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    Property profile & analytics
    OFF-MARKET
    Retail space

    10220 Cicero Ave, Oak Lawn, IL 60453-4082

    0.29 ac lot Built 1977
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US28-0982056
    Property summary
    AI-generated overview

    This exceptional income-producing office building, located at 10220 S Cicero Ave in Oak Lawn, Illinois, presents a compelling investment opportunity. The property boasts a total of 4,500 square feet of office space, strategically situated on a sizable 18,000 square foot lot. The well-maintained two-story structure features two 1,100 square foot units on each floor, offering flexibility for various business needs. The building's attractive features include handsome exposed brick interior walls in the foyer and offices, enhancing its aesthetic appeal. A full/partially improved basement provides additional storage or expansion potential. Currently, the building enjoys a 3/4 occupancy rate with long-term tenants, ensuring a stable income stream. Its prime corner location at 102nd and Cicero benefits from high visibility and exceptional daily traffic exceeding 100,000 vehicles along Cicero Avenue. This property is ideal for both investors seeking a strong return and owner-operators looking for a well-established location. The asking price is $564,900. Oak Lawn's reputation as a thriving business community further enhances the investment potential of this property. Ample on-site parking adds to its convenience and appeal.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1977
    Lot 0.29 ac (12,650 SF)
    APN 24-09-413-022
    UPID US28-0982056
    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
    Current use
    Occupant on record · Public records
    • Sunny Hill Home Health Care Inc Home Health Care Service
    • Mareing Thomas M DDS Dental Office
    • Connors Gerald P DDS Dental Office
    • Geo Construction & Contracting LLC Construction Company General Contractor
    • SYNERGY HomeCare Home Health Care Service Mental Health Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    10220 S Cicero LLC · 13 yrs held
    10220 S Cicero LLC
    since 2013
    5 recorded transactions
    2018
    2013
    $450,000
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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