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5400 W 23rd St, Cicero, IL 60804

Beds
8
Baths
5
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byBerkshire Hathaway HomeServices Chicago
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Overview

Turnkey, condo-quality 4-unit investment property! This extensively gut-rehabbed building features high-end finishes throughout and offers an excellent unit mix consisting of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit. All units are currently leased, providing immediate cash flow with a strong cap rate. Each apartment includes in-unit washer and dryer, separate HVAC systems, and individual water heaters, helping reduce owner expenses and simplify maintenance. The property has been renovated with modern kitchens, updated bathrooms, newer mechanicals, and quality finishes throughout. Conveniently located near schools, parks, shopping, dining, public transportation, and major expressways, this property offers strong tenant appeal and excellent accessibility. The desirable location supports stable occupancy and long-term rental demand. A rare opportunity to acquire a fully stabilized, turnkey asset with strong in-place income and minimal capital expenditure needs. Perfect for investors seeking immediate cash flow and long-term appreciation potential.

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
8
Number of bathrooms
5
Lot size (acres)
0.09
Year built
1913

Interior features

Laundry
In Unit Washer/Dryer

Exterior features

Area amenities
Gated Community
Horse amenities
Stable

Garage and parking

Garage parking spaces
2

Utilities

Heating
Natural Gas
Sewer
Public Sewer
Water
Other, Public Water

Taxes

Tax Annual Amount (2024)
$13,348

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12682695 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.