For-Sale Apartment
For Sale
$339,999
Pending
5511 West 31st Street, Cicero, IL 60804
Residential income apartment building offered for sale, providing a straightforward option for multifamily ownership.
Property SizeContact for details
Days on Market97
Property Features for 5511 West 31st Street
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Two to Four Units / 2 Flat
Taxes and HOA fees
Annual Taxes
$7,252
Building Details
Year Built
1928
Stories
2
Listing Agency:
Realty of America, LLC
Listed By:
Israel Dominguez · License #475193966
(815) 755-0414
Source:
Compass
Added: Jun 2
Changed: Aug 8
Last Checked: Jul 25 at 1:12PM
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 Realty of America, LLC
Investment Insights
Based on property information with market context.
This offering is a for-sale apartment building presented as a residential income multifamily property. The asset is categorized as an apartment building and multifamily property, supporting use as a rental housing investment or owner-occupied residential income structure, depending on buyer intent.
The property is located at 5511 West 31st Street in Cicero, Illinois. As presented in the listing data, no further details are provided regarding unit mix, building condition, or amenities, so prospective buyers should plan to confirm those items during due diligence.
For buyers evaluating multifamily acquisition, this property may fit a range of residential income strategies centered on owning an apartment building. Because the provided information does not specify updates, occupancy, or financial performance, the most practical next step is to review the building’s actual operating profile, rents, and physical condition through available offering materials and inspections. That approach will help determine whether the property aligns with your underwriting assumptions and desired operating model.
The property is located at 5511 West 31st Street in Cicero, Illinois. As presented in the listing data, no further details are provided regarding unit mix, building condition, or amenities, so prospective buyers should plan to confirm those items during due diligence.
For buyers evaluating multifamily acquisition, this property may fit a range of residential income strategies centered on owning an apartment building. Because the provided information does not specify updates, occupancy, or financial performance, the most practical next step is to review the building’s actual operating profile, rents, and physical condition through available offering materials and inspections. That approach will help determine whether the property aligns with your underwriting assumptions and desired operating model.
Key Highlights
- Residential income apartment building built in 1928
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
609
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Residential income apartment building offered for sale, providing a straightforward option for multifamily ownership.
Where is this apartment building located?
The property is located at 5511 West 31st Street Cicero, IL.
What is the asking price?
The asking price for this property is $339,999.
What are key features of this property?
This property features: Residential income apartment building built in 1928
