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Last updated on November 12th, 2024

Crestwood Center | 8.75% Cap

$2,400,000

13801 S Cicero Ave, Crestwood, Illinois 60445


Building Size13,325 Square Feet
Land Size1.53 Acres
ZoningCommercial
ParkingAmple
Year Built1979
Traffic Counts40,200

CRESTWOOD CENTER | 8.75% Cap | 100% Fully Leased Retail Center Opportunity | Crestwood (CHICAGO MSA)

  • 13,325 SF 100% Fully Leased Multi-Tenant Retail Center Opportunity
  • Positioned On Hard Corner of 138th St & Cicero Ave
  • Outstanding Frontage, High Visibility, & Easy Access Site
  • Situated on a Heavily Traveled Primary Retail Commercial Corridor Cicero Ave
  • Robust Traffic Counts | 40,200+ VPD
  • Long-Term Established Tenants in Place | E-Commerce Resistant Tenant Mix
  • Extensive Capital Improvements Done to The Property Over the Past Few Years: New Façade Added to Retail Center & New Parking Lot
  • Abundant Parking - Front, Side & Rear of Center
  • Ideally Located in Densely Traveled Retail Thoroughfare Corridor Surrounded Near Numerous National & Regional Retailers
  • Nearby Huge Traffic Generators: Menards, Walmart, McDonald's, Kohl’s, Target, Menards, Starbucks, Portillo’s, Raising Cane's, AMC Theaters, Aldi to Name a Few
  • Densely Populated Area | 261,362 People Within a 5-Mile Radius of Property w/ an Average Annual Household Income in Excess of $119,374
  • Within Proximity to I-294 Interchange (104,700 VPD) & I-57 Interchange (111,400 VPD)
  • Priced Below Replacement Cost @ $180.11 PSF
  • Priced at a True 8.75% Cap Rate

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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