5000 W 16Th St Cicero, IL 60804
For Lease
1 / 36
This exceptional Cicero, Illinois commercial property offers 1,000 square feet of versatile office space, perfect for a variety of businesses. The property is a single-tenant space within a larger building, and includes an additional 800 square feet of secure storage, ideal for inventory or equipment. The open floor plan allows for flexible design and operational needs, catering to retail, office, or service-oriented businesses. The space benefits from high visibility due to its location in a bustling area with significant foot traffic, ensuring excellent exposure and accessibility for your business. Convenient on-site parking is available for both customers and employees. Modern amenities are in place, including updated lighting, a well-maintained HVAC system, and clean restroom facilities, creating a comfortable and productive work environment. This property presents a fantastic opportunity to establish or expand your business in a thriving commercial district with significant growth potential. Don't miss this chance to secure a prime location in a vibrant community.
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.