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Multifamily Apartment Building
For Sale
$565,417

2345 S Central Avenue, Cicero, IL 60804

For-sale multifamily apartment building suited for investors seeking residential income property ownership.

Property Size4,250 SF
Days on Market64

Property Features for 2345 S Central Avenue

General Information

Standard status Active
Size 4,250 SF
Zoning MULTI

Taxes and HOA fees

Annual Taxes $12,033

Building Details

Building Size 4,250 SF
Year Built 1915
Stories 2
Listing Agency: Luna Realty Group
Listed By: Jorge Armand Luna · License #471019589
Source: Evrealestate
Added: Jun 19 Changed: Aug 10 Last Checked: Aug 20 at 5:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luna Realty Group

Investment Insights

Based on property information with market context.

This for-sale apartment building represents a residential income multifamily asset in Cook County. The property is categorized as an apartment building and multifamily property, making it suitable for buyers focused on acquiring residential rental real estate. Additional interior details such as unit count, building condition, and layout are not provided here.

The property is located at 2345 S Central Avenue in Cicero, Illinois. Directions noted in the listing are Cermak South on Central to the property, placing the building on Central Avenue. The listing does not specify frontage, access specifics beyond the directional guidance, or any named nearby employers or commercial anchors.

From an ownership and underwriting perspective, this asset may fit investors or owner-operators interested in acquiring a multifamily apartment building for long-term residential income management. Because the available information does not include current tenancy status, lease terms, or operating history, prospective buyers should perform their own due diligence regarding physical condition, rent roll and expenses, and any required capital planning. For brokers and tenants, additional property specifics will be important to confirm suitability and operational expectations once full offering materials are reviewed.

Key Highlights

  • Multifamily apartment building for sale
  • Year built: 1915
  • Cooling: none listed

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Parking Lot & Garage Acupuncture

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

Location Intelligence

Trade Area within ½ mile

1,139
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - For-sale multifamily apartment building suited for investors seeking residential income property ownership.
Where is this specialty property located?
The property is located at 2345 S Central Avenue Cicero, IL.
What is the asking price?
The asking price for this property is $565,417.
What are key features of this property?
This property features: Multifamily apartment building for sale; Year built: 1915; Cooling: none listed
More about this property
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