5434 25Th StCicero, IL 60804

For Sale
$815,000

High-Income, Low-Maintenance 5-Unit Building

Overview

Added:
Feb 3
Days on market:
39
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.

Property Details for 5434 25Th St

Property type
Other commercial real estate
Year Built
1914

Location Insight

City
Cicero
County
Cook
State
Illinois
Latitude
41.84583
Longitude
-87.76059
5434 25Th St, Cicero, Illinois

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5434 25Th St
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