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    12845 Cicero Ave Alsip, IL 60803

    • Industrial properties
    • 0.33 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US28-2633084
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Physician Resource Solutions / Medical Billing Service
    • Reliable Fire & Security / Fire Alarm Supplier / Fire Protection Consultant
    • Teas Chas R & Co / Fire Protection Equipment Supplier

    Property Details for 12845 Cicero Ave

    Year built
    1994
    Lot size
    0.33 lot acres
    Property type
    Industrial properties
    APN
    24-34-106-038
    APU
    2434106038

    Description

    This exceptional commercial property at 12845 S Cicero Ave., Alsip, in Cook County, offers flexible office space ideal for businesses seeking a modern and efficient workspace. The property features a two-story elevator building with multiple suites available for lease. Two units are currently available for lease, offering a combined total of up to 7,500 square feet of office space. Unit 201, a 3,000 square foot space, boasts a thoughtfully designed layout including seven private offices situated along the exterior walls, maximizing natural light. A central open floor plan promotes collaboration, complemented by a welcoming reception area, a fully equipped conference room, a spacious employee kitchen, and ADA-compliant restrooms. Large south-facing windows in the office and conference areas flood the space with natural light, creating a bright and productive environment. For businesses requiring more expansive space, Unit 2N, a 4,500 square foot office with northwest-facing windows, can be combined with Unit 201 to provide a total of 7,500 square feet of contiguous office space. This property is perfect for businesses seeking a well-appointed, modern office environment in a convenient location. The property is located in a multi-tenant building with a total of three suites. Contact us to schedule a viewing and explore the possibilities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alsip
    County
    Cook
    State
    Illinois
    Longitude
    -87.738
    Latitude
    41.6572
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $24,295
    $19,800
    $36,041
    $55,841
    -
    $79,200
    $144,164
    $223,364

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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
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