14701 Cicero Ave | Midlothian, IL 60445
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- LoopNet Team
14701 Cicero Ave
Midlothian, IL 60445
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This is a brand new 15-year lease featuring 2% annual rent increases, providing strong asset appreciation and a hedge against inflation.
- Situated at the signalized intersection of Cicero Avenue and 147th Street, featuring strong traffic exposure to over 47,600 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 90% above average sales for all Take 5 locations open after its first year. Please call for details.
- Located 19 miles from downtown Chicago, there are over 76,600 residents with average house hold incomes in excess of $90,352 within 3 miles.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,438 SF
Building Class
B
Year Built/Renovated
1975/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.50 AC
Frontage
80’ on Cicero Ave
AMENITIES
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $42,694 | |
| Land Assessment | $31,382 | Total Assessment | $74,076 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$31,382
Improvements Assessment
$42,694
Total Assessment
$74,076
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