5400 W 23rd Street Cicero, IL $ 949,000
5400 W 23rd Street
$ 949,000
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5400 W 23rd Street

Cicero, IL, 60804
$ 949,000
Bedrooms8 Baths5.0

Monthly Estimate*

$ 5,843

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Multi-Family Home for sale in Cicero, IL

for $949,000 with 8 bedrooms and 5 full baths. This home was built in 1913 on a lot size of 0.09.

Turnkey, condo-quality 4-unit investment property! This extensively gut-rehabbed building features high-end finishes throughout and offers an excellent unit mix consisting of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit. All units are currently leased, providing immediate cash flow with a strong cap rate. Each apartment includes in-unit washer and dryer, separate HVAC systems, and individual water heaters, helping reduce owner expenses and simplify maintenance. The property has been renovated with modern kitchens, updated bathrooms, newer mechanicals, and quality finishes throughout. Conveniently located near schools, parks, shopping, dining, public transportation, and major expressways, this property offers strong tenant appeal and excellent accessibility. The desirable location supports stable occupancy and long-term rental demand. A rare opportunity to acquire a fully stabilized, turnkey asset with strong in-place income and minimal capital expenditure needs. Perfect for investors seeking immediate cash flow and long-term appreciation potential.

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Multi-Family Active

Price

$ 949,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 13,348

Style

Lot Size

0.09

Year Built

1913

Town/City

Cicero

County/Region

Cook

MLS | Web ID

12682695

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing Immediate
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1913
Township Cicero
Tax Year 2024
Ownership Fee Simple
Gross Income 94800
Community Features Gated Sidewalks Street Lights Street Paved
County Cook
Net Operating Income 74155
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Garage(s)
Total Rooms 12
Status New
Directions Laramie to Cermak west to 54th AVE south to 23rd Street to property.
City Cicero
High School District 201
MLS Area Cicero
Tax Annual Amount 13348
Standard Status Active
Middle/Junior School District 201
Elementary School District 201
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Interior
Basement Unfinished Partial
Total Bedrooms 8
Total Baths 5
Bedrooms Possible 8
Full Baths Building 5
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Yes Garage Owned Detached Garage
Lot Features Corner Lot
Water Source Lake Michigan Public
Total Parking 3
Foundation Details Brick/Mortar Concrete Perimeter
Lot Dimensions 30X135
Lot Size Acres 0.09
Waterfront Y/N N
Other Equipment Multiple Water Heaters
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* Excluded Features
List By
Berkshire Hathaway Homeservices Chicago

Broker

huyanfei13@gmail.com

Email

Affordability Calculator

$6,955
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,843
Monthly Property Taxes
$1,112
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
568051 Elementary School
567204 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/19/2026$949,000 Listed Price

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5400 W 23rd Street, Cicero, IL, 60804 is a Multi-Family Home for sale at $949,000 with a lot size of 0.09. 5400 W 23rd Street has 8 bedrooms, 5.0 baths, and was built in 1913. The property's zip code is 60804 which is in Cicero, IL