Turnkey 18-Unit Building with Development Upside & Seller Financing

For Sale

Roosevelt Rd, Cicero, IL 60804

This Cicero property for sale is located at Roosevelt Rd. The current listed sale price for Turnkey 18-Unit Building with Development Upside & Seller Financing is $2,050,000. Turnkey 18-Unit Building with Development Upside & Seller Financing is situated on a lot that is 10,546 acre in size.

Contacts

broker
Paul Proano

Coldwell Banker Realty

Property Details

  • Property Type Multi-Family
  • Units 18
  • Lot Size 10,546 Acre
  • # of Floors 3
  • Date Updated Aug 12, 2025
The Proano Commercial Group is proud to present 5701 W. Roosevelt Road in Cicero, IL—an 18-unit mixed-use building in a high-demand area, offering strong cash flow and long-term potential. The 15,547 SF masonry property features two commercial storefronts and 16 residential units (studios, one- and two-bedrooms), with 90% of the units already remodeled. High occupancy, long-term tenants, and separate utilities make for efficient operations. An adjacent vacant lot is included, offering future development potential. Seller financing is now available with an 18-month interest-only bridge loan at 6.75%, secured by the property, with a minimum 25% down payment and no prepayment penalty. This structure provides buyers with positive leverage and a window to refinance once rates shift or stabilize, while keeping carry costs low. Located just one mile from I-290, this is a prime opportunity to acquire a stabilized asset with upside and flexible terms.
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Highlights

  • Age: Over 50 Years Old
  • Highlights : Prime Location – Corner site at Roosevelt Rd. & 57th Ave., 1 mile to I-290, 9 miles to downtown. Strong Market – Surrounded by residential, commercial, and mixed-use properties. Mixed-Use – 18 units: 2 retail + 16 residential (6 studios, 6 one-beds, 4 two-beds). Solid Build – 3...
  • Lot Size: Under 1/2 Acre
  • Sewer: City
  • Water: City Water

Attachments

Getting around

  • 76/100

    Walk Score ®

  • 64/100

    Transit Score ®

  • 59/100

    Bike Score ®

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Location

  • City Cicero, IL
  • Zip Code 60804
  • Market Chicago

Points of Interest

  • 54th/Cermak

    1.08 miles

  • Cicero

    1.12 miles

  • Kostner

    1.91 miles

  • Berwyn

    2.60 miles

  • Central Park

    2.79 miles

  • Harlem Avenue

    2.92 miles

  • Kedzie

    3.25 miles

  • Riverside

    3.84 miles

  • Maywood

    4.02 miles

  • Uber Tent

    5.05 miles

  • Shell

    0.15 miles

  • Citgo

    0.49 miles

  • Mobil

    0.66 miles

  • BP

    0.67 miles

  • Minute Man

    0.80 miles

  • Fuel Stop

    0.87 miles

  • King

    0.98 miles

  • Soofa Solar Phone Charger

    2.76 miles

  • ChargePoint

    4.22 miles

  • EVgo

    5.11 miles

  • 54th/Cermak Park & Ride

    0.96 miles

  • Lot 57

    1.07 miles

  • Lot 46 G

    1.39 miles

  • Jewel Osco Lot

    1.47 miles

  • Lot 84

    1.51 miles

  • West Suburban Hospital Parking Garage

    1.92 miles

  • Avenue Parking Garage

    2.07 miles

  • Holly Court Parking Garage

    2.55 miles

  • Forest Park Park & Ride

    2.58 miles

  • Shamrock Motel

    1.12 miles

  • Karavan Motel

    1.25 miles

  • Cindy Lyn Motel

    1.85 miles

  • Chicagoland Motel

    3.51 miles

  • Presidential Inn

    3.62 miles

  • Cicero Motel

    4.00 miles

  • Travel Inn Motel

    4.09 miles

  • Fullerton Hotel

    4.61 miles

  • Skylark Motel

    4.80 miles

  • Carlton Inn Midway

    4.83 miles

  • ALDI

    0.17 miles

  • Leamington Foods

    1.02 miles

  • Supermercado La Chiquita

    1.36 miles

  • Jewel-Osco

    1.44 miles

  • Torres Supermercado

    1.44 miles

  • Carnival Grocery

    1.49 miles

  • Torres Fresh Market

    1.62 miles

  • Cermak Fresh Market

    1.71 miles

  • Burlington

    1.73 miles

  • Ross

    2.04 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Paul Proano

Coldwell Banker Realty

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