5829 W 16th Street Cicero, IL $ 499,000
5829 W 16th Street
$ 499,000
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5829 W 16th Street

Cicero, IL, 60804
$ 499,000
Baths0.0 Sq 3,642

Monthly Estimate*

$ 3,317

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Studio

Commercial Property for sale in Cicero, IL

for $499,000. This 3,642 square foot building was built in 1926 on a lot size of 0.089807.

Beautiful Mixed Use property (FHA Approved - 75% Residential) with new exterior front brick in Cicero. Located on the highly visible 16th street Business Corridor adjacent to Paisans Pizza. The property is viewed by thousands of daily commuters and is aligned with various businesses. This perfect investment property consists of 4 units total, 3 residential units with good tenants and a retail storefront currently operated as a beauty salon. Come bring your vision to life with your next beautification business. The Salon is renovated and gives the customers that inviting feeling . This established business with good flow of customers will include the 4 salon stations, 2 Sinks, and the front desk; excluded are the appliances within the apartments. Property is well maintained and upgrades have been done on the electrical and roof. All utilities bills separate on electrical, heating and AC. Detached 2 car garage with apron door for extra space. Easy access to the expressway. Make your appointments

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Commercial Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,644

Style

Lot Size

0.089807

Year Built

1926

Town/City

Cicero

County/Region

Cook

MLS | Web ID

12030703

Features
General
Cooling Central Air
Possession Closing Immediate Negotiable
Roof Rubber Tar and Gravel
Zoning OTHER
Construction Materials Brick Concrete Split-face Block
Year Built 1926
Electric Circuit Breakers
Tenant Pays Electricity Heat Other
Stories 2
Township Cicero
Property SubType Apts/Stores
Tax Year 2022
Gross Income 52800
County Cook
Net Operating Income 0
Operating Expense 7054
Insurance Expense 3454
Property Type Commercial Sale Mixed Use
Possible Use Multi-Family Retail
Status Active
Directions 290 West Central North To 16th West
City Cicero
NumberOfUnitsTotal 4
MLS Area Cicero
Lot Size Square Feet 3912
Street Name 16th
Tax Annual Amount 8644.22
Electric Expense 0
Fuel Expense 2400
Trash Expense 0
Water Sewer Expense 1200
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 3642
Lot Dimensions 30 X 125
Exterior Brick Block
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Interior
Street Suffix Street
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* Excluded Features
List By
Realty Of Chicago Llc

Broker

robertreyesrealty@gmail.com

Email

Affordability Calculator

$4,037
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,317
Monthly Property Taxes
$720
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2024$499,000 Listed Price

Map


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5829 W 16th Street, Cicero, IL, 60804 is a Commercial Property for sale at $499,000 with 3,642 sqft and a lot size of 0.089807. 5829 W 16th Street is a studio with 0.0 baths and was built in 1926. The property's zip code is 60804 which is in Cicero, IL