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    5000 16Th St Cicero, IL 60804

    For Lease
    $34,200

    Prime Cicero location, 1000 sq ft office, ample storage.

    Lot size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Cicero, Illinois commercial property offers 1,000 square feet of versatile office space, perfect for a variety of businesses. The property is a single-tenant space within a larger building, and includes an additional 800 square feet of secure storage, ideal for inventory or equipment. The open floor plan allows for flexible design and operational needs, catering to retail, office, or service-oriented businesses. The space benefits from high visibility due to its location in a bustling area with significant foot traffic, ensuring excellent exposure and accessibility for your business. Convenient on-site parking is available for both customers and employees. Modern amenities are in place, including updated lighting, a well-maintained HVAC system, and clean restroom facilities, creating a comfortable and productive work environment. This property presents a fantastic opportunity to establish or expand your business in a thriving commercial district with significant growth potential. Don't miss this chance to secure a prime location in a vibrant community.

    Property Features for 5000 16Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,800 SF
    Total Rate
    34200

    Unit(s) available at that property

    Space
    Size
    1,800 SF
    Rate per SF
    $34,200

    HighLights

    • 1,000 SF of retail/office space available for lease.
    • Single‑tenant occupancy.
    • 800 SF of secure storage included.
    • High visibility location with ample on‑site parking.
    • Modern amenities including updated HVAC and restrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.7495904
    Latitude
    41.8587632

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Cicero location, 1000 sq ft office, ample storage.
    Where is this office property / space located?
    The property is located at 5000 16Th St Cicero, IL.
    What is the lease rate?
    The lease rate is $34,200.
    What are key features of this property?
    This property features: 1,000 SF of retail/office space available for lease.; Single-tenant occupancy.; 800 SF of secure storage included.
    Request Owner's contact information
    5000 16Th St Cicero, IL 60804
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    Cicero, IL 60804
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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
    5000 16Th St Cicero, IL 60804
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