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Property profile & analytics
OFF-MARKET
Mixed-use properties

6007-09 Cermak Rd Cicero, IL 60804

Built 1943
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property at 6007-09 Cermak Road in Cicero, Illinois presents a compelling investment opportunity. The expansive 14,000 square foot building sits on a double lot in a high-traffic area, boasting over 29,000 vehicles passing daily. The property comprises four units, offering significant income potential. Two large commercial storefronts have been completely renovated, providing a blank canvas for new businesses. These spaces are ready for immediate occupancy and customization to suit a variety of commercial ventures. The upper level features two residential units, creating a diversified income stream. The building benefits from a recently installed roof, eliminating immediate roof replacement expenses. This prime location on Cermak Road ensures high visibility and accessibility, making it an ideal investment for savvy entrepreneurs seeking a multi-faceted income-generating property. The property's size and versatile layout offer considerable flexibility for future development and expansion. This is a rare opportunity to acquire a substantial mixed-use property in a thriving location. The asking price is $419,000.

Property profile
Verified
Property type Mixed-use properties
Year built 1943
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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