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

5801 W 16th Street, Cicero, IL 60804

COMMERCIAL - Cicero, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market2

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 12883

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: Aug 18 Last Checked: Aug 19 at 1:06AM
MLS# 12736292

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 apartments with a corner storefront currently operating as a beauty salon. The residential component includes two three-bedroom apartments and one two-bedroom apartment, while the property also provides a two-car garage. An adjacent lot is included in the sale and is currently used as outdoor space for the tenants.

The building is located at 5801 W 16th Street in Cicero, Illinois. Constructed in 1915 with brick materials, it features central air conditioning and a 0.1702-acre lot size. The existing layout supports an owner-user arrangement with commercial space, an on-site residence, and additional apartments generating rent.

Key Highlights

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

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 - Three apartments, a corner commercial storefront, adjacent outdoor space, and a two-car garage create a flexible mixed-use configuration.
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: two 3BR units and one 2BR unit; Corner storefront currently used as a beauty salon; Adjacent lot included and used as outdoor tenant space
More about this property
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