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5028 W 31st Place Cicero, IL 60804

$899,000
Active / MLS# 12034189 / Multi Unit - Multiple / Cicero
0 Beds
7250 SqFt

BROKER OWNED. Large 6 unit multi-family investment property with a large two car garage and storage spaces for rent in garage. The property's interiors have been renovated since purchase in 2015. Parking spaces (2), and storage spaces (7) available at garage and driveway for rent . Additionally, the owner holds generous security deposits. Owner of building pays for water, common electric and garage electric. Tenants pay for their own gas heat, cooking gas, water heat, and electric. All units have been remodeled since 2016. In 2023 the owner replaced all roofing, as well as the hardy board siding from ground level to 6 ft height around the perimeter of the building plus foam board insulation, and fully gutted and rehabbed the largest unit in the building in 2024- a 4 bedroom 2 bathroom (one new full bath was added), installed insulation in ceilings around the building, and added a master walk-in closet to the south lower level unit. Given the substantial rents collected every month, this is a great property for any investor! see photos and additional info.

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 3,531.07 per month $1,997.78 Principal & Interest $1,271.08 Property Tax $262.21 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: None
Lot Size: 5,626
Roof Type: Composition, Membrane
Stories: 2.0
Taxes: $15,253
Year Built: 1914

Feature Descriptions

Drains: Patio
Exterior: Wood, Brick, Frame, Other
HVAC: Forced Air, Gas
Lot Dimensions: 5626
Miscellaneous Outdoor: Patio
Parcel#: 16332020160000
Parking: 1-5 Spaces, Assigned Spaces, Fee Parking, Parking-Street
Potential Use: Multi-Family
Tenant Pays: Electricity, Heat, Hot Water
Units: 6

Location

See details and scored characteristics about this location.

Listing Office: Skydan Real Estate Sales, LLC

Listing Office Phone: 708-450-0110



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