11346 Cicero Ave Alsip, IL 60803-2826
- Banks
- 0.38 lot acres
Mar 20, 2023
Current Use by Public Records
- Hanger Clinic: Prosthetics & Orthotics / Orthotics & Prosthetics Service / Medical Clinic
Property Details for 11346 Cicero Ave
- Year built
- 1975
- Lot size
- 0.38 lot acres
- Property type
- Banks
- APN
- 24-21-200-055
- APU
- 2421200055
Description
This exceptional 13,000-square-foot commercial building, situated on a prominent 50,000-square-foot lot at 11346 S Cicero Ave in Alsip, Illinois (zip code 60803), presents a compelling investment or lease opportunity. The single-story, 1977-built structure boasts a prime location on busy Cicero Avenue, complete with a stoplight and significant foot traffic, just two blocks from a Mariano's grocery store. Currently 25% occupied, the property features a mix of medical office, pharmacy/drug store, and storefront spaces, making it ideal for a variety of businesses. The building offers a NNN lease type with a multi-tenant occupancy and a remaining lease term of two years. Ample parking is available with 82 spaces. The property includes a drive-through, previously used by a bank, and offers the potential for expansion. The main floor offers 3,500 square feet of divisible space, while the lower level provides 6,000 square feet of divisible space with 15-foot ceilings, two stairwells, and elevator access. The lower level is available for a flat cost lease. Building features include separate restrooms, an elevator, a newer sprinkler system, and all newer mechanicals and roofing. The property is zoned for commercial use and is for sale or lease.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,500,000
- ML approach
- $1,455,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Alsip
- County
- Cook
- State
- Illinois
- Longitude
- -87.7402
- Latitude
- 41.6862
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
