Shopping Centers in Cicero, Illinois, offer a unique investment opportunity for those looking to capitalize on the town's growing commercial sector. With a population of approximately 85,000 residents, Cicero provides a diverse customer base for businesses. Shopping Centers in Cicero can represent a range of investments, from small strip malls to larger retail complexes. The town's infrastructure, including transportation services provided by Metra's BNSF Line and the CTA Pink Line, as well as multiple Pace and CTA bus routes, makes it an attractive location for businesses. Additionally, Cicero is home to Morton College, a public community college that offers a variety of associate degree programs, vocational training, and continuing education courses. The town's amenities, such as the Cicero Community Park, Warren Park, and Hawthorne Park, provide a high quality of life for residents. With its rich history, diverse population, and growing commercial sector, Cicero is an excellent place to invest in a Shopping Center.
Currently, there are 2 Shopping Centers for sale in Cicero, offering a range of investment opportunities. The average price per square foot for Shopping Centers in Cicero is $163 USD, with an average size of 27,448 square feet. The largest Shopping Center available for sale is 30,366 square feet. In addition to Shopping Centers, Cicero also offers other investment opportunities, including Restaurants, Specialty Properties, Land, and Office Properties. For example, Restaurants in Cicero can benefit from the town's diverse population and growing commercial sector. Specialty Properties, such as the Chodl Auditorium inside Morton East High School, offer unique investment opportunities. Land in Cicero can be used for a range of purposes, from development to agriculture. Office Properties in Cicero, such as those located near the Metra's BNSF Line, offer convenient access to public transportation. With its diverse range of investment opportunities, Cicero is an attractive location for businesses and investors.
What is the average cap rate for shopping centers in Cicero?
The average cap rate for shopping centers in Cicero is , making it an attractive option for investors looking to capitalize on the town's growing commercial sector and diverse population.
