5111 Roosevelt RdCicero, IL 60804

For Sale
$694,000

Industrial building, high cap rate, NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
92
This single-tenant industrial flex space at 5111 Roosevelt Rd, Cicero, IL 60804, is offered for sale at $694,000. The 5,575 square foot building sits on a 0.22-acre lot and boasts a 9.00% cap rate. Built in 1955, this Class C property features a 12-foot ceiling height, one loading dock, and one drive-in door. The property is zoned RR-P and is a single-unit building with a NNN lease in place. Recent improvements include a new fire sprinkler system and a new water system. The asking price per square foot is $124.48, and the price per unit is $694,000. This is a great opportunity for investors seeking a strong return on investment in a prime location. The property is located in Cook County, Illinois.

Highlights

  • $694,000 asking price for this industrial flex property.
  • 5,575 square feet on a 0.22-acre lot in Cicero, IL.
  • Class C, single-tenant, NNN lease.
  • 9% cap rate with a price per square foot of $124.48.
  • Features one loading dock, one drive-in door, and 12' ceilings.
  • Built in 1955, this one-story building is zoned RR-P.

Property Details for 5111 Roosevelt Rd

Property type
Other industrial properties, Flex space
Square Feet
5,575 SF
Class
C
Year Built
1955
Stories
1
Lot Size (sq. ft)
9,583 SF
Units
1

Location Insight

City
Cicero
County
Cook
State
Illinois
Latitude
41.8654214
Longitude
-87.7527491
5111 Roosevelt Rd, Cicero, Illinois
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5111 Roosevelt Rd
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