5733 Roosevelt Rd Cicero, IL 60804-1159
This vacant, mixed-use building at 5733 W Roosevelt Rd, Cicero, IL 60804, offers a unique investment opportunity. The 4,300 square foot property, previously a grocery store and restaurant, is currently vacant and partially gutted, leaving only the framing and mechanicals. This allows for complete customization to suit your vision. The building features a second-floor open space, once an apartment, complete with a beautiful rooftop patio. A two-car garage with a seven-foot door is also included. The asking price is $275,000, or $63.95 per square foot. Located on busy Roosevelt Road in Cook County, Illinois, this property boasts high visibility and significant potential. The seller is offering owner financing, holding the paper for up to one year to allow ample time for renovations and business establishment. This building's rich history, once owned by Al Capone, adds a unique element to its appeal. This is an exceptional chance to create a thriving business in a high-traffic area with flexible financing options.
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.