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1338 S Cicero Avenue

Cicero, IL 60804
  • $270,000
  • STATUS: Active
  • ON SITE: 266 Days
  • MLS #: 11843617
$270,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1929
County:
Area:

School Ratings & Info

Description

Welcome to the ever-expanding township of Cicero, IL. Discover a lucrative mixed-use 4-UNIT investment opportunity. Featuring (3)Residential Units and one Commercial store space, this property is fully rented month to month, while boasting a generous sized 4-car garage. Currently generating an impressive 8% CAP rate, this building offers an excellent return on investment. Commercial space measures approximately 1,100 square feet in size. (3) one-bedroom/one bath units providing ample living space for tenants. Cicero is also set to benefit from Bridge Development Partners' $20 million investment, which is expected to create both temporary & permanent job opportunities with its 320,000 square-foot industrial facility. Located less than 1-mile from I-290, this cash generating beauty speaks volumes. 48-HOUR NOTICE IS REQUIRED AS ALL UNITS ARE OCCUPIED. Fantastic investment opportunity- schedule your showing today!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-04-03T23:58:22.283 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1338 S Cicero Avenue Cicero, IL 60804

  • Price: $270,000
  • Status: Active
  • On Site: 266 Days
  • MLS #: 11843617
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1929
Built
Neighborhood:
Cicero
County:
Cook
Area:
Cicero
Property Description
Welcome to the ever-expanding township of Cicero, IL. Discover a lucrative mixed-use 4-UNIT investment opportunity. Featuring (3)Residential Units and one Commercial store space, this property is fully rented month to month, while boasting a generous sized 4-car garage. Currently generating an impressive 8% CAP rate, this building offers an excellent return on investment. Commercial space measures approximately 1,100 square feet in size. (3) one-bedroom/one bath units providing ample living space for tenants. Cicero is also set to benefit from Bridge Development Partners' $20 million investment, which is expected to create both temporary & permanent job opportunities with its 320,000 square-foot industrial facility. Located less than 1-mile from I-290, this cash generating beauty speaks volumes. 48-HOUR NOTICE IS REQUIRED AS ALL UNITS ARE OCCUPIED. Fantastic investment opportunity- schedule your showing today!
Exterior Features

Parking Total 4

Interior Features

Cooling None Heat Ventilation Hot Water

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Electric Circuit Breakers Fire Protection Sprinklers Geographic Locale Southwest Suburban Gross Income 40000 Gross Scheduled Income 39600 Insurance Expense 0 Mls Actual Status Active Property Sub Type Apts/Stores Rental Price 2.05 Tax Annual Amount 5869.86 Tax Year 2021 Total Monthly Income 3300 Type Mixed Use

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: 312-319-1168.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-04-03T23:58:22.283 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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