5434 25Th St Cicero, IL 60804
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 5434 25Th St
- Year built
- 1914
- Property type
- Commercial real estate
Description
This exceptional 5-unit multi-family building at 5434 W 25th Street, Cicero, IL, presents a lucrative investment opportunity. Originally a 7-unit property, it underwent a comprehensive rehabilitation in 2018 to meet city compliance standards, resulting in a streamlined 5-unit configuration. The renovation included complete replacement of water lines, drains, and electrical systems. New roofs were installed above all residential units in 2019, ensuring long-term structural integrity. Further upgrades in 2020 encompassed a new boiler, hot-water tank, and sump pumps, minimizing maintenance needs. Each apartment boasts modern finishes, including granite countertops, stainless steel appliances, hardwood floors, and ceramic bathroom floors. The four-bedroom units feature double vanities and large walk-in showers. A rooftop patio/walkway adds to the appeal. The building also includes a two-car garage, generating additional income. All tenants are on long-term leases and are current on rent payments. The property's efficient design, with a central boiler and hot-water tank, significantly reduces maintenance demands. The basement offers ample storage space. A newly constructed laundromat is conveniently located nearby, enhancing the property's value and tenant convenience. This property offers a high-yield investment with minimal upkeep, making it an ideal addition to any portfolio. Priced at $815,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cicero
- County
- Cook
- State
- Illinois
- Longitude
- -87.7606
- Latitude
- 41.8458
