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15345 Cicero Avenue, Oak Forest, IL 60452

$289,900

  • Sold
  • Closed
  • Commercial
  • 6,943 Sq. Ft.
  • 20 Parking Spaces
15345 Cicero Avenue, Oak Forest, IL 60452 View this property at 15345 Cicero Avenue, Oak Forest, IL 60452
15345 Cicero Avenue Oak Forest IL 60452

Map & Location

Property Description

Excellent investment opportunity to own this Fully Rented, 4-unit, one story 7,000+- sq ft Brick Commercial/Industrial building on busy Cicero Ave, with over 32,000 cars/day traffic. This includes the parking lot to the north of the property (85X285 ft lot). Gross income is $65,340, with taxes & insurance of $14,324. That leaves $51,016 to cover debt service. The capitalization rate is 17%. 2 rented storefront units (one 1100+- sq ft, and one is 2700+- sq ft) with two-year tenants. One is a State Farm office, the larger is a coin/collector's shop. In addition, one 1500+- pure storage unit and a second 1500+- sq ft space is leased to a heating/AC company. Also, there's a fenced-in yard for the industrial spaces and the rear of the building.

Full Property Details for 15345 Cicero Avenue

  • Sold For: $289,900
  • Taxes: $12,573 (2015)
  • Status: Closed
  • Type: Commercial
  • MLS ID: 09370499
  • Added: 279 day(s) ago

Property History

  • 15345 Cicero Avenue, Oak Forest, IL
  • Sold at $289,900 on 12/13/16
  • Listed at $299,900 on 10/19/16

Location

  • County: Cook
  • Driving Directions: 159th Street, North to address, property on East side of street

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Structural Information

  • Square Feet: 6,943
  • Year Built: 1978

Lot Features

  • Lot Dimensions: 85 x 285
  • Zoning: COMMR

Financial Considerations

  • Tax Amount: $12,573
  • Tax Year: 2015

Listed by R M Post Realtors
Sold by Century 21 Affiliated

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15345 Cicero Avenue, Oak Forest, IL 60452 (MLS# 09370499) is a Commercial property that was sold at $289,900 on December 13, 2016. Want to learn more about 15345 Cicero Avenue? Do you have questions about finding other Commercial real estate for sale in Oak Forest? You can browse all Oak Forest real estate or contact a Coldwell Banker agent to request more information.

Listed by R M Post Realtors
Sold by Century 21 Affiliated

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