Mixed-Use Building with 4 Residential
For Sale
$430,000
5101 W 31st Place, Cicero, IL 60804
Two-part property combining residential units with a separate hall and commercial area.
Property Size6,150 SF
Price / SF$69.92
Days on Market8
Property Features for 5101 W 31st Place
General Information
Standard status
Active
Size
6,150 SF
Property subtype
Multi-Family
Building Details
Year Built
1909
Listing Agency:
RE/MAX Ultimate Professionals
(630) 253-7660
Listed By:
Teresa Ryan
(630) 253-7660
Source:
Ryanhillgroup
Added: Aug 22
Changed: Aug 29
Last Checked: Aug 26 at 12:54PM
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 RE/MAX Ultimate Professionals
Investment Insights
Based on property information with market context.
Constructed in 1909, this 6,150-square-foot mixed-use building combines four residential units with additional common-use and commercial space. The property also includes a separate hall area that can support gatherings, storage, or future reconfiguration, subject to applicable requirements.
Located at 5101 W 31st Place in Cicero, Illinois, the building includes a commercial component positioned along a visible community corridor. The existing layout offers multiple areas within one property, including residential accommodations, hall space, and commercial premises. The property is being offered in its current condition and is sold as is.
Located at 5101 W 31st Place in Cicero, Illinois, the building includes a commercial component positioned along a visible community corridor. The existing layout offers multiple areas within one property, including residential accommodations, hall space, and commercial premises. The property is being offered in its current condition and is sold as is.
Key Highlights
- 6,150‑square‑foot mixed‑use building
- Four residential units included
- Additional hall space within the building
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-part property combining residential units with a separate hall and commercial area.
Where is this mixed-use property located?
The property is located at 5101 W 31st Place Cicero, IL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 6,150‑square‑foot mixed‑use building; Four residential units included; Additional hall space within the building
