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5017 W 14TH Street

Cicero, IL 60804
  • $1,548,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 11475665
UPDATED: 70 min ago
$1,548,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1949
County:
Area:

School Ratings & Info

Description

This a 3-story multifamily building with 17 units and 3 parking garages (10 Parking spaces) asking for only $91K/Unit which is a good price under the current market. It is 100% occupied and offering a 9% cap rate. With a 25% downpayment, the cash on cash return can reach 15.56%!

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2022-08-10T20:59:12.787 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5017 W 14TH Street Cicero, IL 60804

  • Price: $1,548,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 70 min ago
  • MLS #: 11475665
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1949
Built
Neighborhood:
Cicero
County:
Cook
Area:
Cicero
Property Description
This a 3-story multifamily building with 17 units and 3 parking garages (10 Parking spaces) asking for only $91K/Unit which is a good price under the current market. It is 100% occupied and offering a 9% cap rate. With a 25% downpayment, the cash on cash return can reach 15.56%!
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City Street Land Amenities Sidewalks Outdoor Parking None On Site Parking Total 10

Interior Features

Cooling None Fireplaces Total 0 Heat Ventilation Central Heat/Indiv ControlsGas Miscellaneous Inside Other Number Of Dishwashers 0 Number Of Dryers 0 Number Of Ranges 0 Number Of Washers 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 18375 Built Before1978 YN Yes Current Use Multi-Family Electric Power - 120V Fire Protection Alarm On Site Gross Income 196260 Gross Scheduled Income 196260 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 139197 Operating Expense 57062 Tax Annual Amount 36964 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 15975 Type Multi Family 5+ Utilities Water-CommunityWater-Municipal Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Youmu Ventures Llc.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2022-08-10T20:59:12.787 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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