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Mixed-Use Property with Corner Storefront
For Sale
Under Contract
$750,000

5801 W 16th Street, Cicero, IL 60804

Commercial Sale, Cicero, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market19

Property Features for 5801 W 16th Street

General Information

Property type Commercial Sale
Property subtype Other
Directions 290 off at Central, south to 16th, west to property.
Subdivision Cicero
Standard status Active Under Contract
APN 16204030100000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12883

Utilities

Cooling system Central Air

Building Details

Year built 1915
Floors in Building 2
Number of units 4
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Tommy Choi · License #471004140
Added: Aug 18 Changed: Aug 30 Last Checked: Sep 5 at 9:06AM
MLS# 12736292

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick mixed-use property, built in 1915, combines a corner storefront with three residential apartments. The commercial space is currently used as a beauty salon, while the apartments include two 3-bedroom units and one 2-bedroom unit. Central air serves the property, and a 2-car garage adds on-site utility.

The sale includes an adjacent lot currently used as outdoor space for tenants. Located at 5801 W 16th Street in Cicero, the property brings together storefront, residential, garage, and outdoor components within one offering.

Key Highlights

  • Three apartments: two 3‑bedroom units and one 2‑bedroom unit
  • Corner storefront currently used as a beauty salon
  • Adjacent lot included; currently used as outdoor space for tenants

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Garden Center Acupuncture Parking Lot & Garage Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,126
Businesses Nearby

Demographics for 60804, IL

85,673
Population
26,738
Households
3.2
Avg Household Size
32
Median Age
11%
College-Educated
68%
High-School Grad
7.1 sq mi
ZIP Area
12,067
Density / Sq Mi
$68,548
Median Household Income
$36,786
Median Earnings
$1,121
Median Rent
$236,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial property combines a salon storefront, three apartments, a detached garage, and an adjoining outdoor lot.
Where is this mixed-use property located?
The property is located at 5801 W 16th Street Cicero, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three apartments: two 3‑bedroom units and one 2‑bedroom unit; Corner storefront currently used as a beauty salon; Adjacent lot included; currently used as outdoor space for tenants
More about this property
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