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5701 W Roosevelt Road

Cicero, IL 60804
  • $1,850,000
  • STATUS: Active
  • ON SITE: 295 Days
  • MLS #: 12319200
UPDATED: 66 min ago
$1,850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1928
County:
Area:

School Ratings & Info

Description

The Proano Commercial Group is pleased to present a compelling investment opportunity at 5701 W. Roosevelt Road in Cicero, Illinois. This turnkey 18-unit mixed-use property features two commercial storefronts and sixteen residential apartments, including a mix of studios, one-bedroom, and two-bedroom units. The building for the most part renovated, enjoys high occupancy, and is efficiently operated with separate utilities and individual furnaces. Situated just one mile from I-290 and approximately nine miles from downtown Chicago, the asset sits on a prime corner lot and includes an adjacent vacant parcel, offering a unique opportunity for future development or additional income streams.

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© 2026 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 Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-01-18T17:12:21.967 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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5701 W Roosevelt Road Cicero, IL 60804

  • Price: $1,850,000
  • Status: Active
  • On Site: 295 Days
  • Updated: 66 min ago
  • MLS #: 12319200
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1928
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
The Proano Commercial Group is pleased to present a compelling investment opportunity at 5701 W. Roosevelt Road in Cicero, Illinois. This turnkey 18-unit mixed-use property features two commercial storefronts and sixteen residential apartments, including a mix of studios, one-bedroom, and two-bedroom units. The building for the most part renovated, enjoys high occupancy, and is efficiently operated with separate utilities and individual furnaces. Situated just one mile from I-290 and approximately nine miles from downtown Chicago, the asset sits on a prime corner lot and includes an adjacent vacant parcel, offering a unique opportunity for future development or additional income streams.
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City Street Roof Rubber Roof Structure FlatOther

Interior Features

Basement Details Cellar Cooling Window Unit(s) Heat Ventilation Central Heat/Indiv ControlsHot Water

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 15547 Built Before1978 YN Yes Current Use Multi-Family Electric Circuit Breakers Gross Income 251030 Gross Scheduled Income 251030 Insurance Expense 99999 Location Central Business DistrictCornerMixed Use AreaOut Lot of Shopping Center Maintenance Expense 99999 Mls Actual Status Active Net Operating Income 149595 Operating Expense 93904 Ownership Types Limited Partnership Possible Use CommercialMulti-FamilyRetail Tax Annual Amount 42928 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeatHot Water Total Monthly Income 20919 Township Cicero Type Multi Family 5+ Utilities Water Available Zoning MULTI

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Commercial NRT: (312) 860-4043.


© 2026 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 Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-01-18T17:12:21.967 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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Chicago IL, 60642