Address
5829 W 16th Street, Cicero, IL
Price
$ 499,000
Property Attributes
  • MLS#12030703
  • TypeCommercial
  • CountyCOOK
  • CityCicero
  • AreaCicero
  • Zip60804
  • Style
  • Year Built1926
  • Taxes$ 8644
  • Price$ 499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3642
  • Lot Size3,912 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Beautiful Mixed Use property (FHA Approved - 75% Residential) with new exterior front brick in Cicero. Located on the highly visible 16th street Business Corridor adjacent to Paisans Pizza. The property is viewed by thousands of daily commuters and is aligned with various businesses. This perfect investment property consists of 4 units total, 3 residential units with good tenants and a retail storefront currently operated as a beauty salon. Come bring your vision to life with your next beautification business. The Salon is renovated and gives the customers that inviting feeling . This established business with good flow of customers will include the 4 salon stations, 2 Sinks, and the front desk; excluded are the appliances within the apartments. Property is well maintained and upgrades have been done on the electrical and roof. All utilities bills separate on electrical, heating and AC. Detached 2 car garage with apron door for extra space. Easy access to the expressway. Make your appointments

Price History
4/16/2024 Listed $499,000

General Features

Cooling Central Air
Possession Closing,Immediate,Negotiable
Roof Rubber,Tar and Gravel
Zoning OTHER
Construction Materials Brick,Concrete,Split-face Block
Year Built 1926
Electric Circuit Breakers
Tenant Pays Electricity,Heat,Other
Stories 2
Township Cicero
Property SubType Apts/Stores
Tax Year 2022
Gross Income 52800
County Cook
Operating Expense 7054
Insurance Expense 3454
Property Type Commercial Sale
Possible Use Multi-Family,Retail
Status Active
Directions 290 West Central North To 16th West
City Cicero
Total Units 4
MLS Area Cicero
Lot Size Square Feet 3912
Street Name 16th
Tax Annual Amount 8644.22
Fuel Expense 2400
Water Sewer Expense 1200
Additional Parcels Y/N No
Days on Market 6
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Street

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 3642
Lot Dimensions 30 X 125
Exterior Brick,Block

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 $550K
$500K
Taxes
AVG $10,908
$8,644
Visits
AVG 83
16
Data Provided by Inside Real Estate®
Year Built
AVG 1929
1926

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