11346 Cicero Ave Alsip, IL 60803-2826
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.
-
Hanger Clinic: Prosthetics & Orthotics Orthotics & Prosthetics Service Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.