5801 W 16th Street Cicero, IL $ 795,000
5801 W 16th Street
$ 795,000
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5801 W 16th Street

Cicero, IL, 60804
$ 795,000
Bedrooms8 Baths5.1

Monthly Estimate*

$ 4,895

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Multi-Family Home for sale in Cicero, IL

for $795,000 with 8 bedrooms and 5 full baths, 1 half bath. This home was built in 1915.

INCREDIBLE OPPORTUNITY! This mixed-use property is superbly upgraded and beautifully maintained. 4 gorgeous, fully appointed apartments and a fabulous corner storefront, currently used as a beauty salon, plus 2-car garage. Sale also includes the adjacent lot, which currently is used as wonderful outdoor space for the tenants! Perfect property for an Owner-User. Run your business, live in the deluxe 3br apartment, and collect rent from the other 3 apartments (2x-2BR, and 1BR Studio)! Amazing investment with so many options. Call for more details about status of current ownership and occupancy.

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Multi-Family Active

Price

$ 795,000

Bedrooms

8

Full Bath

5

Half Bath

1

Property Type

Multi-Family

Taxes

$ 10,529

Style

Year Built

1915

Town/City

Cicero

County/Region

Cook

MLS | Web ID

12607543

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing Tenant's Rights
Garage Spaces 2
Construction Materials Brick
Year Built 1915
Township Cicero
Tax Year 2024
Ownership Fee Simple
Gross Income 91200
Additional Parcels Description 16204030090000
County Cook
Net Operating Income 66690
Insurance Expense 4700
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status New
Directions 290 off at Central south to 16th west to property
City Cicero
High School District 299
MLS Area Cicero
Tax Annual Amount 10529.74
Electric Expense 1320
Fuel Expense 0
Trash Expense 2800
Water Sewer Expense 5160
Additional Parcels Y/N Y
Virtual Tour https://youriguide.com/5801_w_16th_st_cicero_il
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 8
Total Baths 5
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 1
Total Number of Units 4
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Exterior
Parking Features Yes Detached Garage
Water Source Lake Michigan Public
Total Parking 5
Lot Dimensions 7412
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Onechicago

Broker

tom@weinbergchoi.com

Email

Affordability Calculator

$5,772
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,895
Monthly Property Taxes
$877
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$795,000 Listed Price

Map


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5801 W 16th Street, Cicero, IL, 60804 is a Multi-Family Home for sale at $795,000. 5801 W 16th Street has 8 bedrooms, 5.1 baths, and was built in 1915. The property's zip code is 60804 which is in Cicero, IL