This Retail Property is no longer advertised on LoopNet.com.
10909 S Cicero Ave
Oak Lawn, IL 60453
Retail Property For Sale
![10909 S Cicero Ave, Oak Lawn, IL for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/FLAQlI7dSQEbGlDaS1FMDZZvJSxPwdOZU0PyTb3GbKc/110/10909-S-Cicero-Ave-Oak-Lawn-IL-Building-Photo-1-Large.jpg)
INVESTMENT HIGHLIGHTS
- This is a brand new 15-year lease with 2% annual increases, providing strong asset appreciation and a hedge against inflation.
- Situated along Cicero Avenue with strong traffic exposure to over 42,300 vehicles per day.
- Exclusive operator of all Take 5 locations throughout the region with a strong guaranty during the entire term of the lease.
- Tenant provides 100% maintenance of the property and pays directly for all CAM, taxes, and insurance.
- This store is performing at 88% above average sales for all Take 5 locations open after its first year. Please call for details.
- Located 14 miles from downtown Chicago, there are over 147,540 residents with average house hold incomes in excess of $102,500 within 3 miles.
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Auto Repair
- General Retail Auto Dealership
Building Size
1,447 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.40 AC
Zoning
Commercial
Parking
4.84 Spaces per 1,000 SF Leased
AMENITIES
- Corner Lot
- Signage
- Drive Thru
LINKS
PROPERTY TAXES
Parcel Number | 24-15-312-038-0000 | Improvements Assessment | $28,163 |
Land Assessment | $43,705 | Total Assessment | $71,868 |
Learn More About Investing in Retail Properties
Listing ID: 26570311
Date on Market: 9/6/2022
Last Updated:
Address: 10909 S Cicero Ave, Oak Lawn, IL 60453
The Retail Property at 10909 S Cicero Ave, Oak Lawn, IL 60453 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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