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Listed by Monica Gutierrezof RE/MAX 10
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Est. payment | /mo
6 Beds
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Est. payment | /mo
6 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12472418
Style Prairie
Bedrooms 6
Year Built 1925
Annual Tax Amount $12,780
Tax Year 2025
Lot Dimensions 30 x 126
Property Sub-Type Two to Four Units
Property Description
Excellent investment opportunity with this solid brick four-unit apartment building in Cicero! Includes two front units with two bedrooms and one bathroom, two rear units with one bedroom and one bathroom, basement with utility room and unfinished potential ADU. Estimated NOI of $34,817 with conservative rent amounts leading to a 6.9 CAP! Additional capital improvements may increase the monthly cash-flow leading to higher valuation. Three units have been renovated already. A one bedroom unit is in basic condition, still rentable. Schedule an appointment to view this outstanding property today!
Location
State IL
County Cook
Community Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Unfinished, Concrete, Full
Interior
Heating Gas
Fireplace N
Exterior
Utilities Available Cable Available
View Y/N true
Roof Type Tar/Gravel
Building
Foundation Concrete Perimeter, Pillar/Post/Pier
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 99, 99, 201
Others
Ownership Fee Simple
Special Listing Condition None
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