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5607 W Roosevelt Road

Cicero, IL 60804
  • $398,000
  • STATUS: Active
  • ON SITE: 129 Days
  • MLS #: 12021326
UPDATED: 31 min ago
$398,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1924
County:
Area:

School Ratings & Info

Description

Be the owner of this prominently placed, meticulously and well-maintained Mixed-Use Property with a storefront/office w/basement on the first floor and two three-bedroom 6-Room apartments on 2nd & 3rd Floors. Full basement and overhead sewers. Two Car Garage w/newer roof & back porch. Please see additional documentation for current and projected rents and income. Impressive numbers and investment is priced very well and attractive for serious investors. Easily achieve an 10.5% cap rate!!! current is 8.81%!!!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-09-10T12:07:18.167 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5607 W Roosevelt Road Cicero, IL 60804

  • Price: $398,000
  • Status: Active
  • On Site: 129 Days
  • Updated: 31 min ago
  • MLS #: 12021326
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1924
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Be the owner of this prominently placed, meticulously and well-maintained Mixed-Use Property with a storefront/office w/basement on the first floor and two three-bedroom 6-Room apartments on 2nd & 3rd Floors. Full basement and overhead sewers. Two Car Garage w/newer roof & back porch. Please see additional documentation for current and projected rents and income. Impressive numbers and investment is priced very well and attractive for serious investors. Easily achieve an 10.5% cap rate!!! current is 8.81%!!!
Exterior Features

Exterior Building Type Brick

Interior Features

Cooling Central Air Heat Ventilation Forced Air

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 4700 Built Before1978 YN Yes Electric Circuit Breakers Fire Protection Smoke or Fire ProtectorsCarbon Monoxide Detector(s) Geographic Locale Chicago West Gross Income 50400 Gross Scheduled Income 50400 Insurance Expense 2997 Mls Actual Status Active Net Operating Income 35073 Operating Expense 15327 Property Sub Type Apts/Stores Rental Price 7.2 Tax Annual Amount 9830 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 4200 Type Mixed Use Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Berkshire Hathaway HomeServices Chicago: 847-510-5000.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-09-10T12:07:18.167 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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