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31538222
31538223

1600 S Cicero Ave, Cicero, IL 60804

Coldwell Banker Commercial Realty
Listed by Coldwell Banker Commercial Realty
$675,000
120 days on market
Updated 63 days ago

1600 S Cicero Avenue Cicero, Illinois 60804

Details
APN 16-21-407-020-0000, 16-21-407-021-0000, 16-21-407-022-0000, 16-21-407-023-0000
Property Type Industrial, Retail
Sub Type Auto Shop, Flex (+1)
Square Footage 2,700
Net Rentable (SqFt) 2,700
Cap Rate 8.89%
NOI $60,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Options M-T-M
Price per SqFt $250
Broker Co-Op Yes
Year Built 1960
Year Renovated 5
Buildings 1
Stories 1
Lot Size (SqFt) 12,600
Zoning CC,CICERO
Investment Type Owner/User
Occupancy Date 02/09/2026
Dock High Doors 1
Ownership Private

Retail Flex Space | 8.89% CAP | 2,700 SqFt

Marketing description

Premier Commercial Asset: 1600 S. Cicero Ave, Cicero, IL

High-Visibility Corner Lot | Turnkey Condition | Fully Updated

Seize the opportunity to own a meticulously maintained commercial brick building located on the high-traffic Cicero Avenue corridor. Situated on four city lots (4 PINs), this property combines a professional storefront with a high-utility industrial warehouse, offering a "plug-and-play" solution for investors or owner-users alike.

Property Highlights:

Immaculate Structure: ~2,700 SF brick building featuring a showroom, three private offices, a professional reception area, and three bathrooms.

Service Capabilities: Large heated service garage/warehouse featuring a loading dock and brand-new epoxy flooring.

Massive Secured Parking: The entire 4-lot site features brand-new blacktop and a new fence, comfortably accommodating up to 50 vehicles.

Current Income: Successfully leased to a welding school for $5,000/month, providing immediate cash flow. (Tenant will vacate if needed for owner user space).

Extensive Recent Capital Improvements:

This property has been completely overhauled with no expense spared, ensuring low deferred maintenance for years to come:

Structural & Exterior: New roof (5 years old), new support beams in the warehouse, new main sewer line, and updated plumbing.

Mechanicals: New Heating & A/C (3 years old), new furnaces, and a new circuit breaker/electrical system.

Interior Finishes: New fancy ceiling tiles, recessed lighting, and fresh epoxy floors throughout.

Security: State-of-the-art camera system installed for full interior and exterior coverage.

Strategic Location:

Located in the heart of Cicero’s commercial district, this property benefits from massive daily traffic counts and proximity to major thoroughfares like Cermak Road and Roosevelt Road.

Endless Possibilities: Formerly an operational dealership for many years, this site is ideal for an auto body shop, retail dealership, specialized trade school, or any business requiring high visibility and significant secure storage.

Don’t miss out on this rare, turnkey commercial opportunity!

Call Rocco for Showing Requests: 630.207.4434

Investment highlights

Key Highlights:

  • Optimal Flex Layout: Features a professional storefront with three private offices, a dedicated reception area, a showroom, and three bathrooms.

  • High-Utility Service Area: Includes a spacious, heated service garage equipped with 1 Loading Dock and 1 Drive-In Door (DID), perfect for logistics, automotive, or light manufacturing.

  • Massive Secured Lot: Situated on a 12,500 SF lot (4 city lots), providing a fully fenced and paved area capable of accommodating up to 45 vehicles—a rare find in this submarket.

  • Zoning & Potential: Zoned COMMR (Commercial Business Corridor), allowing for a wide variety of uses including retail, medical, service-oriented businesses, or specialized commercial flex space.

  • Strategic Location: Located just minutes from I-290 (Eisenhower Expressway) and I-55 (Stevenson), offering rapid access to the City of Chicago and the greater suburban market.

This property represents a "plug-and-play" solution for businesses requiring high security, heavy parking, and a professional presence on one of Cicero's most active thoroughfares.

Listing Contacts

Coldwell Banker Commercial Realty
Listed by Coldwell Banker Commercial Realty

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$60,000.00
$5,000.00/mo

Valuation Metrics

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DSCR
8.89%
Cap Rate
8.89%
ROI

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