Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire 100% fee-simple interest in the Cicero Avenue Portfolio, a 1.7-acre mixed-use, transit-oriented development (TOD) site and restaurant business assemblage located at 2100-2125 S. Cicero Avenue in Cicero, Illinois.
The portfolio provides 600 feet of frontage along Cicero Avenue (31,800+ VPD), one of the town’s primary commercial corridors, and sits directly adjacent to the Cicero CTA Pink Line Station.
2100-2124 S. Cicero Avenue features a ±22,295 square foot mixed-use building on ±37,082 square feet of land, comprised of four (4) three-bedroom/one-bathroom units and six (6) storefronts, subdivided into four retail units. The second floor includes an event space that can be converted back to a two-bedroom/two-bathroom unit. Building amenities include 41 parking spaces, a two-car garage, three basements, and a rear outdoor entertainment area.
2101-2125 S. Cicero Avenue is a ±36,575 square foot parking lot consisting of 300 feet of frontage along Cicero Avenue and ±107 parking spaces. The transit-oriented site is zoned C-2 Central Commercial, permitting a diverse range of uses, including retail, mixed-use, office, and more.
In addition to the two real estate assets, the sale includes Taqueria Aguascalientes (2100-2112 Cicero Ave), a well-established Mexican restaurant with over 35 years in business, along with its furniture, fixtures, and equipment (FF&E). The authentic Mexican restaurant has been featured in numerous food articles, including Chicago Magazine, Sun-Times, Reader, and Chicago’s Best.
The town of Cicero has identified the ±73,657 square foot portfolio as a strategic redevelopment opportunity in its Cicero 2040 Vision Plan, highlighting its importance in the community’s long-term urban planning and growth objectives.
The Cicero Avenue Portfolio offers a rare opportunity to acquire a 1.7-acre mixed-use and redevelopment portfolio situated on 600 feet of frontage along Cicero Avenue and adjacent to the Cicero CTA Pink Line.
⦿ STRATEGICALLY LOCATED + CONVENIENT TRANSPORTATION
⦿ PRIME TRANSIT-ORIENTED DEVELOPMENT SITE
⦿ VALUE-ADD MIXED-USE
⦿ TURNKEY MEXICAN RESTAURANT WITH COMPLETE FF&E