4765 Cermak RdCicero, IL 60804

This exceptional investment opportunity presents a fee-simple ownership of a 3,055 square foot single-tenant retail building, currently occupied by a credit-rated national bank. Located at 4765 W Cermak Rd, Cicero, IL 60804, this property boasts a 7.81% cap rate and a substantial net operating income (NOI) of $250,000. The absolute triple-net (NNN) lease, with zero landlord responsibilities, extends until September 1, 2027, with a remaining term of approximately 2.8 years. The lease features four, 5-year options with a 10% rent escalation clause, providing a strong hedge against inflation. Built in 2005, the one-story building sits on a 0.57-acre lot and benefits from its location in a dense urban area, within a three-mile radius of over 320,000 residents. The tenant, a leading financial institution, has demonstrated a long-term commitment to the site, recently upgrading the parking lot and adding a drive-thru lane. The property's proximity to I-290 and nearby national retailers further enhances its value and appeal. The asking price is $3,200,000, translating to a price per square foot of $1,047.46. This is a rare opportunity to acquire a stable, high-performing investment property with significant upside potential.