5028 W 31st Place
Cicero, IL, 60804
$899,000
15 Beds
8 Baths
0 SqFt
0 Acres
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MLS #MRD12034189 image #0
BROKER OWNED. Large 6 unit multi-family investment property with a large two car garage and storage spaces for rent in garage. The property’s interiors have been renovated since purchase in 2015. Parking spaces (2), and storage spaces (7) available at garage and driveway for rent . Additionally, the owner holds generous security deposits. Owner of building pays for water, common electric and garage electric. Tenants pay for their own gas heat, cooking gas, water heat, and electric. All units have been remodeled since 2016. In 2023 the owner replaced all roofing, as well as the hardy board siding from ground level to 6 ft height around the perimeter of the building plus foam board insulation, and fully gutted and rehabbed the largest unit in the building in 2024- a 4 bedroom 2 bathroom (one new full bath was added), installed insulation in ceilings around the building, and added a master walk-in closet to the south lower level unit. Given the substantial rents collected every month, this is a great property for any investor! see photos and additional info.

Property Details

Price:
$899,000
MLS #:
MRD12034189
Status:
Active
Beds:
15
Baths:
8
Type:
Commercial
Neighborhood:
cicero
Listed Date:
Apr 24, 2024
Total Sq Ft:
7,250
Year Built:
1914
CiceroCicero

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Schools

Interior

Cooling
None

Exterior

Construction Materials
Wood, Brick, Frame, Other
Roof
Composition, Membrane
Stories
2

Financial

HOA Includes
None
Net Operating Income
$96,793
Tax Year
2024
Taxes
$14,174

Map

Community

Market Summary

Current real estate data for Commercial in Cicero as of Oct 05, 2026
24
Commercial Listed
217
Avg DOM
$700,458
Avg List Price

Property Summary

    5028 W 31st Place Cicero IL is a Commercial for sale in Cicero, IL, 60804. It is listed for $899,000

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5028 W 31st Place
Cicero, IL