Prime 18-Unit Mixed-Use Investment Property | High-Occupancy, Renovated Units

Roosevelt Rd, Cicero, IL 60804

  • For Sale $2,100,000
  • Property Type Multi-Family
  • Units 18
  • Lot Size 10,546 Acre
  • # of Floors 3
  • Date Updated Apr 2, 2025
The Proano Commercial Group is proud to present this exceptional investment opportunity at 5701 W. Roosevelt Road, Cicero, IL. This 18-unit mixed-use building offers a prime location in a high-demand area, ideal for investors seeking stable cash flow and long-term appreciation. Spanning approximately 15,547 square feet, the three-story masonry-constructed property features two street-facing commercial storefronts and 16 residential units, including six studios, six one-bedroom, and four two-bedroom apartments. With 90% of the residential units already remodeled, minimal capital expenditure is required, providing immediate value to the next owner. The property boasts high occupancy rates, long-term retail tenants, and separate utilities for each unit, ensuring operational efficiency. Additionally, the sale includes an adjacent empty lot, offering significant development potential for expansion or new construction. Conveniently located just one mile from I-290, this asset offers excellent accessibility and is surrounded by a vibrant mix of residential, commercial, and industrial developments. Don’t miss this opportunity to acquire a well-maintained, income-generating property with additional development upside in a thriving suburban market.
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Attachments

Highlights

  • Age: Over 50 Years Old
  • Lot Size: Under 1/2 Acre
  • Sewer: City
  • Water: City Water
  • Prime Location – High-demand area with strong rental potential. Mixed-Use Asset – 18 units: 2 retail storefronts + 16 residential (6 studios, 6 one-bedrooms, 4 two-bedrooms). Solid Construction – Three-story masonry building, 15,547 sq. ft. Updated Units – 90% of residential units renovated,...

Contacts

broker
Paul Proano

Coldwell Banker Realty

Location

Getting Around

  • Walk Score ®

    61/100 Somewhat Walkable

  • Transit Score ®

    68/100 Good Transit

  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Cicero, IL
  • Zip Code 60804
  • Market Chicago

Points of Interest

  • Cicero

    0.45 miles

  • Kostner

    0.98 miles

  • 54th/Cermak

    1.17 miles

  • Central Park

    1.68 miles

  • Kedzie

    2.11 miles

  • Berwyn

    3.41 miles

  • Harlem Avenue

    3.78 miles

  • Uber Tent

    3.88 miles

  • Ashland

    4.43 miles

  • California

    4.58 miles

  • Shell

    0.08 miles

  • Mobil

    0.14 miles

  • BP

    0.35 miles

  • Amoco

    0.43 miles

  • Gulf

    0.51 miles

  • Falcon

    0.76 miles

  • Soofa Solar Phone Charger

    3.35 miles

  • EVgo

    3.91 miles

  • Electrify America

    4.58 miles

  • Blink ParkChip Garage - 1035 Van Buren

    4.72 miles

  • 54th/Cermak Park & Ride

    1.39 miles

  • Lot 57

    2.12 miles

  • Lot 46 G

    2.30 miles

  • Jewel Osco Lot

    2.46 miles

  • West Suburban Hospital Parking Garage

    2.48 miles

  • Lot 84

    2.70 miles

  • Visitor Parking

    2.81 miles

  • Avenue Parking Garage

    2.99 miles

  • Shamrock Motel

    0.08 miles

  • Karavan Motel

    0.53 miles

  • Cindy Lyn Motel

    1.69 miles

  • Hyatt Place Chicago - Medical / University District

    3.67 miles

  • Hyatt House Chicago - Medical / University District

    3.73 miles

  • Cicero Motel

    3.82 miles

  • Hotel Chicago West Loop

    4.00 miles

  • Courtyard by Marriott Chicago at Medical District / UIC

    4.03 miles

  • Fullerton Hotel

    4.16 miles

  • Chicagoland Motel

    4.30 miles

  • Hody's Grill

    0.01 miles

  • Taqueria Los Altos De Jalisco

    0.80 miles

  • Pollos Al Carbon

    0.81 miles

  • Irene's Pizza

    0.85 miles

  • Chepe's Tortillas

    0.86 miles

  • Subway

    0.90 miles

  • Scatchell's Beef & Pizza

    0.97 miles

  • Dunkin'

    0.97 miles

  • Chipotle

    1.02 miles

  • Popeyes

    1.02 miles

  • Liberty Elementary School

    0.29 miles

  • Saint Anthony School

    0.46 miles

  • Roosevelt Elementary School

    0.53 miles

  • Michele Clark Magnet High School

    0.62 miles

  • George W. Leland Elementary School

    0.65 miles

  • Sumner Elementary School

    0.69 miles

  • Hughes Elementary School

    0.71 miles

  • Frazier International Magnet School

    0.89 miles

  • Chicago Jesuit Academy

    0.90 miles

  • Webster Elementary School

    0.91 miles

  • Our Lady of Lourdes Child Development Center

    0.80 miles

  • Herzl Child-Parent Center

    1.24 miles

  • Little Folks Cottage Inc

    1.83 miles

  • ABC Toon Town Day Care

    1.89 miles

  • Sunny Days Kid's Academy

    1.90 miles

  • Morningside Children's Academy

    2.00 miles

  • YMCA Child Care

    2.01 miles

  • Dorie Miller Child Parent Center

    2.23 miles

  • Happy Days Child Care Center

    2.47 miles

  • Blocks 24 hr Child Care Center

    2.66 miles

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Contact Listing Broker
broker
Paul Proano

Coldwell Banker Realty

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