5701 Roosevelt Rd Chicago, IL 60804

This mixed-use property at 5701 W. Roosevelt Road in Cicero, Illinois, presents an investment opportunity. The property features two commercial storefronts and sixteen residential apartments, with a mix of studios, one-bedroom, and two-bedroom units. The building is 90% renovated and enjoys high occupancy. The property is efficiently operated with separate utilities and individual furnaces. Situated one mile from I-290 and approximately nine miles southwest of downtown Chicago, the asset sits on a corner lot and includes an adjacent vacant parcel, offering an opportunity for future development or additional income streams. The subject is located along the south side of Roosevelt Road and the west side of 57th Avenue; to the south of the site is a public alley. Roosevelt Road is a main, two lane east/west thoroughfare in Cicero. Improvements surrounding the subject include commercial, mixed-use buildings, apartment buildings and some single family residential; to the south along 57th Avenue is residential. The Town of Cicero is primarily a residential community with industrial areas scattered throughout the suburb with commercial improvements located along the major thoroughfares. Neighboring communities include the Chicago neighborhoods of North and South Lawndale to the east, parts of Oak Park and the Chicago neighborhood of Austin to the north, Berwyn to the west and Stickney to the south. The property size is 10,546 square feet.