1446 S 50th Ave - Churches FOR SALE


Cicero, IL 60804
$525,000 USD
815-483-1928
1446 S 50th Ave, Cicero, IL for Sale
$525,000 USD
Churches - FOR SALE
1/54
null | Request Cap Rate

1446 S 50th Ave
Cicero, IL 60804


HIGHLIGHTS

  • Heavy traffic
  • Next to a school

OVERVIEW

Check out this beautifully updated mixed-use building that offers a rare opportunity for both commercial and residential use. The first floor and basement are currently home to a spacious church, while the upper level features a fully renovated 4-bedroom, 2-bathroom apartment, perfect for comfortable living. The expansive main floor of the church provides a versatile space ideal for a place of worship, community events, or gatherings. The walk-out basement includes additional community space, as well as two additional bathrooms and is finished with modern touches, including canned lighting throughout. The upper residential unit offers a large 4-bedroom, 2-full bathroom apartment with spacious rooms and plenty of natural light. The unit also conveniently has its own washer/dryer. The building has been updated with new electric service, including 200 amp service on the main floor and 125 amp service upstairs, as well as updated copper plumbing throughout. Additionally, the building has all new drain line plumbing, along with the underground plumbing and drain tile, ensuring modern and efficient drainage systems. The property also boasts significant modern upgrades, including a new roof, three high-efficiency furnaces, and A/C units to ensure comfort in all seasons. A tankless hot water heater provides on-demand hot water, while new thermal panel windows and doors enhance energy efficiency and security. For outdoor enjoyment, the residential unit has direct access to a private rooftop deck, offering a serene space for relaxation or entertaining. This mixed-use building is perfect for those seeking a combination of residential and commercial space with modern updates, providing ample potential for a variety of uses. Whether you're looking for a home with space for your business or a property with additional rental opportunities, this property delivers the perfect blend of convenience, style, and functionality. Don't miss your chance to own this exceptional building!

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Cicero Church

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Funeral Home, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,437 SF

ZONING

B-2

APN/PARCEL ID

16-21-219-040-0000,16-21-219-041-0000

ASK ABOUT THIS PROPERTY

Jake WirtzWirtz Real Estate Group, Inc.More Info
815-483-1928

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Jake WirtzWirtz Real Estate Group, Inc.More Info
815-483-1928

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.