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    6001 Roosevelt Rd Cicero, IL 60804

    Sponsored
    For Sale
    $999,000

    Four-unit mixed-use building, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 6001 Roosevelt Road in Cicero, Illinois, presents a compelling investment opportunity. The property consists of two buildings, totaling four units, built in 1914. The building features two attractive street-level retail storefronts, ideally suited for a variety of businesses, and two residential apartments situated above. The asking price is $999,000. This prime location boasts high traffic counts, ensuring excellent visibility and potential for strong rental income. The property sits on a prominent corner lot, offering significant exposure. The two-story structure provides ample space for both commercial and residential tenants. Further enhancing the investment potential is the availability of an adjacent vacant lot to the west, offering possibilities for expansion or additional development. This property is a rare find, combining the benefits of established retail space with the added income potential of residential units, all in a high-traffic area of Cicero, Cook County, Illinois, zip code 60804. The property's solid construction and prime location make it an attractive investment for both seasoned and new investors seeking a strong return. This is a truly unique opportunity to acquire a well-positioned, mixed-use property with significant upside potential.

    Property Features for 6001 Roosevelt Rd

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1914
    Buildings
    2
    Stories
    2
    Units
    4

    HighLights

    • $999,000 asking price.
    • Four‑unit retail property.
    • Two buildings, two stories each, built in 1914.
    • Located at 6001 Roosevelt Rd, Cicero, IL 60804.
    • High‑traffic corner location with potential for significant upside.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.7743449
    Latitude
    41.8652436

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    FAQs

    What type of property is this?
    Retail property - Four-unit mixed-use building, high traffic.
    Where is this retail property located?
    The property is located at 6001 Roosevelt Rd Cicero, IL.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: $999,000 asking price.; Four-unit retail property.; Two buildings, two stories each, built in 1914.
    Request Owner's contact information
    6001 Roosevelt Rd Cicero, IL 60804
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    Cicero, IL 60804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6001 Roosevelt Rd Cicero, IL 60804
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