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3503 S Cicero Ave
Cicero, IL 60804
Retail Property For Sale
Investment Highlights
- Recently Constructed Thorntons Gas Station and Convenience Store | Top 6 in Visits Nationally (Place.ai) | 2019 Build | Rare 7+/- Acre Infill Site
- Corporately Guaranteed Ground Lease | Zero Landlord Responsibilities | 14 Years of Base Term Remaining with 10 Percent Rental Increase in 2029
- Located on Heavily Traveled South Cicero Avenue - 48,400 VPD | Interstate 55 is Less than a Mile from the Subject Property - 170,600 VPD
- On-Site Video Gaming Machines and Alcohol Sales for Additional Tenant Revenue
- Directly Across from Hawthorn Race Course | On July 30, 2020, Illinois Gaming Board Approved a $400 Million Dollar Casino Development
- Situated Within an Industrial Hub, Adjacent to Multiple Truck Driving Schools and Transportation Businesses
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,500 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
7.00 AC
Zoning
M-3 - General Manufacturing
Parking
40 Spaces (4.21 Spaces per 1,000 SF Leased)
Frontage
388’ on S Cicero Ave
Amenities
- Commuter Rail
Property Taxes
| Parcel Number | 16-34-301-010-0000 | Improvements Assessment | $386,028 |
| Land Assessment | $763,200 | Total Assessment | $1,149,228 |
Property Taxes
Parcel Number
16-34-301-010-0000
Land Assessment
$763,200
Improvements Assessment
$386,028
Total Assessment
$1,149,228
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