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    FOR SALE
    Apartment buildings

    5028 W 31St Pl, Cicero, IL 60804

    7,250 SF Built 1914
    Property ID
    US28-5648376
    5028 W 31St Pl, Cicero, IL 60804 For Sale 1 / 59
    $899,000 7,250 SF
    5028 W 31St Pl, Cicero, IL 60804
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    AI-generated overview

    BROKER OWNED. Large 6 unit multi-family investment property with a large two car garage and storage spaces for rent in garage. The property's interiors have been renovated since purchase in 2015. Parking spaces (2), and storage spaces (7) available at garage and driveway for rent . Additionally, t ... he owner holds generous security deposits. Owner of building pays for water, common electric and garage electric. Tenants pay for their own gas heat, cooking gas, water heat, and electric. All units have been remodeled since 2016. In 2023 the owner replaced all roofing, as well as the hardy board siding from ground level to 6 ft height around the perimeter of the building plus foam board insulation, and fully gutted and rehabbed the largest unit in the building in 2024- a 4 bedroom 2 bathroom (one new full bath was added), installed insulation in ceilings around the building, and added a master walk-in closet to the south lower level unit. Given the substantial rents collected every month, this is a great property for any investor! see photos and additional info.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1914
    Total area 7,250 SF
    UPID US28-5648376
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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