Address
5607 W Roosevelt Road, Cicero, IL
Price
$ 397,000
Property Attributes
  • MLS#12021326
  • TypeCommercial
  • CountyCOOK
  • CityCicero
  • AreaCicero
  • Zip60804
  • Style
  • Year Built1924
  • Taxes$ 7310
  • Price$ 397,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4700
  • Lot Size3,125 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Be the owner of this prominently placed, meticulously and well-maintained Mixed-Use Property with a storefront/office w/basement on the first floor and two three-bedroom 6-Room apartments on 2nd & 3rd Floors. Full basement and overhead sewers. Two Car Garage w/newer roof & back porch. Please see additional documentation for current and projected rents and income. Impressive numbers and investment is priced very well and attractive for serious investors. Easily achieve an 11% cap rate!!!

Price History
5/3/2024 Listed $397,000

General Features

Cooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1924
Electric Circuit Breakers
Tenant Pays Air Conditioning,Electricity,Heat
Stories 3
Property SubType Apts/Stores
Tax Year 2021
Gross Income 45600
County Cook
Net Operating Income 32707
Operating Expense 12895
Insurance Expense 2997
Property Type Commercial Sale
Status Active
Directions Property sits just west of Central Ave on Roosevelt in Cicero
City Cicero
Total Units 3
MLS Area Cicero
Lot Size Square Feet 3125
Street Name Roosevelt
Tax Annual Amount 7310
Water Sewer Expense 2500
Additional Parcels Y/N No
Virtual Tour https://tours.databasedads.com/4603723/5607-W-Roosevelt-Road-Cicero-IL?u=1
Days on Market 35
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 4700
Lot Dimensions 25 X 125
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 Commercial Average in 60804

Price
AVG $530K
$400K
Taxes
AVG $10,547
$7,310
Visits
AVG 92
12
Data Provided by Inside Real Estate®
Year Built
AVG 1927
1924

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