Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    20911-20939 Cicero Ave Matteson, IL 60443
    Back to Search
    Property profile & analytics

    20911-20939 Cicero Ave, Matteson, IL 60443

    View on Map

    • Day care centers
    • 13,600 SF
    • 3.99 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Day care centers

    Property Details for 20911-20939 Cicero Ave

    Year built
    1986
    Lot size
    3.99 lot acres
    Property type
    Day care centers
    Property subtype
    Lifestyle centers

    Description

    Exceptional investment opportunity: a 13,600 square foot medical and daycare center in Matteson, Illinois, currently 100% occupied by two tenants. This fee-simple property boasts a strong net operating income (NOI) of $253,784, resulting in a compelling cap rate of 36.25%. The asking price is $700,000. The property features a single-story building constructed in 1986, with renovations completed in 2020 and 2022, including a new roof in 2022. The leases are net, multi-tenant, with a remaining term of 3.9 years (Lease Commencement: March 1, 2019


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Matteson
    County
    Cook
    State
    Illinois
    Longitude
    -87.7312
    Latitude
    41.5083
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message