CAP 8.5!!!! Rare opportunity to acquire a fully stabilized neighborhood shopping center in one of Chicagoland's most densely populated retail corridors. Strategically located just three blocks south of I-290 in the heart of Cicero's Island neighborhood, this asset serves as a primary shopping destination with excellent visibility and accessibility. The property is fully occupied with a strong WALT of approximately 6 years as of June 1, 2026, offering immediate and predictable cash flow. Recent capital improvements include a new roof, new parking lot, and approximately half of HVAC units replaced, creating a truly low-maintenance investment opportunity. Benefiting from over 19,500 vehicles per day and a consumer base of more than 350,000 residents within a 3-mile radius, this asset combines stable in-place income, strong demographics, and long-term location fundamentals in a proven infill retail market.
| MLS # | 12646271 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 1995 |
| Days On Site | 120 |
| Listing Provided By | Platinum Partners Realtors | Sang Han |
| SQ Feet | 10,451 |
|---|---|
| Story(s) | 1 |
| Units | 8 |
| Zoning | COMMR |
| Cooling | Central Individual |
|---|
| Electric | Separate Meters |
|---|
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 71913 |
| State | IL |
|---|---|
| County | Cook |
| City | Cicero |
| Zip Code | 60804 |
| Area | Cicero |
| Listing VS Median (in 60804) | |
Price: $2,820,000 low | high Med: $299,450 sqft: 10,451 low | high Med: 2,002 $ / sqft: $270 low | high Med: $199 On site: 120 low | high Med: 38.5 | |
| State | IL |
|---|---|
| County | Cook |
| City | Cicero |
| Zip Code | 60804 |
| Area | Cicero |
| Listing VS Median (in 60804) | |
Price: $2,820,000 low | high Med: $299,450 sqft: 10,451 low | high Med: 2,002 $ / sqft: $270 low | high Med: $199 On site: 120 low | high Med: 38.5 | |