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Mixed-Use Building with Storefront
New
For Sale
$750,000

5801 W 16th Street, Cicero, IL 60804

MULTI_FAMILY - Cicero, IL

Property SizeContact for details
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 8, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 7, Basement, Bathroom 4, Bedroom 6, Bathroom 5, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2
Parking 5
Parking features Garage
Basement Unfinished, Full
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 14059

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: Aug 18 Last Checked: Aug 19 at 1:06AM
MLS# 12736286

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.

Built in 1915, this brick mixed-use property combines three apartments with a corner storefront currently operating as a beauty salon. The residential layout includes one 2BR apartment and two 3BR apartments, along with five bathrooms and a basement. A two-car garage is also included.

The sale includes the adjacent lot, presently used as outdoor space for tenants. The property is located at 5801 W 16th Street in Cicero, Illinois, with public water and public sewer service. Heating is provided by natural gas.

Key Highlights

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

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 - Multiple apartments accompany a corner storefront and two-car garage.
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 $750,000.
What are key features of this property?
This property features: Three apartments: one 2BR and two 3BR units; Corner storefront currently used as a beauty salon; Adjacent lot included with outdoor tenant space
More about this property
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