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Listing provided courtesy of Pearson Realty GroupMREDas Distributed by MLSGrid- MLS# 12209758MLS Provider

5000 W 16th StreetCicero, IL 60804

Commercial
$14 Active

5000 W 16th Street Overview

Time on Site:
579 days
Visits:
13

Only 2 retail spaces and 1 storage area left which including a prime corner with high visibility and full basement. Currently all spaces are raw and ready for your vision. Surrounded by Residential, businesses, community centers, schools and conveniently located near transit stops and I- 290. Each space has bright interior and repeat neighborhood traffic. Note, the Town of Cicero will not allow liquor or gaming machines at this location. All potential tenants are required to apply for a business license with the Town of Cicero to ensure the space is suitable for their intended operations. Don't miss this opportunity to establish your business location surrounded by housing , parks and schools. Street Parking Available. Ideal for short stop parking for quick visits. Contact listing agent for tour.

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5000 W 16th Street Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: N/A
  • Net Operating Income: 0

Building Information

  • Year Built: 1990

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Cicero

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $32,549.00
  • Tax Year: 2022

General Information

  • Property Sub Type: Other
  • Property Type: Commercial Lease

Interior

General Information

  • Cooling: Central Air, Chillers
  • Electric: Circuit Breakers
  • Leasable Area: 2000
  • Stories: 1

Unit Information

  • Unit SqFt.: 1000

Exterior

5000 W 16th Street Neighborhood

Community

60804 (CICERO) Demographics

32
Median Age
10,436
Population Density (per sq. mile)
15%
College Educated
$53,750
Estimated Median Income
11,773
Estimated Total Home Owners
10,935
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5000 W 16th Street Market Data

Based on the last 30 days in this zip code

$288,473
Average List Price
$215
Average Price per Square Foot
9
Properties Sold
66
Average Days on Market
68
Properties for Sale
Calculations provided by Reliance Network

5000 W 16th Street History

Date Event Value Agent
3/22/2025Source: MRED Status Change
Active
3/17/2025Source: MRED Price Reduction
$14 -26.3%
3/17/2025Source: MRED Status Change
Price Change
2/10/2025Source: MRED Status Change
Active
2/5/2025Source: MRED Price Reduction
$19 -99.3%
2/5/2025Source: MRED Status Change
Price Change
12/2/2024Source: MRED Status Change
Active
11/27/2024Source: MRED Added to Database
November 27, 2024
8/26/2024Source: MRED Status Change
Closed
8/26/2024Source: MRED Status Change
Closed
4/29/2024Source: MRED Status Change
Contingent
4/29/2024Source: MRED Status Change
Contingent
3/17/2024Source: MRED Status Change
Active
3/17/2024Source: MRED Status Change
Active
3/12/2024Source: MRED Added to Database
March 12, 2024
3/12/2024Source: MRED Added to Database
March 12, 2024