IL > Cicero
Cicero, IL 60804,5701 W Roosevelt RD
Cicero, IL 60804,5701 W Roosevelt RD
Cicero, IL 60804,5701 W Roosevelt RD
Cicero, IL 60804,5701 W Roosevelt RD
Cicero, IL 60804,5701 W Roosevelt RD
Cicero, IL 60804,5701 W Roosevelt RD
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Legacy Properties

Legacy Properties

+1(224) 999-9100
$ 2,050,000
Est. payment | /mo

15,547 SqFt

Save
$ 2,050,000
Est. payment | /mo
Save

15,547 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 15,547 sqft

Price per Sqft $131

MLS Listing ID 12319200

Maintenance Fees $99,999

Year Built 1928

Annual Tax Amount $37,525

Tax Year 2023

Lot Dimensions 125 X 60

Property Sub-Type Multi Family 5+

Property Description

SELLER FINANCING AVAILABLE!This 18-unit mixed-use building offers a prime location in a high-demand area, ideal for investors seeking stable cash flow and long-term appreciation. Spanning approximately 15,547 square feet, the three-story masonry-constructed property features two street-facing commercial storefronts and 16 residential units, including six studios, six one-bedroom, and four two-bedroom apartments. With fourteen of the sixteen residential units already remodeled, minimal capital expenditure is required, providing immediate value to the next owner. The property boasts high occupancy rates, long-term retail tenants, and separate utilities for each unit, ensuring operational efficiency. Additionally, the sale includes an adjacent empty lot (5705 Roosevelt Rd), offering significant development potential for expansion or new construction. Conveniently located just one mile from I-290, this asset offers excellent accessibility and is surrounded by a vibrant mix of residential, commercial, and industrial developments. Don't miss this opportunity to acquire a well-maintained, income-generating property with additional development upside in a thriving suburban market.

Location

State IL

County Cook

Area Cicero

Zoning MULTI

Rooms

Basement Cellar

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Water Available

Roof Type Rubber

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Paul Proano • Coldwell Banker Commercial NRT
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

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5701 W Roosevelt RD