5701 W Roosevelt RD Active

Cicero,IL 60804

$ 1890000

- Bed

0 Bath

15547 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 15,547 sqft

Price per Sqft $121

MLS Listing ID 12319200

Maintenance Fees $99,999

Year Built 1928

Annual Tax Amount $37,525

Tax Year 2023

Property Sub-Type Multi Family 5+

Property Description

The Proano Commercial Group is pleased to present a compelling investment opportunity at 5701 W. Roosevelt Road in Cicero, Illinois. This turnkey 18-unit mixed-use property features two commercial storefronts and sixteen residential apartments, including a mix of studios, one-bedroom, and two-bedroom units. The building for the most part renovated, enjoys high occupancy, and is efficiently operated with separate utilities and individual furnaces. Situated just one mile from I-290 and approximately nine miles from downtown Chicago, the asset sits on a prime corner lot and includes an adjacent vacant parcel, offering a unique opportunity for future development or additional income streams.

Location

State IL

County Cook

Area Cicero

Zoning MULTI

Interior

Cooling Window Unit(s)

Exterior

Utilities Available Water Available

Roof Type Rubber

Building

Dwelling Type Multi Family 5+

Structure Type Brick

View More
Favorite Go Tour