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

5801 W 16th Street, Cicero, IL 60804

Residential Income, Cicero, IL

Property SizeContact for details
Days on Market6

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 Bathroom 2, Bathroom 3, Basement, Bathroom 5, Bedroom 1, Bedroom 8, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3
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 Changed: Aug 23 Last Checked: Aug 23 at 5:06AM
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.

This mixed-use property combines three apartment units with a corner storefront currently used as a beauty salon. The residential configuration includes one 2BR unit and two 3BR units, creating a combination of apartment and commercial space within the same property. A 2-car garage is included, and the sale also encompasses the adjacent lot, which is currently used as outdoor space for tenants.

Constructed in 1915, the building features brick construction, natural-gas heating, public water, and public sewer. Property improvements include updates associated with compliance with the current Village Pre-Sale inspection. The existing arrangement brings residential units, a commercial storefront, garage space, and a separate outdoor area together in one mixed-use property.

Key Highlights

  • Three apartments: one 2BR unit and two 3BR units
  • Corner storefront currently used as a beauty salon
  • 2‑car garage included

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.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,126
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 - Apartment units are paired with a corner storefront and garage space.
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 unit and two 3BR units; Corner storefront currently used as a beauty salon; 2‑car garage included
More about this property
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