Prime 18-Unit Mixed-Use Investment Property | High-Occupancy, Renovated Units

For Sale

Roosevelt Rd, Cicero, IL 60804

This Cicero property for sale is located at Roosevelt Rd. The current listed sale price for Prime 18-Unit Mixed-Use Investment Property | High-Occupancy, Renovated Units is $2,050,000. Prime 18-Unit Mixed-Use Investment Property | High-Occupancy, Renovated Units 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 Jun 18, 2025
The Proano Commercial Group is proud to present this exceptional investment opportunity at 5701 W. Roosevelt Road, Cicero, IL. This 18-unit mixed-use building offers a prime location in a high-demand area, ideal for investors seeking stable cash flow and long-term appreciation. Spanning approximately 15,547 square feet, the three-story masonry-constructed property features two street-facing commercial storefronts and 16 residential units, including six studios, six one-bedroom, and four two-bedroom apartments. With 90% of the residential units already remodeled, minimal capital expenditure is required, providing immediate value to the next owner. The property boasts high occupancy rates, long-term retail tenants, and separate utilities for each unit, ensuring operational efficiency. Additionally, the sale includes an adjacent empty lot, offering significant development potential for expansion or new construction. Conveniently located just one mile from I-290, this asset offers excellent accessibility and is surrounded by a vibrant mix of residential, commercial, and industrial developments. Don’t miss this opportunity to acquire a well-maintained, income-generating property with additional development upside in a thriving suburban market.
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Highlights

  • Age: Over 50 Years Old
  • Lot Size: Under 1/2 Acre
  • Prime Location – High-demand area with strong rental potential. Mixed-Use Asset – 18 units: 2 retail storefronts + 16 residential (6 studios, 6 one-bedrooms, 4 two-bedrooms). Solid Construction – Three-story masonry building, 15,547 sq. ft. Updated Units – 90% of residential units renovated,...
  • 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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