Newer Two-Unit Residential
5431 30th Place Cicero, IL 60804
5431 30th Place, Cicero, IL, 60804
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For Sale
Contact for pricing
Turnkey two-unit property built in 2023 with modern finishes, multiple bedrooms and bathrooms, and an unfinished basement.
Property Size3,000 SF
Price / SF$243.30
Days on Market36
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 agency
Solaris Enterprises Inc
Listed by
Angelina Larks · License #475.191613
Source
Crexi
Added: Jun 16 Updated: Jul 10 at 1:59PM Checked: Jul 21 at 1:50PM
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
Investment Insights
Based on property information with market context.
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.
Key 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
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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
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
