Address
5434 W 25th Street, Cicero, IL
Price
$ 825,000
Property Attributes
  • MLS#11790947
  • TypeMulti-Family
  • CountyCOOK
  • CityCicero
  • AreaCicero
  • Zip60804
  • StyleMulti-Family
  • Year Built1914
  • Taxes$ 15656
  • Price$ 825,000
  • Bedrooms13
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

AGENT OWNED. This is a great multi-family investment building. The building was converted from 7 units to 5 units in 2018 due to city compliance requirements. The building was completely rehabbed with new water lines, drains, and electrical. New roofs were installed above all residential spaces in 2019. New boiler, hot-water tank, and sump pumps were installed in 2020. The apartments have been updated with modern finishes, such as granite counter tops, stainless steel appliances, hardwood floors, ceramic bathroom floors, double vanitie in each of the 4 bed apartments, large walk-in showers in the upstairs apartments, roof top patio/walkway, and other upgrades. This building generates high income from the 5 units in the building and the two car garage. Very little maintenance is ever required since being rehabbed. All tenants are on long term leases and pay on time! If you have a buyer looking for an investment property generating a lot of income with few tenants, and requires low amount of maintenance and upkeep this is it! There are no furnaces or individual water takes to maintain, just a boiler and a large hot water tank which supplies the building. The current owner uses the basement for storage of his personal property management material. Two buildings to the west of the property there is a brand new laundromat.

Price History
5/24/2023 Listed $789,000

General Features

Cooling Window Unit(s)
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1914
Electric Circuit Breakers
Tenant Pays Electricity,Other
Stories 3
Township Cicero
Tax Year 2021
Current Use Multi-Family
Gross Income 96600
County Cook
Net Operating Income 67526
Operating Expense 29074
Insurance Expense 4618
Property Type Commercial Sale
Possible Use Multi-Family
Status Active
Directions Laramie to 25th St,W to property
City Cicero
Total Units 5
MLS Area Cicero
Street Name 25th
Tax Annual Amount 15656.1
Electric Expense 575
Fuel Expense 5025
Trash Expense 2305
Water Sewer Expense 2800
Additional Parcels Y/N No
Days on Market 280
Standard Status Active
Property Type Multi Family 5+

Interior Features

Street Suffix Street
Basement Unfinished,Storage Space

Exterior Features

Lot Dimensions 27 X 125
Frontage Type City Street,Alley Access
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60804

Price
AVG $480K
$830K
Taxes
AVG $7,905
$15,656
Visits
AVG 179
1258
Data Provided by Inside Real Estate®
Year Built
AVG 1917
1914
Walkscore
AVG 73
79
Data Provided by Walkscore® not using MLS data

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