5801 W 16th St - Multi-Family FOR SALE


Cicero, IL 60804
$795,000 USD
818-439-6601
5801 W 16th St, Cicero, IL for Sale
$795,000 USD
Multi-Family - FOR SALE
1/61
null | 8.39% Cap Rate

5801 W 16th St
Cicero, IL 60804


HIGHLIGHTS

  • Highly upgraded and well maintained
  • Corner Storefront or Office generates additional $2000/month income
  • Current Beauty Salon business also available to purchase or operate

OVERVIEW

INCREDIBLE OPPORTUNITY! This mixed-use property is superbly upgraded and beautifully maintained. 4 gorgeous, fully appointed apartments and a fabulous corner storefront, currently used as a beauty salon, plus 2-car garage. Sale also includes the adjacent lot, which currently is used as wonderful outdoor space for the tenants! Perfect property for an Owner-User. Run your business, live in the deluxe 3br apartment, and collect rent from the other 3 apartments (2x-2BR, 1BR studio)! Amazing investment with so many options. Call for more details about status of current ownership and occupancy.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

5

PRICE/UNIT

$159,000

CAP RATE

8.39%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cicero Mixed-Use, 4 Apts + Corner Store Front

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,412 SF

ZONING

-

APN/PARCEL ID

16-20-403-010-0000

ASK ABOUT THIS PROPERTY

Anthony MagnoneKeller Williams ONEChicagoMore Info
818-439-6601

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Anthony MagnoneKeller Williams ONEChicagoMore Info
818-439-6601

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