Property Description

Rare opportunity to acquire a fully stabilized neighborhood shopping center in one of Chicagoland's most densely populated retail corridors. Strategically located just three blocks south of I-290 in the heart of Cicero's Island neighborhood, this asset serves as a primary shopping destination with excellent visibility and accessibility. The property is fully occupied with a strong WALT of approximately 6 years as of June 1, 2026, offering immediate and predictable cash flow. Recent capital improvements include a new roof, new parking lot, and approximately half of HVAC units replaced, creating a truly low-maintenance investment opportunity. Benefiting from over 19,500 vehicles per day and a consumer base of more than 350,000 residents within a 3-mile radius, this asset combines stable in-place income, strong demographics, and long-term location fundamentals in a proven infill retail market.

Property Features