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5701 W Roosevelt Road Cicero, IL 60804

$1,700,000
Contingent / MLS# 12319200 / Multi Unit - Retail / Cicero
0 Beds
15547 SqFt

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.

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 7,850.94 per month $3,777.78 Principal & Interest $3,577.33 Property Tax $495.83 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Retail
Cooling: Window Unit(s)
Lot Size: 0.24 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $42,928
Year Built: 1928

Feature Descriptions

Current Use: Multi-Family
Drains: Balcony/ies, Courtyard, Enclosed Stairs, Fire Escape
Electric: Circuit Breakers
Exterior: Brick
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Central Heat/Indiv Controls, Hot Water
Location: Central Business District, Corner, Mixed Use Area, Out Lot of Shopping Center
Lot Dimensions: 125 X 60
Miscellaneous Outdoor: Balcony/ies, Courtyard, Enclosed Stairs, Fire Escape
Parcel#: 16202050070000
Potential Use: Commercial, Multi-Family, Retail
Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
Units: 18
Utilities: Water Available

Location

See details and scored characteristics about this location.

Listing Office: Coldwell Banker Commercial NRT

Listing Office Phone: 312-860-4043



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