5028 W 31st Pl - Apartments FOR SALE


Cicero, IL 60804
$1,189,000 USD
630-207-2760
5028 W 31st Pl, Cicero, IL for Sale
$1,189,000 USD
Apartments - FOR SALE
1/36
null | 8.05% Cap Rate

5028 W 31st Pl
Cicero, IL 60804


HIGHLIGHTS

  • large apartments providing much higher than average rents per unit; and leased storage space in the garage.
  • renovations include: new furnaces, water tanks, and electrical boxes since 2019-2020, hardy board siding.
  • all new roofing 2023.

OVERVIEW

cooperating broker commission can be negotiated with a sales contract. see additional information for detailed financials in this listing or via the MLS. there are 6 units, a garage and 7 storage spaces that are leasable. Arial photos are old, all new roofing has since been installed in the gable roof systems and the flat roof systems.

FOR SALE DETAILS

PRICE

$1,189,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

6

PRICE/UNIT

$198,167

CAP RATE

8.05%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

16-33-202-016-0000

ASK ABOUT THIS PROPERTY

Victor PostillionSkydan Real Estate Sales, LLCMore Info
630-207-2760

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Victor PostillionSkydan Real Estate Sales, LLCMore Info
630-207-2760

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