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Updated 4-Unit Apartment Building
New
For Sale
$585,000

5122 W 30th Place, Cicero, IL 60804

Separate electric meters support unit-level billing for electricity and heat.

Property SizeContact for details
Days on Market6

Property Features for 5122 W 30th Place

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Residential Income

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $8,498

Building Details

Buildings 1
Listing Agency: Blue Fence Real Estate Inc.
Listed By: William Folger
Source: Aptandhomeseekers
Added: Oct 20 Changed: Oct 22 Last Checked: Oct 23 at 9:33PM

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 Blue Fence Real Estate Inc.

Rey
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Investment Insights

Based on property information with market context.

This four-unit apartment building has received interior updates, including new flooring, drywall, paint, lighting fixtures, and bathroom features. The property also has a newer roof and updated plumbing and electrical systems.

Each apartment has a dedicated electric meter, allowing electricity and heat to be billed by unit. The seller has accrued expenses for village compliance work and states that the building will meet code requirements before closing, with no repairs passed on to the buyer.

Key Highlights

  • Four‑unit apartment building
  • Interior updates include flooring, drywall, paint, lighting fixtures, and bathroom features
  • Newer roof, plumbing, and electrical systems

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

722
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Separate electric meters support unit-level billing for electricity and heat.
Where is this quadplex located?
The property is located at 5122 W 30th Place Cicero, IL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Four‑unit apartment building; Interior updates include flooring, drywall, paint, lighting fixtures, and bathroom features; Newer roof, plumbing, and electrical systems
More about this property
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