9267 Cicero Ave Oak Lawn, IL 60453
- Retail space
- 0.75 lot acres
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $350,000
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Location Insight
- Map
- 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
