10522 S Cicero Avenue
Oak Lawn, IL, 60453 $ 1,749,900
Baths0.0 Sq 16,000 Monthly Estimate*
$ 11,630
Studio
for $1,749,900. This 16,000 square foot building was built in 1978 on a lot size of 0.11.
This stately 4-story 16,000sf elevator building is a prime real estate opportunity for sale, making it an ideal investment or business location. This versatile property offers numerous features that make it an attractive choice for many businesses and tenants. The building boasts a contemporary architectural design, presenting a professional and welcoming appearance to visitors and tenants. With four stories, this building provides ample space for various businesses and organizations. Each floor accommodates different-sized offices, catering to diverse leasing needs. The presence of an elevator ensures convenient accessibility for all tenants and visitors, making it a suitable choice for businesses requiring accessibility for all. The property offers ample parking facilities, ensuring hassle-free parking for tenants and their clients, even during peak hours. This feature is a significant advantage, especially in this high-traffic location. The building is fully leased. The building's flexible floor plans allow businesses to customize their space according to their specific needs, whether open office layouts, private offices, conference rooms, or collaborative spaces. Situated in the vibrant community of Oak Lawn, this building benefits from a prime location with easy access to major transportation routes, commercial centers, and residential neighborhoods. The property's location on Cicero Avenue offers high visibility and exposure, making it an ideal choice for businesses seeking to attract customers and clients. Oak Lawn is known for its amenities, including restaurants, shopping centers, parks, and more, providing convenience for employees and clients. Whether you're an investor looking for an investment property or a business owner searching for a strategic location, this building presents a valuable opportunity. Call today.
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FeaturesGeneralCooling Central Air
Possession Closing Specific
Zoning COMMR
Year Built 1978
Electric Service - 0 to 100 Amps
Tenant Pays Air Conditioning Electricity Heat
Stories 4
Township Worth
Property SubType Office
Tax Year 2022
Current Use Commercial
Gross Income 368577
County Cook
Net Operating Income 162958
Operating Expense 205619
Property Type Commercial Sale Office/Tech
Possible Use Commercial
Status Active
Directions Busy Cicero avenue to 10522. Impressive building parking off Cicero in Lot.
City Oak Lawn
MLS Area Oak Lawn
Lot Size Square Feet 20000
Street Name Cicero
Tax Annual Amount 128000
Additional Parcels Y/N Y
Leasable Area 4000
Days on Market 266
Lease Type Gross
Standard Status Active
Total Actual Rent 625
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ExteriorBuilding Area Total 16000
Lot Dimensions 158X135
Lot Size Acres 0.11
Frontage Type City Street
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
groebe7711@gmail.com;groebe7711@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,630
- Monthly Property Taxes
- $10,667
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Oak Lawn, IL
Average List Price $1,121,089
Percent of Sale Price 36%
About Oak Lawn, IL 55,977 Population
1% Since 2002
$ 59,270 Median Income
40.85 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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9/13/2023 | $0 | -100.00% | Price Down |
9/12/2023 | $25 | | Listed Price |