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Triplex with Corner Storefront
New
For Sale
$795,000

5801 W 16th Street, Cicero, IL 60804

MULTI_FAMILY - Cicero, IL

Days on Market2

Property Features for 5801 W 16th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 5, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 5, Basement, Bedroom 2, Bathroom 4, Bedroom 7, Bedroom 6, Bedroom 8
Parking 5
Parking features Garage
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions 290 off at Central, south to 16th, west to property
Subdivision Cicero
Standard status Active
APN 16204030100000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12883

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1915
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Tommy Choi · License #471004140
Added: Jul 31 Last Checked: Aug 1 at 3:06AM
MLS# 12720696

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.

This upgraded triplex features three fully appointed apartments and a corner storefront currently used as a beauty salon. The property also includes a 2-car garage, and an adjacent lot that’s currently used as outdoor space for the tenants.

The building is constructed with brick and served by public water and public sewer. Heating is natural gas, and the property includes a basement along with multiple bedrooms and bathrooms across the residential and storefront spaces.

With the combination of residential units and active storefront space, the layout supports an owner-user approach—operating the business while living in one apartment and receiving rental income from the additional apartments.

Key Highlights

  • Three fully appointed apartments plus a corner storefront currently used as a beauty salon
  • Adjacent lot used as outdoor space for the tenants
  • 2‑car garage

Property Analytics

Current Use

Triplexes

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.

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?
Triplex - Upgraded triplex with a beauty salon corner storefront, three apartments, and a 2-car garage.
Where is this triplex 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 fully appointed apartments plus a corner storefront currently used as a beauty salon; Adjacent lot used as outdoor space for the tenants; 2‑car garage
More about this property
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