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    8148 Cicero Ave Burbank, IL 60459

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Burbank location, 39,398 SF, high visibility.

    Lot size:
    39,398 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a 39,398-square-foot freestanding building situated on a prominent 2.7-acre lot at 8148 S Cicero Ave in Burbank, Illinois. Built in 2007 and renovated in 2018, this single-tenant building is currently vacant and offers significant potential for a variety of retail uses. The durable masonry construction ensures longevity and the recent exterior renovations enhance its curb appeal. The property boasts 92 parking spaces, providing ample convenience for customers. Its location on Cicero Avenue offers exceptional visibility and accessibility, further enhanced by its proximity to major national retailers such as Lowe's, Jewel-Osco, Dollar Tree, Party City, AutoZone, and Five Below. The building features two stories and includes elevators. Located in Cook County, Illinois, with a zip code of 60459, this property offers a compelling investment opportunity due to its size, location, and recent improvements. The property taxes are $4.26 per square foot. This site is ideal for a business seeking high visibility and convenient access in a thriving retail corridor.

    Property Features for 8148 Cicero Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,398 SF
    Total Rate
    39398

    Building Details

    Year Built/Renovated
    2007/2018
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    393,978 SF
    Rate per SF
    $12

    HighLights

    • 39,398 square foot freestanding building.
    • 191 feet of frontage on Cicero Avenue.
    • High visibility location.
    • High traffic counts.
    • Proximity to numerous big‑box retailers.
    • Two exterior loading docks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Big Lots Discount Store ToysRUs Toy Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Burbank
    County
    Cook
    State
    Illinois
    Longitude
    -87.7423509
    Latitude
    41.7444694

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    FAQs

    What type of property is this?
    Retail property - Prime Burbank location, 39,398 SF, high visibility.
    Where is this retail property located?
    The property is located at 8148 Cicero Ave Burbank, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 39,398 square foot freestanding building.; 191 feet of frontage on Cicero Avenue.; High visibility location.
    Request Owner's contact information
    8148 Cicero Ave Burbank, IL 60459
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    Burbank, IL 60459
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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
    8148 Cicero Ave Burbank, IL 60459
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