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Fully Occupied Neighborhood Shopping Center
For Sale
$2,820,000

5633-5647 W Roosevelt Road, Cicero, IL 60804

COMMERCIAL - Cicero, IL

Property SizeContact for details
Lot Size0.60 Acres
Days on Market100

Property Features for 5633-5647 W Roosevelt Road

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions Near I-290, The Island neighborhood
Subdivision Cicero
Standard status Active
APN 16202060070000
Lot size 0.60 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 71913

Utilities

Cooling system Central Air

Building Details

Year built 1995
Floors in Building 1
Number of units 8
Listing Agency: Platinum Partners Realtors
Listed By: Sang Han · License #475179051
Added: May 12 Changed: Aug 4 Last Checked: Aug 19 at 1:06AM
MLS# 12646271

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This neighborhood shopping center is fully occupied and presented as stabilized, with a reported weighted average lease term of approximately six years as of June 1, 2026. The property includes recent capital improvements such as a new roof, a new parking lot, and approximately half of the HVAC units replaced. The offering is listed at zoning COMMR and sits on a 0.6008-acre lot.

Located at 5633–5647 W Roosevelt Road in Cicero, Illinois, the center is described as positioned about three blocks south of I-290 in the Island neighborhood. The public remarks also cite strong visibility and accessibility, with over 19,500 vehicles per day and a consumer base of more than 350,000 residents within a three-mile radius.

The listing notes a CAP 8.5 figure and emphasizes immediate, predictable in-place income based on the current occupancy.

Key Highlights

  • Neighborhood shopping center built in 1995 with central air (Central Air).
  • Fully occupied with WALT of approximately 6 years as of June 1, 2026.
  • Recent capital improvements: new roof and new parking lot.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,500 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

721
Businesses Nearby
127k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 48% Dining 33% Groceries 17% Electronics 2%
McDonald's Dining
31,395 visits/mo 0.1 miles
Aldi Groceries
21,046 visits/mo 0.2 miles
BP Shops & Services
14,148 visits/mo 0.4 miles
BP Shops & Services
13,831 visits/mo 0.2 miles
Shell Shops & Services
11,819 visits/mo 0.1 miles

Demographics for 60804, IL

85,673
Population
26,738
Households
3.2
Avg Household Size
32
Median Age
11%
College-Educated
68%
High-School Grad
7.1 sq mi
ZIP Area
12,067
Density / Sq Mi
$68,548
Median Household Income
$36,786
Median Earnings
$1,121
Median Rent
$236,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM PLS Financial Services, Inc, 5947 W Roosevelt Rd, Cicero, IL 60804

Frequently Asked Questions

What type of property is this?
Shopping center - Stabilized neighborhood shopping center with recent roof, parking lot, and partial HVAC replacements.
Where is this shopping center located?
The property is located at 5633-5647 W Roosevelt Road Cicero, IL.
What is the asking price?
The asking price for this property is $2,820,000.
What are key features of this property?
This property features: Neighborhood shopping center built in 1995 with central air (Central Air).; Fully occupied with WALT of approximately 6 years as of June 1, 2026.; Recent capital improvements: new roof and new parking lot.
More about this property
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