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Listed by Paul Proanoof Coldwell Banker Commercial NRT
$ 1,850,000
Est. payment /mo
Price Dropped by $40K
5701 W Roosevelt Road Cicero, IL 60804
15,547 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 15,547 sqft
Price per Sqft $118
MLS Listing ID 12319200
Year Built 1928
Annual Tax Amount $42,928
Tax Year 2023
Lot Dimensions 125 X 60
Property Sub-Type Multi Family 5+
Property Description
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.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Cellar
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Water Available
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter
Structure Type Brick
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