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    9267 Cicero Ave Oak Lawn, IL 60453-1806
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    Property profile & analytics

    9267 Cicero Ave Oak Lawn, IL 60453-1806


    • Retail space
    • 0.75 lot acres
    Off-Market
    Property ID
    US28-2054238
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 9267 Cicero Ave

    Year built
    1974
    Lot size
    0.75 lot acres
    Property type
    Retail space
    APN
    24-03-306-005
    APU
    2403306005

    Description

    This exceptional 3,280-square-foot freestanding restaurant building, situated on a high-traffic intersection in Oak Lawn, Illinois, presents a lucrative investment opportunity. Located at 9267 S Cicero Ave, this C-2 zoned property boasts a substantial 46,865-square-foot lot and ample parking for 65 vehicles. The building features a fully equipped commercial kitchen with a large hood system, perfect for a quick-service restaurant or full-service eatery. Two ADA-compliant restrooms are also included. The property's prime location at the intersection of Cicero Avenue and Southwest Highway ensures high visibility and accessibility to a dense residential population with high disposable income. This second-generation space offers significant growth potential, with the possibility of obtaining a liquor and gaming license, both permitted under the current zoning. The asking price is $2,900,000, translating to $884.15 per square foot. This turnkey operation is ideal for established restaurant chains or ambitious entrepreneurs seeking a thriving location in a bustling community. The property's parcel numbers are 24-03-306-005-0000 and 24-03-306-008-0000. This is a rare opportunity to acquire a well-positioned, established restaurant space in a prime Cook County location.


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    Location Insight

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    • Local Demand
    City
    Oak Lawn
    County
    Cook
    State
    Illinois
    Longitude
    -87.7403
    Latitude
    41.7243
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $56,770
    $69,759
    $80,112
    $149,871
    -
    $279,036
    $320,448
    $599,484
    More about this property
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