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Sherwin Williams 12141 S Cicero Ave, Alsip, Illinois, 60803

 
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Verified : 2/3/2016 Sold

Sherwin Williams 12141 S Cicero Ave, Alsip, Illinois, 60803

$1,635,000.00   / ForSale

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Property Highlights

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$1,635,000.00
Sale Price:
$1,635,000.00
Price/SF:
Unlisted
CAP Rate (%):
5.5
NOI:
Unlisted
Net Lease:
Unlisted
Gross Leasable Area (SF):
Unlisted
Total Lot Size (SF):
26,572
Occupancy (%):
Unlisted
Population Range:
Unlisted
Household Income:
Unlisted
Traffic Counts:
Unlisted
County:
Unlisted
Zoning:
Unlisted
Market:
Unlisted
Submarket:
Unlisted
Lot:
Unlisted
Block:
Unlisted
Bldg. Size:
5,257
Net Rental Area:
Unlisted
Number Of Floors:
Unlisted
Number Of Units:
1
Year Of Build:
Unlisted
Year Of Renovation:
Unlisted
Vacant SF:
Unlisted
Price/SF:
Unlisted
Parcel Number:
Unlisted
Tenancy Type:
Unlisted
Construction Status:
Unlisted
Construction Type:
Unlisted
Sprinkler:
Unlisted
Owner Occupied:
Unlisted
Parking Ratio:
Unlisted
Parking Cost:
Unlisted
Mass Transit:
Unlisted
CAM:
Unlisted
Utilities:
Unlisted
Price Per Acre:
Unlisted
Divisible:
Unlisted
Divisible Min:
Unlisted
Divisible Max:
Unlisted
Property Taxes:
Unlisted

Property Description

Quantum Real Estate Advisors, Inc. (“QREA”) has been retained to exclusively offer for sale a 5,257 square foot single-tenant retail building located at 12141 South Cicero Avenue in Alsip, IL. The free-standing building is leased to Sherwin-Williams on an original 10 year net lease. The building underwent a complete gut rehab in 2015 and sits on 0.61 acres with ample parking for customers in the rear. Sherwin-Williams benefits from many major retailers along Cicero Avenue bringing traffic to the area and is located directly across the street from the Quarry Plaza which includes: Home Depot, LA Fitness, Hair Cuttery, ATI, Jimmy Johns, and more.

Location Description

The site benefits from excellent visibility from Cicero Avenue, which sees over 45,000 vehicles per day. Additionally, the site is located 1/2 mile off the Tri-State Tollway (I-294), with 111,000 VPD, providing convenience for area customers as well as Sherwin-Williams outbound delivery service. Cicero Avenue is a major transportation route throughout the Chicago metropolitan region. In 2014, the Southwest Conference of Mayors (SCM) completed a transportation, land use and economic development planning study for the Cicero Avenue Corridor and the improvements strengthen the economic vitality of the communities along Cicero Avenue, and improve transportation function and mobility.