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    12052 Cicero Ave Alsip, IL 60803

    Sponsored
    For Lease
    Contact for pricing

    Alsip restaurant space, high traffic.

    Lot size:
    8,151 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,271 square foot retail space, situated at 12052 S Cicero Avenue in Alsip, Illinois, presents a prime opportunity for a restaurant or retail business. Located in a bustling retail corridor with high visibility and foot traffic, this second-generation restaurant space benefits from approximately 53,000 vehicles per day passing by. The property is part of a larger 8,151 square foot building constructed in 2008 and sits on a 1.19-acre lot in Cook County. The space enjoys the advantage of being surrounded by successful businesses such as Jimmy John's, Stellas, and ATI Physical Therapy, ensuring a strong customer base and high brand recognition. The location offers easy access to major highways, Interstate 294 and Interstate 57, providing convenient commuting for both employees and customers. Alsip itself provides a vibrant community with diverse amenities, including dining options, shopping centers, and recreational facilities. This property is ideal for a quick-service or casual dining establishment seeking to capitalize on the area's strong retail presence and consistent customer flow. The single-tenant occupancy ensures a focused and efficient business environment. This is a rare opportunity to establish a thriving business in a high-traffic, well-established location. The property's zip code is 60803.

    Property Features for 12052 Cicero Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,151 SF

    Building Details

    Year Built
    2008

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,271 SF

    HighLights

    • 1,271 SF second‑generation restaurant space in Alsip, IL.
    • High‑traffic location with 53,000 vehicles per day (VPD).
    • High‑demand retail corridor with strong surrounding businesses.
    • Excellent co‑tenancy including Jimmy John's, Stella's, and ATI Physical Therapy.
    • Monument signage available.
    • Ideal for quick‑service restaurant (QSR) or casual dining.
    Property Profile Location Intelligence

    Current Use by Public Records

    Steve Hanley, DPT Physical Therapist Emily R. Olson, ... Physical Therapist ATI Physical Therapy Physical Therapy Clinic Dana Sohl Physical Therapist Candice Gray Physical Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alsip
    County
    Cook
    State
    Illinois
    Longitude
    -87.7397495
    Latitude
    41.6740645

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    FAQs

    What type of property is this?
    Restaurant - Alsip restaurant space, high traffic.
    Where is this restaurant located?
    The property is located at 12052 Cicero Ave Alsip, IL.
    What are key features of this property?
    This property features: 1,271 SF second-generation restaurant space in Alsip, IL.; High-traffic location with 53,000 vehicles per day (VPD).; High-demand retail corridor with strong surrounding businesses.
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    12052 Cicero Ave Alsip, IL 60803
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    Alsip, IL 60803
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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
    12052 Cicero Ave Alsip, IL 60803
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