5434 W 25th Street, Cicero, IL 60804

  • $815,000
  • $789,000
5434 W 25th Street, Cicero, IL 60804
For Sale
5434 W 25th Street, Cicero, IL 60804
  • $815,000
  • $789,000

Overview

Property ID: 2717263
  • Commercial Sale
  • Property Type
  • 1914
  • Year Built

Description

AGENT OWNED. This is a great multi-family investment building. The building was converted from 7 units to 5 units in 2018 due to city compliance requirements. The building was completely rehabbed with new water lines, drains, and electrical. New roofs were installed above all residential spaces in 2019. New boiler, hot-water tank, and sump pumps were installed in 2020. The apartments have been updated with modern finishes, such as granite counter tops, stainless steel appliances, hardwood floors, ceramic bathroom floors, double vanitie in each of the 4 bed apartments, large walk-in showers in the upstairs apartments, roof top patio/walkway, and other upgrades. This building generates high income from the 5 units in the building and the two car garage. Very little maintenance is ever required since being rehabbed. All tenants are on long term leases and pay on time! If you have a buyer looking for an investment property generating a lot of income with few tenants, and requires low amount of maintenance and upkeep this is it! There are no furnaces or individual water takes to maintain, just a boiler and a large hot water tank which supplies the building. The current owner uses the basement for storage of his personal property management material. Two buildings to the west of the property there is a brand new laundromat.

  • Address 5434 W 25th Street
  • City Cicero
  • State/county IL
  • Zip/Postal Code 60804
  • Country United States

Details

Updated on August 26, 2024 at 2:51 pm
  • Property ID: 2717263
  • Price: $815,000
  • Year Built: 1914
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • MLS#: MRD11790947
  • Office Name: SKYDAN REAL ESTATE SALES, LLC
  • Agent Name: Victor Postillion
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD22592
  • List Agent MLSID: MRD243557
  • List Date: 2023-05-24T17:48:12.000Z
  • Cooling: Window Unit(s)
  • Tax Annual: 15656.1
  • Tax Year: 2021
  • County: Cook

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