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12052 S Cicero Ave

1,271 SF of Retail Space Available in Alsip, IL 60803

Highlights

  • 1,271 SF, 2nd generation restaurant
  • High-demand retail corridor
  • Monument signage available
  • Heavy traffic location with 53k VPD
  • Surrounded by established tenants

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 5B
  • 1,271 SF
  • Negotiable
  • $40.00 /SF/YR $3.33 /SF/MO $50,840 /YR $4,237 /MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Prime 1,271 SF second-generation restaurant space available on bustling Cicero Avenue, boasting approximately 53,000 vehicles per day (VPD). Located in a thriving retail corridor, this space is surrounded by notable neighboring tenants including Jimmy John's, Stellas, and ATI Physical Therapy, offering high visibility and foot traffic. Ideal for a quick service or casual dining concept looking to capitalize on the area’s strong retail presence and consistent flow of potential customers.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste 5B 1,271 SF Negotiable $40.00 /SF/YR $3.33 /SF/MO $50,840 /YR $4,237 /MO Modified Gross

1st Floor, Ste 5B

Size
1,271 SF
Term
Negotiable
Rental Rate
$40.00 /SF/YR $3.33 /SF/MO $50,840 /YR $4,237 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Prime 1,271 SF second-generation restaurant space available on bustling Cicero Avenue, boasting approximately 53,000 vehicles per day (VPD). Located in a thriving retail corridor, this space is surrounded by notable neighboring tenants including Jimmy John's, Stellas, and ATI Physical Therapy, offering high visibility and foot traffic. Ideal for a quick service or casual dining concept looking to capitalize on the area’s strong retail presence and consistent flow of potential customers.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 12052 S Cicero Ave , Alsip, IL 60803

Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 8,151 SF
Total Land Area 1.19 AC
Year Built 2008
Parking Ratio 7.42/1,000 SF

About the Property

Prime 1,271 SF second-generation restaurant space available on bustling Cicero Avenue, boasting approximately 53,000 vehicles per day (VPD). Located in a thriving retail corridor, this space is surrounded by notable neighboring tenants including Jimmy John's, Stellas, and ATI Physical Therapy, offering high visibility and foot traffic. Ideal for a quick service or casual dining concept looking to capitalize on the area’s strong retail presence and consistent flow of potential customers. Conveniently located in the thriving community of Alsip, the area surrounding the property offers an array of amenities and attractions for prospective Office/Office Building tenants. With easy access to major highways, including Interstate 294 and Interstate 57, commuting is a breeze. Nearby, tenants can enjoy a variety of dining options, shopping centers, and recreational facilities, providing ample opportunities for work-life balance. Additionally, Alsip is home to several parks and green spaces, offering a tranquil escape from the hustle and bustle of city life. The property's prime location in Alsip ensures that tenants will have access to a vibrant and dynamic community.

  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage

Nearby Major Retailers

Food 4 Less
ALDI
Old National Bank
Curves
  • Listing ID: 28837505

  • Date on Market: 11/22/2023

  • Last Updated:

  • Address: 12052 S Cicero Ave, Alsip, IL 60803

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