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Property profile & analytics
OFF-MARKET Estimated value $2,190,000
Banks

9400 Cicero Ave Oak Lawn, IL 60453-2536

1.95 ac lot Built 1980
Entity Owned 3-yr Hold Free & Clear
Property ID
US28-2792806
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1980
Lot 1.95 ac (84,942 SF)
APN 24-04-422-034
UPID US28-2792806
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
Current use
Occupant on record · Public records
  • Fifth Third Bank - Michael Mehilos Financial Advisor
  • Fifth Third Securities - Salvador Briseno Financial Advisor
  • Fifth Third Bank ATM Atm
  • Stability Insurance Illinois Insurance Agency
  • Fifth Third Securities - Michael Lydigsen Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.19M
Owner & transaction history
D I R Leasing LLC · 3 yrs held
D I R Leasing LLC
since 2022
Last sale
$2.1M
4 recorded transactions
2022
Price N/A
2022
$2.1M
2022
$4.1M
2021
$5.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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