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Property profile & analytics

5645 Roosevelt Rd Cicero, IL 60804

  • Retail space
  • 0.10 lot acres
Value Estimation
$880,000
Last Sale
Dec 16, 2021
$875,000
Location Intelligence
Property ID
US28-1738726
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

  • Retail space

Property Details for 5645 Roosevelt Rd

Year built
1993
Lot size
0.10 lot acres
Property type
Retail space
APN
16-20-206-001
APU
1620206001

Description

This exceptional retail opportunity is located at 5645 W Roosevelt Rd in Cicero, Illinois, within the bustling West Roosevelt Plaza. The property offers 1,460 square feet of available space, perfect for a variety of retail, restaurant, or office uses. This is a multi-tenant building with a total of 53 parking spaces, ensuring convenient access for customers and employees. Situated in Cook County, this prime location boasts significant daily traffic, with Roosevelt Road seeing 19,500 vehicles per day. The property benefits from excellent visibility and multiple points of ingress/egress, making it easily accessible. Its strategic placement within a primary shopping center in the Island neighborhood provides immediate proximity to established businesses such as McDonald's, AutoZone, and Family Dollar. The area's high population density, with over 184,000 people residing within a two-mile radius, guarantees a substantial customer base. This infill location, just three blocks south of an interstate, offers unparalleled convenience and accessibility. This is a rare opportunity to establish a thriving business in a high-traffic, densely populated area. The property is zoned for retail, restaurant, and office uses.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $870,000
  • CAP approach

    CAP return
    Estimation
    6%
    $810,000
    6.5%
    $945,000
    7%
    $820,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $880,000
    Geo Method
    $880,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $915,000
    Retail
    $975,000
    Mixed-Use
    $895,000
    Hospitality
    $900,000
    Educational
    $795,000
    Residential Income
    $870,000
    Energy
    $820,000
    Income-Based Land
    $760,000
    Food Service
    $795,000

Location Insight

  • Map
  • Local Demand
City
Cicero
County
Cook
State
Illinois
Longitude
-87.7666
Latitude
41.8653
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
$15,465
$16,110
$19,299
$35,409
-
$64,440
$77,196
$141,636
More about this property
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