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5633-5647 W Roosevelt Rd 9,703 SF 100% Leased Retail Building Cicero, IL 60804 $2,995,000 ($308.67/SF) 7.80% Cap Rate
Investment Highlights
- 100% Occupied
- Over 19,500 vehicles per day
- Prime location: 3 blocks south of I-290
- New Roof, New Parking Lot, 50% of HVAC units are NEW
- Incredibly Dense Area: Over 350K people living in 3 miles radius
- Primary shopping center in the island neighborhood
Executive Summary
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 100% 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 50% 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.
The property is 100% 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 50% 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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,703 SF
Building Class
C
Year Built
1995
Price
$2,995,000
Price Per SF
$308.67
Cap Rate
7.80%
NOI
$233,716
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.60 AC
Opportunity Zone
Yes
Zoning
Retail
Parking
47 Spaces (4.84 Spaces per 1,000 SF Leased)
Frontage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Amanda Liquor & Tabacco Inc
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
- Twin Vegas 1
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Twin Vegas 2
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Yvette Kanlinsou
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Amanda Liquor & Tabacco Inc | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Twin Vegas 1 | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Twin Vegas 2 | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Yvette Kanlinsou | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $94,103 | |
| Land Assessment | $111,226 | Total Assessment | $205,329 |
Property Taxes
Parcel Numbers
Land Assessment
$111,226
Improvements Assessment
$94,103
Total Assessment
$205,329
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5633-5647 W Roosevelt Rd
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