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3312 S Cicero Ave
Cicero, IL 60804
Industrial Property For Sale
Investment Highlights
- Property Size: 3 buildings totaling ±52,750 square feet of small bay space, providing stable cash flow with potential for rent increases.
- Favorable Financing: $6,123,000 remaining CMBS loan balance for both properties, enhancing potential returns.
- Newer Construction (2020): Modern 8,433 SF retail building with high-quality finishes and minimal capital expenditure requirements.
- Assumable Loan: Opportunity to assume a loan with a competitive 3.8% fixed interest rate, expiring in 2031, adding long term stability.
- Attractive Net Lease Structure: All tenants have NNN leases, limiting landlord responsibilities.
- Extremely High Population: There are over 258,000 residents in a 3-mile radius and over 698,000 in a 5-mile radius.
Property Facts
Property Taxes
| Parcel Number | 11-2329-3668-00-590 | Improvements Assessment | $5,336,506 |
| Land Assessment | $928,670 | Total Assessment | $6,265,176 |
Property Taxes
Parcel Number
11-2329-3668-00-590
Land Assessment
$928,670
Improvements Assessment
$5,336,506
Total Assessment
$6,265,176
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