Seller Financing
Address
14812 Cicero Avenue, Oak Forest, IL
Price
$ 749,900
Property Attributes
- MLS#11909527
- TypePending
- CountyCOOK
- CityOak Forest
- AreaOak Forest
- Zip60452
- Style
- Year Built1975
- Taxes$ 57311
- Price$ 749,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10888
- Lot Size2,500 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
SELLER FINANCING AVAILABLE! SVN proudly presents this amazing investment opportunity in Oak Forest along busy Cicero Ave. This three-unit fully occupied shopping center houses two historic tenants who are prominent in the area. Tenants have been at this location for many years, however, they entered short-term leases during Covid. C&M Awards only occupies half of 14814's front retail space. There is room for an additional tenant to share the space, or the new owner could lease the entire space for more than what is currently being collected. There is a small basement, laundry room, and one drive-in-door attached to the main retail building. Additionally, this sale will include a two-unit rental house which is located behind the retail building. Originally built as a home for the previous owner then converted into a rental when the current owner took over. Both buildings have been meticulously maintained and the retail building boasts a newer facade and regularly restriped parking lot. This property also includes a marquis sign for enhanced street visibility. There is ample parking in the front and the back of the building. Easy plug-and-play for the right investor, or potential live-where-you-work scenario. The taxes are currently being appealed. The building is in a TIF district.
| Price History | |
|---|---|
| 10/16/2023 | Listed $850,000 |
| 12/7/2023 | 12% - $749,900 |
General Features
| Cooling | Central Air |
|---|---|
| Year Built | 1975 |
| Electric | Circuit Breakers,Service - 101 to 200 Amps,Service - 201 to 600 Amps |
| Tenant Pays | Common Area Maintenance,Electricity,Heat,Varies by Tenant |
| Stories | 2 |
| Township | Bremen |
| Property SubType | Apts/Ofc/Store,Automotive,Apts/Ofc,Apts/Stores,Ofc/Store |
| Tax Year | 2021 |
| Gross Income | 123574 |
| County | Cook |
| Insurance Expense | 4200 |
| Property Type | Commercial Sale |
| Status | Pending |
| Directions | From 147th/Cicero intersection head south 1 block on Cicero Ave,property is located on the west side of the street. |
| City | Oak Forest |
| Total Units | 6 |
| MLS Area | Oak Forest |
| Lot Size Square Feet | 2500 |
| Street Name | Cicero |
| Tax Annual Amount | 57311 |
| Electric Expense | 2165 |
| Water Sewer Expense | 892 |
| Additional Parcels Y/N | Yes |
| Days on Market | 179 |
| Standard Status | Pending |
| Property Type | Mixed Use |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Building Area Total | 10888 |
|---|---|
| Lot Dimensions | 100X250 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 60452
Price
Taxes
Visits
Year Built
Walkscore
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 18, 2024 10:49 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 18, 2024 10:49 PM UTC
