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Property profile & analytics
FOR LEASE
Retail residential properties

5000 W 16Th St Cicero, IL 60804

0.14 ac lot Built 1924
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US28-5002408
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1924
Lot 0.14 ac (5,959 SF)
APN 16-21-227-020
UPID US28-5002408
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k
Owner & transaction history
5000 Cicero LLC · 1 yrs held
5000 Cicero LLC
since 2024
Last sale
$510,000
1 recorded transaction
2024
$510,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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