Newer Two-Unit Residential
5431 30th Place, Cicero, IL 60804
Turnkey two-unit property built in 2023 with modern finishes, multiple bedrooms and bathrooms, and an unfinished basement.
Type:Retail, Multifamily
Property size:
3,000 SFPrice / SF:
$243/SF- Added:
- Jun 16, 2026
- Days on Market:
- 22
- Last Refresh:
- Jun 20 at 3:18 am
Property Features for 5431 30th Place
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Retail, Multifamily
Building Details
- Year Built
- 2023
Listing office Solaris Enterprises Inc
Listing date Jun 16, 2026
Source Crexi
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 Solaris Enterprises Inc
HighLights
- Two‑unit property built in 2023 in Cicero
- Approx. 3,000 SF total living space with 6 bedrooms and 4 bathrooms
- Each unit features modern finishes and contemporary design elements
- Includes a full unfinished basement for storage or future expansion
- Designed for owner‑occupants or investors (live in one unit and rent the other)
Overview
This newer construction two-unit residential property was built in 2023 and is presented as turnkey. The overall layout provides approximately 3,000 square feet of living space with 6 bedrooms and 4 bathrooms across the two units. Both residences feature modern finishes and contemporary design elements, supporting a straightforward move-in or rental-ready use. The property also includes a full unfinished basement, which can serve as additional storage or a workspace for future finishing based on the buyer’s plans.
The home is located at 5431 30th Place in Cicero, Illinois, offering an in-town setting within the city. Open house showings are scheduled for Saturday, June 20 from 11:00 AM to 2:00 PM, and Sunday, June 21 from 1:00 PM to 3:00 PM.
For owner-occupants, the two-unit configuration supports the option to live in one unit while renting the other. For investors, the modern, low-maintenance nature of the 2023 construction and the added utility of the unfinished basement may appeal to buyers seeking a flexible, functional asset. Overall, the property’s updated finishes and practical layout are designed to accommodate a range of residential income strategies.
The home is located at 5431 30th Place in Cicero, Illinois, offering an in-town setting within the city. Open house showings are scheduled for Saturday, June 20 from 11:00 AM to 2:00 PM, and Sunday, June 21 from 1:00 PM to 3:00 PM.
For owner-occupants, the two-unit configuration supports the option to live in one unit while renting the other. For investors, the modern, low-maintenance nature of the 2023 construction and the added utility of the unfinished basement may appeal to buyers seeking a flexible, functional asset. Overall, the property’s updated finishes and practical layout are designed to accommodate a range of residential income strategies.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.1k | $20.04 |
| − Vacancy | −$4.5k | −$1.50 |
| EGI | $55.6k | $18.54 |
| − OpEx | −$16.7k | −$5.56 |
| NOI | $38.9k | $12.98 |
3,000 SF · lease $20.04/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$556.1K
$486.6K – $648.8K
NOI $38,928 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$497.2K
$435.0K – $580.0K
NOI $34,802 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$1.04M
$906.3K – $1.21M
NOI $72,503 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Cicero
- County
- Cook
- State
- Illinois
- Longitude
- -87.7603912
- Latitude
- 41.8371511
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Turnkey two-unit property built in 2023 with modern finishes, multiple bedrooms and bathrooms, and an unfinished basement.
Where is this duplex located?
The property is located at 5431 30th Place Cicero, IL.
What is the asking price?
The asking price for this property is $729,900.
What are key features of this property?
This property features: Two‑unit property built in 2023 in Cicero; Approx. 3,000 SF total living space with 6 bedrooms and 4 bathrooms; Each unit features modern finishes and contemporary design elements
