      Retail Space with High Visibility

      Retail space featuring high traffic, visibility, and easy access.
      5126 W Cermak Rd, Cicero, IL
      View Details
    • Contact for pricing
      110,360 SF

      Cicero Industrial Space For Lease

      Multiple industrial units available for lease up to 183,547 SF.
      3250 S. Central Avenue, Cicero, Illinois 60804
      View Details
    • Contact for pricing

      Cicero Avenue Office Space

      Office space with excellent visibility on Cicero Avenue.
      2400 S Cicero Ave | Cicero, IL 60804
      View Details
    • Contact for pricing

      Spacious Unit with Office Area

      Bright unit with backroom, washroom, and separate office area.
      5008 W 16th St, Cicero, IL 60804
      View Details
    • Contact for pricing
      323,343 SF

      Cicero Industrial Space For Lease

      323,343 SF industrial space available for lease in Cicero, IL.
      1531 S 54th Avenue, Cicero, IL 60804
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space on Cicero Avenue

      Retail space with high visibility and ample parking.
      4804 W 24th Pl, Cicero, IL
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Cicero Center

      Retail space available in high-traffic Cicero shopping center.
      3021 S Cicero Ave, Cicero, IL
      View Details
    • Contact for pricing
      85,680 SF

      Cicero Warehouse and Distribution Space

      85,680 SF warehouse with excellent highway access.
      5401 Roosevelt Rd, Cicero, IL
      View Details
    • Contact for pricing
      1,758 SF

      Restaurant Space with Enclosed Patio

      Second generation restaurant space with patio and two bars.
      3640 S 53rd Ave, Cicero, IL
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in high-traffic Cicero Road shopping center.
    Where is this shopping center located?
    The property is located at 3035 S Cicero Ave Cicero, IL.
    What are key features of this property?
    This property features: Anchored by high‑traffic Sam’s Club, Home Depot, and Food4Less; shadow‑anchored by Target.; Dominant retail center in the market.; Situated on highly trafficked Cicero Road.
    (410) 296-4800 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kristin Perry
    Kristin Perry
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3035 S Cicero Ave, Cicero, IL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!