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Tenant-Occupied 7-Unit Apartment Building
For Sale
$570,000
Pending

5621 West 35th Street, Cicero, IL 60804

Fully tenant-occupied 7-unit building with a unit mix of one-, two-, and three-bedroom apartments.

Property SizeContact for details
Days on Market318

Property Features for 5621 West 35th Street

General Information

Standard status Pending
Property subtype Multi Family 5+ / Multi Family 5+-Other
Zoning MULTI
Occupancy 100%
Net Operating Income $40,040

Additional Details

Multifamily Units 7

Taxes and HOA fees

Annual Taxes $13,624

Building Details

Year Built 1961
Stories 2
Listing Agency: Compass
Listed By: Laura Garcia · License #475146684
Source: Compass
Added: Oct 8, 2025 Changed: Aug 8 Last Checked: Jul 21 at 12:35PM

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 Compass

Investment Insights

Based on property information with market context.

This for-sale multifamily property is a tenant-occupied 7-unit apartment building with an apartment mix of three-bedroom/one-bath, two-bedroom/one-bath, and one-bedroom/one-bath units. The owner is responsible for water, gas, and common area electric, while each tenant pays their own electric. The property is being sold as-is, including the Cicero Compliance inspection, with some items on the report already addressed.

The building is located near public transportation, shopping, and restaurants, offering everyday convenience for tenants and visitors.

The unit configuration supports a diversified rental mix across studio-style options through larger three-bedroom layouts, with the property currently generating stated monthly income based on the existing tenant occupancy.

Key Highlights

  • 1961‑built, fully tenant‑occupied 7‑unit multifamily property with one-, two-, and three‑bedroom apartments
  • Unit mix: (1) three‑bedroom/one‑bath, (2) two‑bedroom/one‑bath, and (4) one‑bedroom/one‑bath
  • Total monthly income reported as $5,940

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Computer & Electronic Repair Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

550
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully tenant-occupied 7-unit building with a unit mix of one-, two-, and three-bedroom apartments.
Where is this apartment building located?
The property is located at 5621 West 35th Street Cicero, IL.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: 1961‑built, fully tenant‑occupied 7‑unit multifamily property with one-, two-, and three‑bedroom apartments; Unit mix: (1) three‑bedroom/one‑bath, (2) two‑bedroom/one‑bath, and (4) one‑bedroom/one‑bath; Total monthly income reported as $5,940
More about this property
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