Last updated on December 9th, 2024
Crestwood Center | 8.75% Cap
$2,400,000
13801 S. Cicero Avenue, Crestwood, Illinois 60445
Building Size | 13,325 Square Feet |
Land Size | 1.53 Acres |
Zoning | Commercial |
Parking | Ample |
Year Built | 1979 |
Traffic Counts | 40,200 |
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.