1821 S 54TH AVE

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1821 S 54TH AVE

CICERO, IL 60804
Asking Price
$975K
Asset Type
Distribution Industrial
Class
Class B

What's Special

Vacant Industrial or Land for Re-Development <ul><li>​Prime Infill Development Site - 106,286 Square Feet Land = $9.17 per Square Foot </li><li>​Existing 47,281 Square Foot Vacant Building - Zoned Light Industrial ( L - I ) </li><li>​Dense Industrial Submarket - Over 25 Percent Jobs Tied to Industrial/Logistics Sectors </li><li>​Cicero is Home to One of the Largest Intermodal Rail Hubs in the Midwest - Connects Four Major Rail Lines </li><li>​Adjacent to Railroad Tracks</li></ul>

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NOI
$80,000
Cap Rate
8.21%
DSCR
1.38
Strong
Cash-on-Cash
7.56%
Monthly Payment
$4,823.768
Annual Cash Flow
$22,114.784

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