Description
Turnkey, condo-quality 4-unit investment property! This extensively gut-rehabbed building features high-end finishes throughout and offers an excellent unit mix consisting of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit. All units are currently leased, providing immediate cash flow with a strong cap rate. Each apartment includes in-unit washer and dryer, separate HVAC systems, and individual water heaters, helping reduce owner expenses and simplify maintenance. The property has been renovated with modern kitchens, updated bathrooms, newer mechanicals, and quality finishes throughout. Conveniently located near schools, parks, shopping, dining, public transportation, and major expressways, this property offers strong tenant appeal and excellent accessibility. The desirable location supports stable occupancy and long-term rental demand. A rare opportunity to acquire a fully stabilized, turnkey asset with strong in-place income and minimal capital expenditure needs. Perfect for investors seeking immediate cash flow and long-term appreciation potential.
Details
| MLS # | 12682695 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1913 |
| Days On Site | 100 |
| Listing Provided By | Berkshire Hathaway HomeServices Chicago | Fei Martin |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 5 |
| Garage | 2 |
| Basement | Y |
| Zoning | MULTI |
| Acreage | 0.09 |
Interior
| Rooms Total | 12 |
|---|---|
| Heating | Natural Gas |
Exterior
| Roof | Asphalt |
|---|---|
| Foundation Details | Brick/Mortar, Concrete Perimeter |
| Lot Features | Corner Lot |
| Construction Materials | Brick |
Parking
| Parking Features | Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 2 |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Gated, Sidewalks, Street Lights, Street Paved |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 13348 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Cicero |
| Zip Code | 60804 |
| Area | Cicero |
| Listing VS Median (in 60804) | |
Price: $899,000 low | high Med: $309,900 On site: 100 low | high Med: 163 | |
Market Activity 60804
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Cicero |
| Zip Code | 60804 |
| Area | Cicero |
| Listing VS Median (in 60804) | |
Price: $899,000 low | high Med: $309,900 On site: 100 low | high Med: 163 | |
