5607 West Roosevelt Road

Cicero, IL 60804

$398,000
Price
6
Beds
2
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Be the owner of this prominently placed and well-maintained Mixed-Use Property with a storefront/office w/basement on the first floor(currently a liquor store) 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 10.5% cap rate!...Be the owner of this prominently placed and well-maintained Mixed-Use Property with a storefront/office w/basement on the first floor(currently a liquor store) 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 10.5% cap rate! current CAP is 8.81%
  1. Listed by Vincent Romano • Berkshire Hathaway HomeServices Chicago
  2. Listed by Irene Alwan • Berkshire Hathaway HomeServices Chicago

Property Details for 5607 West Roosevelt Road

Area
Cicero
Township
Cicero
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Forced Air
LISTING UPDATED: 09/16/2024 12:17 PM

Property Details for 5607 West Roosevelt Road

StatusContingent
MLS #12047065
Days on Market133
Taxes$9,830 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1924
Lot Size-
CountyCook County

Virtual Tour

Building Information for 5607 West Roosevelt Road

Stories-Residences3Year Built1924Building Size-Lot Size-

Property Information for 5607 West Roosevelt Road

General Information
School Information
  • Elementary School District: 99
  • High School District: 99
  • Middle Or Junior School District: 99
Addtl Parking Information
  • Garage On Site: true
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 19
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • # Full Baths in Building: 2
  • # Half Baths in Building: 1
  • Num of Baths: 2.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2016
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X124.9X25X124.9
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: Commuter Bus
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2024-09-11T15:37:30
  • Photos Count: 37
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: Video
Multi Family
Income & Expenses
  • Gross Income: $50,400.00
  • Insurance Expense: $2,997.00
  • Insurance Expense Source: Owner Projection
  • Water Expense Source: Owner Projection
  • Net Operating Income: $35,073.00
  • Water Sewer Expense: $2,500.00
Unit 1
  • Unit Type Actual Rent: $1,550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 04/25
Unit 2
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 4/25
Unit 3
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 08/25

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 2
Public - 5 to 8
Public - 7 to 8
Public - 10 to 12
Rating
School
Distance
Daniel Burnham Elementary School
PublicK to 2

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.

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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 09/16/2024 12:17 PM. 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.