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5028 31st Place Cicero, IL 60804

5028 31st Place  Cicero IL 60804
Price Reduced For Sale
5028 31st Place
Cicero, IL 60804
Price: $950,000
Type: Commercial Sale
Agent: Victor Postillion
Agent Email: vvp@Leadscc.com
Broker: Skydan Real Estate Sales, LLC
Broker Phone: 708-450-0110
Broker Email: stillo@skydangroup.com

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.

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    5434 25th Street Cicero, IL 60804

    5434 25th Street  Cicero IL 60804
    Price Reduced For Sale
    5434 25th Street
    Cicero, IL 60804
    Price: $699,000
    Type: Commercial Sale
    Agent: Victor Postillion
    Agent Email: vvp@Leadscc.com
    Broker: Skydan Real Estate Sales, LLC
    Broker Phone: 708-450-0110
    Broker Email: stillo@skydangroup.com

    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 are up to date! 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.

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