5400 W 23rd Street, Cicero, IL 60804

Cicero
Local realty services provided by:Better Homes and Gardens Real Estate Connections
5400 W 23rd Street,Cicero, IL 60804
$949,000
  • 8 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: fei martin
Office: berkshire hathaway homeservices chicago
MLS#:12682695
Source:MLSNI

Price summary

  • Price:$949,000

About this home

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...

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Home facts

  • Year built:1913
  • Listing ID #:12682695
  • Updated:June 28, 2026 at 11:28 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:12
  • Basement Description:Partial, Unfinished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1913
  • Lot area:0.09 Acres
  • Lot Features:Corner Lot
  • Foundation Description:Brick/Mortar, Concrete Perimeter

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$949,000
  • Tax amount:$13,348 (2024)

Features and amenities

  • Amenities:Multiple Water Heaters

Parking

  • Total parking spaces:3
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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