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Property profile & analytics

9400 Cicero Ave Oak Lawn, IL 60453

  • Banks
  • 1.95 lot acres
Value Estimation
$2,265,000
Last Sale
Jul 28, 2022
$2,101,000
Location Intelligence
Property ID
US28-2792806
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.

Current Use by Public Records

  • Fifth Third Bank - Michael Mehilos / Financial Planner / Financial Consultant
  • Fifth Third Securities - Salvador Briseno / Financial Consultant / Financial Planner
  • Fifth Third Bank ATM / Atm
  • Stability Insurance Illinois / Insurance Agency
  • Fifth Third Securities - Michael Lydigsen / Financial Planner

Property Details for 9400 Cicero Ave

Year built
1980
Lot size
1.95 lot acres
Property type
Banks
APN
24-04-422-034
APU
2404422034

Description

This Class A, four-story office building at 9400 S Cicero Ave, Oak Lawn, IL 60453, offers 77,000 square feet of versatile space, currently featuring 14,040 square feet available for lease. Built in 1990 and renovated in 2024, the property sits on 4.4 acres of land with excellent frontage on 95th Street and Cicero Avenue. The building boasts four elevators, ample parking, and two convenient entrances. Interior features include high ceilings, lockers, computer labs, training rooms, conference rooms, and break areas. The property is ideally suited for a variety of office uses, including executive, medical, coworking, creative, commercial, and traditional office tenants. Its prime location offers easy access to I-294 (Tri-State Tollway), the Oak Lawn Metra station (half-mile west), and numerous amenities including Advocate Christ Medical Center (two blocks west), the Hilton Chicago/Oak Lawn, and a variety of restaurants and retail options. Available spaces range from 4,300 to 24,635 square feet. The building is fully sprinklered and zoned for commercial use. This exceptional property presents a unique opportunity for businesses seeking a well-appointed and strategically located office space in a thriving community.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $2,265,000
  • CAP approach

    CAP return
    Estimation
    6%
    $2,170,000
    6.5%
    $2,005,000
    7%
    $2,065,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $2,300,000
    Geo Method
    $2,370,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $2,505,000
    Retail
    $1,865,000
    Mixed-Use
    $2,225,000
    Hospitality
    $1,835,000
    Educational
    $2,425,000
    Residential Income
    $2,410,000
    Energy
    $2,410,000
    Income-Based Land
    $1,845,000
    Food Service
    $1,880,000

Location Insight

  • Map
  • Local Demand
City
Oak Lawn
County
Cook
State
Illinois
Longitude
-87.7424
Latitude
41.7211
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
$313,530
$254,430
$573,274
$827,704
-
$1,017,720
$2,293,096
$3,310,816
More about this property
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