Cicero, IL 60804,5028 W 31st Place
Cicero, IL 60804,5028 W 31st Place
Cicero, IL 60804,5028 W 31st Place
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$1,189,000
Est. payment /mo
7,250 SqFt
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Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 7,250 sqft

Price per Sqft $164

MLS Listing ID 12034189

Year Built 1914

Annual Tax Amount $15,253

Tax Year 2022

Lot Dimensions 5626

Property Sub-Type Multi Family 5+

Property Description

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.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling None

Fireplace N

Exterior

View Y/N true

Roof Type Composition,Membrane

Building

Structure Type Wood Frame

Others

HOA Fee Include None


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Listed by Victor Postillion • Skydan Real Estate Sales, LLC

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agent

Doug Anderson

+1(847) 687-3424

Designated Managing Broker

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