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5101 W 31st Pl, Cicero, IL, 60804

6beds
3baths
--sqft
$450,000
--price/sqft
$3,349/moest. monthly cost
$133,960/yrincome needed

About This Home

Exceptional investment opportunity in the heart of Cicero! This massive 6,150 sq ft mixed-use building is hitting the market for the very first time, offering endless potential for investors, developers, or owner-occupants looking to create value. The property features three spacious residential units along with a commercial storefront and an additional hall space, making it an ideal income-producing asset with multiple revenue streams. The hall offers added versatility-perfect for events, gatherings, storage, or potential conversion to suit your needs. Each residential unit offers generous layouts, providing the perfect canvas for modernization or customization to meet today's market demands. Situated in a prime, high-visibility location, the commercial space is well-positioned for a variety of business uses, benefiting from steady foot traffic and strong community presence. Whether you envision retail, office, or service-oriented use, the possibilities are wide open. Bring your ideas and transform this unique building into a standout investment tailored to your vision. Opportunities like this don't come around often-schedule your showing and explore the full potential today! SOLD AS IS

Getting Around

74
WalkingVery Walkable
48
TransitSome Transit
50
BikeBikeable

Schools

3/10
Unity Jr High SchoolGrades 7-81.2 mi

Construction

Condition

  • Year built: 1909

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Partial

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 4

Heating

  • Heating features: Radiator(s)

Property

Details

  • Parcel number: 16332040120000
  • Special condition: None

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 125x45

Parking

  • Total spaces: 2
  • Parking features: Driveway,Yes,Owned
  • Has uncovered spaces: Yes