5607 West Roosevelt Road

Cicero, IL 60804

$397,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Be the owner of this prominently placed, meticulously and well-maintained Mixed-Use Property with a storefront/office w/basement on the first floor and two three-bedroom 6-Room apartments on 2nd & 3rd Floors. Full basement and overhead sewers. Two Car Garage w/newer roof & back porch. Please see additional documentation for current and projected rents and income. Impressive numbers and investment is priced very well and attractive for serious investors. Easily achieve an 11% cap rate!Be the owner of this prominently placed, meticulously and well-maintained Mixed-Use Property with a storefront/office w/basement on the first floor and two three-bedroom 6-Room apartments on 2nd & 3rd Floors. Full basement and overhead sewers. Two Car Garage w/newer roof & back porch. Please see additional documentation for current and projected rents and income. Impressive numbers and investment is priced very well and attractive for serious investors. Easily achieve an 11% cap rate!

Property Details for 5607 West Roosevelt Road

Area
Cicero
Zoning
COMMR

Location

Listing Courtesy of Berkshire Hathaway HomeServices Chicago
Add your commute
LISTING UPDATED: 05/09/2024 10:14 AM

Property Details for 5607 West Roosevelt Road

StatusActive
MLS #12021326
Days on Market45
Taxes$7,310 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1924
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Chicago
Add your commute

Building Information for 5607 West Roosevelt Road

Stories-Residences3Year Built1924Lot Size0.07 AC / 3,125 SF

Payment Calculator

$2,776 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,167

Property Taxes

$609

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5607 West Roosevelt Road

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Open Parking Spaces: 2.0
Location and General Information
  • Geographic Locale: Chicago West
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 25 X 125
  • Lot Size Square Feet: 3125.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Building Area Total: 4700
  • # Of Offices: 1
  • # Of Stores: 1
  • Property Sub Type: Apts/Stores
  • MRD_UNC: Yes
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2024-05-07T17:27:43
  • Photos Count: 5
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $45,600.00
  • Gross Scheduled Income: $45,600.00
  • Insurance Expense: $2,997.00
  • Total Monthly Income: 3800
  • Net Operating Income: $32,707.00
  • Operating Expense: $12,895.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $2,500.00

Property History for 5607 West Roosevelt Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5607 West Roosevelt Road

Taxable ValueLand$2,890Additions$14,044Total$16,934
Tax Record2022$7,396 ($616 / month)
Home Facts
Baths4.5Total Finished SqFt4,704 SqFtAbove Grade Finished SqFt4,704 SqFtStories3Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1923CountyCOOKAPN16-20-207-007

Schools near 5607 West Roosevelt Road

This home is within J S Morton Hsd 201 School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 5 to 8
Public - 7 to 8
Public - 10 to 12
Rating
School
Distance
Daniel Burnham Elementary School
PublicK to 6

Mckinley Elementary School
Public5 to 8

Unity Jr High School
Public7 to 8

J Sterling Morton East High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5607 West Roosevelt Road is a mixed use property for sale in Cicero, IL 60804. This property was listed for sale on April 4, 2024 by Berkshire Hathaway HomeServices Chicago, it's currently listed at $397,000. It has been on the market for a total of 45 days and was last sold on May 4, 2016. This listing's school districts are J S Morton Hsd 201 School District, Cicero School District 99. Nearby schools include Daniel Burnham Elementary School, Mckinley Elementary School and Unity Jr High School. 5607 West Roosevelt Road is a 0-bed, 0-bath, mixed use property built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Chicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/09/2024 10:14 AM. 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.