5701 W Roosevelt Road Cicero, IL ^$ 1,850,000

5701 W Roosevelt Road

^$ 1,850,000

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5701 W Roosevelt Road

Cicero, IL, 60804

^$ 1,850,000

Bedrooms9 Baths0.0 Sq 15,547

Monthly Estimate*

^$ 11,542

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Multi-Family Home for sale in Cicero, IL

for $1,850,000 with 9 bedrooms. This 15,547 square foot home was built in 1928 on a lot size of 0.242103.

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.

Multi-Family Active

Price

^$ 1,850,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 42,928

Style

Multi-Family

Lot Size

0.242103

Year Built

1928

Town/City

Cicero

County/Region

Cook

MLS | Web ID

12319200

Features

General

Cooling Window Unit(s)

Utilities Water Available

Roof Rubber

Zoning MULTI

Construction Materials Brick

Year Built 1928

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat Hot Water

Stories Count 3

Township Cicero

Tax Year 2023

Current Use Multi-Family

Gross Income 251030

County Cook

Net Operating Income 149595

Operating Expense 93904

Insurance Expense 99999

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 99999

Possible Use Commercial Multi-Family Retail

Status Active

Directions Cicero north or south to W Roosevelt road west to 5701 w. Roosevelt Road.

City Cicero

Number Of Units Total 18

MLS Area Cicero

Lot Size Square Feet 10546

Tax Annual Amount 42928

Electric Expense 99999

Fuel Expense 99999

Trash Expense 99999

Water Sewer Expense 99999

Additional Parcels Y/N Y

Standard Status Active

Cap Rate 8.09

Interior

Basement Cellar

Exterior

Foundation Details Concrete Perimeter

Building Area Total 15547

Lot Dimensions 125 X 60

Frontage Type City Street

* Excluded Features

List By

Coldwell Banker Commercial Nrt

Broker

paul@paulproanoproperties.com;paul@paulproanoproperties.com

Affordability Calculator

$15,119

Per Month

Monthly Principal & Interest: $11,542
Monthly Property Taxes: $3,577
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cicero, IL

Average List Price ^$504,081

Percent of Sale Price 73%

About Cicero, IL

83,793 Population

-2% Since 2002

^$42,804 Median Income

30.99 Median Age

47% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/28/2025	$1,850,000	-2.12%	Price Down
9/25/2025	$1,890,000	-7.35%	Price Down
9/8/2025	$2,040,000	-0.49%	Price Down
6/2/2025	$2,050,000	-2.38%	Price Down
3/28/2025	$2,100,000		Listed Price

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5701 W Roosevelt Road, Cicero, IL, 60804 is a Multi-Family Home for sale at $1,850,000 with 15,547 sqft and a lot size of 0.242103. 5701 W Roosevelt Road has 9 bedrooms, 0.0 baths, and was built in 1928. The property's zip code is 60804 which is in Cicero, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 12/20/2025.

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5701 W Roosevelt Road

Multi-Family Home for sale in Cicero, IL

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