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Mixed-Use Building with Corner Storefront
For Sale
$795,000

5801 W 16th Street, Cicero, IL 60804

COMMERCIAL - Cicero, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market48

Property Features for 5801 W 16th Street

General Information

Property type Commercial Sale
Property subtype Other
Directions 290 off at Central, south to 16th, west to property.
Subdivision Cicero
Standard status Active
APN 16204030100000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11706

Utilities

Cooling system Central Air

Building Details

Year built 1915
Floors in Building 2
Number of units 4
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Tommy Choi · License #471004140
Added: Jun 25 Changed: Aug 4 Last Checked: Aug 11 at 11:06PM
MLS# 12688102

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 5801 W 16th Street in Cicero, this brick mixed-use property contains three apartments and a corner commercial storefront currently configured as a beauty salon. The residential component includes one three-bedroom apartment and two additional units, consisting of a two-bedroom and another three-bedroom layout. Central air serves the building, which was constructed in 1915.

The sale also includes the adjacent lot, currently used as outdoor space for tenants, along with a two-car garage. The combination of residential units, commercial frontage, garage parking, and supplemental outdoor area creates a consolidated property with both apartment and storefront components.

Key Highlights

  • Three apartments: one 2BR and two 3BR units
  • Corner storefront currently configured as a beauty salon
  • Adjacent lot included and used as tenant outdoor space

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Skin Care Clinic Garden Center Acupuncture Parking Lot & Garage Catering Service

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

921
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick property combines three apartments, a salon-equipped commercial space, a two-car garage, and an adjoining outdoor lot.
Where is this mixed-use property located?
The property is located at 5801 W 16th Street Cicero, IL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Three apartments: one 2BR and two 3BR units; Corner storefront currently configured as a beauty salon; Adjacent lot included and used as tenant outdoor space
More about this property
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