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    5830 35Th St Cicero, IL 60804

    Sponsored
    For Sale
    $795,000

    High-Visibility Retail Building, Excellent Location

    Property size:
    5,918 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional value-add investment opportunity presents a 5,918 square foot retail building situated on a 0.43-acre lot at 5830 W 35th St, Cicero, IL 60804. The property, built in 1959, is currently vacant and offers significant potential for redevelopment or owner-occupancy. Its prime location on a hard corner next to a Walgreens provides exceptional visibility and accessibility. Seven parking spaces are available adjacent to the building, a significant advantage in this high-traffic area. The property benefits from its proximity to major transportation arteries, including I-55 (one mile away), a PACE bus stop directly in front, and a Metra train station within one mile. This strategic location, coupled with its high visibility and ample parking, makes it ideal for a variety of retail uses. The asking price is $795,000, translating to $134.34 per square foot. The building has been well-maintained and offers excellent accessibility for customers. Its position on a busy retail corridor near Hawthorne Race Course further enhances its appeal to potential tenants. This is a rare opportunity to acquire a well-located, versatile retail property with strong potential for significant return on investment. The single-story building offers a flexible layout suitable for adaptation to various retail needs. The property's strong location and visibility make it an attractive proposition for both investors and owner-users seeking a high-impact retail presence in a thriving market.

    Property Features for 5830 35Th St

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,918 SF
    Lot Size
    18,731 SF

    Building Details

    Year Built
    1959
    Buildings
    1
    Stories
    1

    HighLights

    • $795,000 asking price for a 5,918 SF retail building in Cicero, IL.
    • Vacant, 5,918 square foot retail building on a 0.43‑acre lot.
    • Value‑add investment opportunity with a price per square foot of $134.34.
    • Located on a hard corner, next to a Walgreens, with 7 parking spaces.
    • Excellent location near I‑55, public transportation (PACE bus and Metra train), and Hawthorne Race Course.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.7696812
    Latitude
    41.8292315

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    FAQs

    What type of property is this?
    Individual retail property - High-Visibility Retail Building, Excellent Location
    Where is this individual retail property located?
    The property is located at 5830 35Th St Cicero, IL.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: $795,000 asking price for a 5,918 SF retail building in Cicero, IL.; Vacant, 5,918 square foot retail building on a 0.43-acre lot.; Value-add investment opportunity with a price per square foot of $134.34.
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    5830 35Th 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
    5830 35Th St Cicero, IL 60804
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