- 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 Dec 1, 2025
Description
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.
Highlights
- 100% occupied and it has a high, long-term occupancy record
- 3 parking garages with 10 parking spaces
- High cap rate - 10.44%
- Quick access to the I-290
- Rare, high cash on cash return at the current market - 28.36%
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Contacts
Tony Liu
YOUMU Ventures
Location
Contact Listing Broker
Tony Liu
YOUMU Ventures