5101 W 31st Place, Cicero, IL
  • $450,000

Description

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

  • Listing Courtesy of: Realty of America, LLC

Details

Updated on June 28, 2026 at 11:50 am
  • Property ID MRD12614708
  • Price $450,000
  • Land Area 0.12 Acres
  • Bedrooms 6
  • Year Built 1909
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 16332040120000
  • Water Source Lake Michigan
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 80
  • Living Area 0.12
  • Cumulative Days On Market 34
  • Tax Annual Amount 10053.83
  • Heating Radiator(s)
  • Parking Features Driveway,Yes,Owned
  • Directions SE SEC 28 & NH NE SEC
  • Address 5101 W 31st Place
  • City Cicero
  • State/county IL
  • Zip/Postal Code 60804
  • Country United States

Overview

Property ID: MRD12614708
  • Multi Family
  • Property Type
  • 6
  • Bedrooms
  • 1909
  • Year Built

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