7910 Cicero AveBurbank, IL 60459

Property Details for 7910 Cicero Ave

Year built

1971

Lot size

8.41 AC

Property type

Grocery and convenience stores

APN

19-33-200-007

APU

1933200007

Description

This exceptional 1,300 square foot retail space, located at 7910 S. Cicero Avenue in Burbank, Illinois, presents a fantastic opportunity for a supermarket or similar business. The entire space is currently vacant, offering a blank canvas for a new tenant to customize to their specific needs. Situated in Cook County, this property boasts high visibility and accessibility, making it an ideal location to attract a substantial customer base. The building's total square footage is 1,300 square feet, ensuring ample room for operations and inventory. The property is classified as a retail space with a supermarket subtype, indicating its suitability for grocery stores, convenience stores, or other similar retail ventures. The multiple tenancy designation suggests the potential for future expansion or shared space arrangements, depending on the tenant's requirements. The address, 7910 S. Cicero Avenue, Burbank, IL 60459, provides easy access for both customers and suppliers. This prime location offers significant potential for growth and success in a thriving community. The property is available for lease, presenting an immediate opportunity for a discerning business owner to establish a strong presence in the Burbank market. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers.

• CAP approach

  CAP return

  Valuation

  6%

  $173,064,912

  6.5%

  $159,752,224

  7%

  $148,341,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $120,243,776

  Geo Method

  $120,243,776

• Alternative Use

  Use

  Valuation

  Residential

  $134,756,976

  Hospitality

  $123,436,672

  Educational

  $102,697,864

  Medical

  $106,229,800

  Retail

  $159,752,224

Location Insight

City

Burbank

County

Cook

State

Illinois

Latitude

41.7475

Longitude

-87.7422

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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