5938 W 16th Street Cicero, IL $ 399,900
5938 W 16th Street
$ 399,900
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5938 W 16th Street

Cicero, IL, 60804
$ 399,900
Bedrooms-- Baths-- Sq 3,500

Monthly Estimate*

$ 2,762

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Commercial Property for sale in Cicero, IL

for $399,900. This 3,500 square foot building was built in 1926 on a lot size of 0.080349.

EXCELLENT Investment opportunity in Cicero IL, Don't miss this great opportunity to own a versatile mixed-use property featuring two residential apartments, each with 2 bedrooms, plus a commercial storefront on the first floor (used to be a pizza place) but it could be any type of restaurant, coffee shop, etc.) subject to local zoning regulations. This property offers the potential to generate income from both residential and commercial spaces. The 2 residential units are currently rented. Whether you're an experienced investor or looking to start building your real-estate portfolio, this property is worth a closer look! Schedule your showing today and explore the possibilities this property has to offer!! All restaurant equipment will be included in the sale. This building is AS-IS condition.

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Commercial Active

Price

$ 399,900

Property Type

Commercial

Taxes

$ 16,912

Style

Lot Size

0.080349

Year Built

1926

Town/City

Cicero

County/Region

Cook

MLS | Web ID

12785562

Features
General
Cooling Window Unit(s)
Possession Closing
Zoning MULTI
Year Built 1926
Electric Separate Meters
Tenant Pays Electricity Heat
Stories Count 2
Property Subtype Mixed Use
Tax Year 2024
Gross Income 36000
County Cook
Insurance Expense 250
Property Type Commercial Sale Mixed Use
Status New
Directions Austin Ave south or north to 16th St and turn left or right to the building. Almost corner of Austin and 16th St.
City Cicero
Number Of Units Total 2
MLS Area Cicero
Lot Size Square Feet 3500
Tax Annual Amount 16912
Electric Expense 210
Fuel Expense 670
Trash Expense 209
Water Sewer Expense 209
Standard Status Active
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Exterior
Building Area Total 3500
Lot Dimensions 29X100
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* Excluded Features
List By
Smart Home Realty

Broker

angelina2realtor@gmail.com

Email

Affordability Calculator

$4,171
Per Month
66%
34%
0%
Monthly Principal & Interest
$2,762
Monthly Property Taxes
$1,409
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$399,900 Listed Price

Map


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5938 W 16th Street, Cicero, IL, 60804 is a Commercial Property for sale at $399,900 with 3,500 sqft and a lot size of 0.080349. 5938 W 16th Street was built in 1926. The property's zip code is 60804 which is in Cicero, IL