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5607 W Roosevelt Road Cicero, IL $ 397,000
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$ 397,000 Get more info
5607 W Roosevelt Road
$ 397,000
Back to search
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5607 W Roosevelt Road

Cicero, IL, 60804
$ 397,000
Baths0.0 Sq 4,700

Monthly Estimate*

$ 2,639

5607 W Roosevelt Road, Cicero, IL 60804 - Image 1
5607 W Roosevelt Road, Cicero, IL 60804 - Image 2
5607 W Roosevelt Road, Cicero, IL 60804 - Image 3
5607 W Roosevelt Road, Cicero, IL 60804 - Image 4
5607 W Roosevelt Road, Cicero, IL 60804 - Image 5
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Studio

Commercial Property for sale in Cicero, IL

for $397,000. This 4,700 square foot building was built in 1924 on a lot size of 0.07174.

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 11% cap rate!!!

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Commercial Active

Price

$ 397,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,310

Style

Lot Size

0.07174

Year Built

1924

Town/City

Cicero

County/Region

Cook

MLS | Web ID

12021326
Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1924
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat
Stories 3
Property SubType Apts/Stores
Tax Year 2021
Gross Income 45600
County Cook
Net Operating Income 32707
Operating Expense 12895
Insurance Expense 2997
Property Type Commercial Sale Mixed Use
Status Active
Directions Property sits just west of Central Ave on Roosevelt in Cicero
City Cicero
NumberOfUnitsTotal 3
MLS Area Cicero
Lot Size Square Feet 3125
Street Name Roosevelt
Tax Annual Amount 7310
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 2500
Additional Parcels Y/N N
Virtual Tour https://tours.databasedads.com/4603723/5607-W-Roosevelt-Road-Cicero-IL?u=1
Days on Market 35
Standard Status Active
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Exterior
Building Area Total 4700
Lot Dimensions 25 X 125
Exterior Brick
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Interior
Street Suffix Road
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* Excluded Features
List By
Berkshire Hathaway Homeservices Chicago

Broker

vromano@bhhschicago.com

Email

Affordability Calculator

$3,248
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,639
Monthly Property Taxes
$609
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/3/2024$397,000 Listed Price

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5607 W Roosevelt Road, Cicero, IL, 60804 is a Commercial Property for sale at $397,000 with 4,700 sqft and a lot size of 0.07174. 5607 W Roosevelt Road is a studio with 0.0 baths and was built in 1924. The property's zip code is 60804 which is in Cicero, IL

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