5017 W 14th St - Apartments FOR SALE


Cicero, IL 60804
$1,248,000 USD
312-888-5486
5017 W 14th St, Cicero, IL for Sale
$1,248,000 USD
Apartments - FOR SALE
1/14
null | 10.44% Cap Rate

5017 W 14th St
Cicero, IL 60804


HIGHLIGHTS

  • 10.44% CAP
  • Quick access to the highway, just a 3-min drive to I-290 Garage parking - 3 parking garages with 10 parking spaces
  • Easy to rent building - 100% occupied and it has a high, long-term occupancy record

OVERVIEW

Introducing a prime investment opportunity in Cicero, IL: a meticulously maintained, 18,375 SF low-rise offering 17 fully occupied units. This landmark property, dating back to 1949 and thoughtfully renovated in 2019, boasts a remarkable 10.44% cap rate and an exceptional 28.36% cash-on-cash return. With a convenient location just minutes from I-290, this R-3 zoned gem provides ease of access and 3 parking garages with 10 spaces, enhancing its appeal to investors. Don't miss out on this compelling, consistently high-performing property with a strong history of long-term tenancy.

FOR SALE DETAILS

PRICE

$1,248,000 USD

PRICE/SF

$68 USD /SF

# OF UNITS

17

PRICE/UNIT

$73,412

CAP RATE

10.44%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1949

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R-3; Cicero

APN/PARCEL ID

16-21-219-001-0000

ASK ABOUT THIS PROPERTY

Tony LiuYoumu VenturesMore Info
312-888-5486

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Tony LiuYoumu VenturesMore Info
312-888-5486

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.