Map of Property

5017 W 14th St

5017 W 14th St, Cicero, IL 60804

  • For Sale $1,248,000
  • Property Type Multi-Family
  • Property Size 18,375 SF
  • Units 17
  • Lot Size 0.14 Acre
  • Parking Spaces Avail. 10
  • Property Tenancy Multi-Tenant
  • Year Built 1949
  • Year Renovated 2019
  • Date Updated Feb 29, 2024
Discover the vibrant and diverse community surrounding the location at 5017 W 14th St, Cicero, IL. This dynamic neighborhood offers an array of local conveniences, including easy access to public transportation, schools, and shopping centers. With its rich cultural heritage, residents and tenants can enjoy the thriving local food scene, community events, and proximity to parks and recreational facilities. The area’s strategic location provides an attractive environment for a prospective Multifamily / Low-Rise/Garden investor, with potential for steady demand and a strong sense of community. This prime location offers an ideal opportunity to invest in the heart of this bustling and dynamic community.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.

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Highlights

  • High cap rate - 10.44%
  • Rare, high cash on cash return at the current market - 28.36%
  • Quick access to the I-290
  • 3 parking garages with 10 parking spaces
  • 100% occupied and it has a high, long-term occupancy record

Contacts

broker

Tony Liu

YOUMU Ventures

(312) 888-5486

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Transit Score ®

    59/100 Good Transit

  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Cicero, IL
  • Neighborhood Cicero
  • Zip Code 60804
  • Market Chicago

Points of Interest

  • Cicero

    0.69 miles

  • Cicero

    0.74 miles

  • 54th/Cermak

    0.78 miles

  • Kostner

    1.05 miles

  • Cicero

    1.25 miles

  • Pulaski

    1.42 miles

  • Pulaski

    1.45 miles

  • Austin

    1.49 miles

  • Cicero

    1.72 miles

  • Laramie

    1.76 miles

  • Mobil

    0.31 miles

  • Mobil

    0.32 miles

  • Shell

    0.37 miles

  • BP

    0.67 miles

  • Citgo

    0.73 miles

  • Shell

    0.74 miles

  • BP

    0.80 miles

  • Gulf

    0.81 miles

  • Amoco

    0.83 miles

  • BP

    0.98 miles

  • 54th/Cermak Park & Ride

    0.96 miles

  • Lot 57

    1.91 miles

  • Lot 46 G

    2.15 miles

  • Jewel Osco Lot

    2.28 miles

  • Lot 84

    2.38 miles

  • West Suburban Hospital Parking Garage

    2.47 miles

  • Avenue Parking Garage

    2.85 miles

  • Trailer Parking

    3.27 miles

  • Holly Court Parking Garage

    3.36 miles

  • Hatch School Parking Lot

    3.44 miles

  • Shamrock Motel

    0.35 miles

  • Karavan Motel

    0.40 miles

  • Cindy Lyn Motel

    1.40 miles

  • Hyatt Place Chicago - Medical / University District

    4.05 miles

  • Hyatt House Chicago - Medical / University District

    4.12 miles

  • Carlton Inn Midway

    4.27 miles

  • Hotel Chicago West Loop

    4.39 miles

  • Marriott at Medical District/UIC

    4.42 miles

  • Skylark Motel

    4.43 miles

  • Fullerton Hotel

    4.50 miles

  • Hody's Grill

    0.42 miles

  • Burger King

    0.73 miles

  • Dunkin'

    0.77 miles

  • Steak & Egger

    0.77 miles

  • Wendy's

    0.79 miles

  • Dunkin'

    0.79 miles

  • Sarno's

    0.80 miles

  • McDonald's

    0.82 miles

  • Subway

    0.83 miles

  • Little Caesars

    0.84 miles

  • Roosevelt School

    0.14 miles

  • Saint Anthony School

    0.15 miles

  • Liberty Elementary School

    0.18 miles

  • Morton Freshman Center

    0.60 miles

  • Unity West Junior High School

    0.67 miles

  • J. Sterling Morton Alternative High School

    0.69 miles

  • Michele Clark High School

    0.74 miles

  • A-Delta Driving School

    0.75 miles

  • May Community Academy

    0.81 miles

  • George Leland Elementary School

    0.85 miles

  • Sunny Days Kid's Academy

    1.57 miles

  • ABC Toon Town Day Care

    1.66 miles

  • Morningside Children's Academy

    1.67 miles

  • Little Folks Cottage Inc

    1.73 miles

  • Happy Days Child Care Center

    2.04 miles

  • Peter Cottontail Day Nursery

    2.15 miles

  • Blocks 24 hr Child Care Center

    2.40 miles

  • Back 2 Basics Day Care

    2.64 miles

  • Little Beginnings Day Care

    2.67 miles

  • The Day Nursery

    3.14 miles

Frequently Asked Questions

What is the lease rate for 5017 W 14th St?

Rental asking rate at 5017 W 14th St is $624,000.00/YR.

What is the total square footage of 5017 W 14th St?

5017 W 14th St totals 18,375 square feet.

When was this property built?

5017 W 14th St was built in 1949.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Tony Liu

YOUMU Ventures

(312) 888-5486