351-355 South Cicero Avenue

Chicago, IL 60644

$595,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Nestled in the heart of Chicago's vibrant Westside, this well-maintained mixed-use building offers a perfect blend of commercial and residential opportunities. The property features three street-level storefronts, each with large display windows, ample foot traffic, and flexible layouts suitable for retail, office, or service-based businesses. Above, you'll find four fully tenant-occupied apartments, including 2bd/1bth units. Prime corner lot with excellent visibility in a bustling neighborhood with...Nestled in the heart of Chicago's vibrant Westside, this well-maintained mixed-use building offers a perfect blend of commercial and residential opportunities. The property features three street-level storefronts, each with large display windows, ample foot traffic, and flexible layouts suitable for retail, office, or service-based businesses. Above, you'll find four fully tenant-occupied apartments, including 2bd/1bth units. Prime corner lot with excellent visibility in a bustling neighborhood with three versatile storefronts with separate entrances and updated interiors; it also features four spacious apartments, each featuring modern kitchens, hardwood flooring, and abundant natural light, 100percent tenant-occupied, providing a steady income stream. Secure building with intercom entry and ample parking in a gated lot. This property is ideal for investors looking for a turnkey opportunity in a thriving area or business owners seeking a combination of personal and investment use. Schedule your showing today!
  1. Listed by Leslie Broughton • OwnYourOwn Realty

Property Details for 351-355 South Cicero Avenue

Area
CHI - Austin
Township
Hyde Park
Zoning
MULTI
LISTING UPDATED: 11/21/2024 12:06 AM

Property Details for 351-355 South Cicero Avenue

StatusActive
MLS #12211741
Days on Market43
Taxes$11,161 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1915
Lot Size0.15 AC / 6,612 SF
CountyCook County

Building Information for 351-355 South Cicero Avenue

Stories4Residences7Year Built1915Lot Size0.15 AC / 6,612 SF

Property Information for 351-355 South Cicero Avenue

General Information
Location and General Information
  • Geographic Locale: Chicago West
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Service - 201 to 600 Amps
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 4
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 5737
  • Lot Size Square Feet: 6612.0
  • Stories: 4
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Fire Extinguisher/s,Hydrants On Site,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 5737
  • # Of Offices: 3
  • # Of Stores: 3
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 3
  • Document Date: 2024-11-16T02:48:11
  • Photos Count: 31
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $73,800.00
  • Gross Scheduled Income: $73,800.00
  • Insurance Expense: $1,600.00
  • Insurance Expense Source: Actual
  • Other Expense Source: Actual
  • Trash Expense Source: Combination
  • Total Monthly Income: 6150
  • Water Expense Source: Combination
  • Other Expense: $1,500.00
  • Trash Expense: $280.00
  • Water Sewer Expense: $280.00

Property History for 351-355 South Cicero Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 351-355 South Cicero Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 11
Rating
School
Distance
Leland Elementary School
PublicPK to 8

Manley Career Academy High School
Public9 to 12

Clark Academy Prep Magnet High School
Public9 to 12

Bridgescape Academy North Lawndal
Public9 to 11

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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351-355 South Cicero Avenue is a mixed use property for sale in Chicago, IL 60644. This property was listed for sale on November 15, 2024 by OwnYourOwn Realty, it's currently listed at $595,000. It has been on the market for a total of 43 days and was last sold on May 5, 2022. This listing's school district is Chicago Public Schools. Nearby schools include Leland Elementary School, Manley Career Academy High School and Clark Academy Prep Magnet High School. 351-355 South Cicero Avenue is a 0-bed, 0-bath, mixed use property built in 1915.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of OwnYourOwn Realty

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 11/21/2024 12:06 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.