For Sale
$99,000

5115 Cermak RdCicero, IL 60804

High-traffic storefront, immense potential.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 7,500-square-foot retail storefront, located at 5115-17 W Cermak Rd in Cicero, Illinois, presents a unique investment opportunity. Priced at $99,000, this property offers a compelling price per square foot of $13.20. Built in 1942, the property consists of two separate buildings, each contributing to its substantial size and potential for diverse uses. The property sits on a busy stretch of Cermak Road, boasting an estimated 22,863 daily vehicles in 2023, ensuring high visibility and foot traffic. This prime location within Cook County, Illinois, is zoned R-4, allowing for a range of development possibilities. The property is being offered by the Cook County Land Bank Authority, providing a streamlined acquisition process. Investors, developers, and business owners alike will find this property an attractive proposition, given its size, location, and the potential for significant returns. The substantial square footage and dual-building structure offer flexibility for various retail ventures or adaptive reuse projects. This is a rare chance to acquire a well-positioned commercial property in a thriving area at an attractive price point. The high traffic counts and R-4 zoning make this an ideal opportunity for those seeking a strong investment in a high-demand location.

Property Details for 5115 Cermak Rd

Property type
Retail properties, Retail space
Square Feet
7,500 SF
Year Built
1942

Location Insight

City
Cicero
County
Cook
State
Illinois
Latitude
41.8506975
Longitude
-87.7526139
5115 Cermak Rd, Cicero, Illinois

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5115 Cermak Rd
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