5760 Park Ave Cicero, IL 60804
- Apartment buildings
- 1 SF
Current Use by Public Records
- Apartment buildings
Property Details for 5760 Park Ave
- Property size
- 1 SF
- Property type
- Apartment buildings
Description
This meticulously renovated five-unit apartment building in Cicero, Illinois, is offered at $650,000. Each of the one-bedroom units features modern updates including new HVAC, plumbing, and electrical systems, and engineered flooring. Kitchens and bathrooms have been completely renovated with contemporary finishes such as white shaker cabinets, quartz countertops, and stainless steel appliances. Exterior improvements include a new roof, windows, and porches. A two-car garage is accessible via a side driveway. The property enjoys a highly desirable location in Boulevard Manor, providing convenient access to Ogden's dining and shopping options, as well as major roadways like I-55 and I-290. Currently vacant, this property presents a strong investment opportunity with a 9.28% pro-forma cap rate. The building is situated at 5760 W Park Ave, Cicero, IL 60804, and is offered fee simple. This is a turnkey investment ready for immediate occupancy and rental income generation. The property's location and modern updates make it an attractive option for both investors seeking a strong return and residents seeking comfortable, updated living spaces.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cicero
- County
- Cook
- State
- Illinois
- Longitude
- -87.7681
- Latitude
- 41.8322
