Properties

Features
: Natural Gas
: Partial , Unfinished
: Garage Owned , Garage , Detached , Yes
: Public Sewer
Address Map
US
IL
Cook
Cicero
60804
23rd
5400
Street
W88° 14' 27.2''
N41° 50' 57.6''
Laramie to Cermak west to 54th AVE south to 23rd Street to property.
Cicero
Cicero
W
W
MULTI
Neighborhood
201
201
201
Additional Information
: Street Paved , Sidewalks , Street Lights , Gated
: Brick
: Brick/Mortar , Concrete Perimeter
2
: Corner Lot
30X135
949000
: Public , Lake Michigan
Berkshire Hathaway HomeServices Chicago
Fei Martin
Financial
13348
Listing Information
870684
10317
MRED
: None
Listing Information
Active
2026-08-21T05:06:09Z
2026-08-21T05:05:23Z
Property Description

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 capital expenditure needs. Perfect for investors seeking immediate cash flow and long-term appreciation potential.

Residential Income For Sale

5400 W 23rd Street, Cicero, Illinois 60804

  • Bedrooms : 8
  • Bathrooms : 5
  • Lot Size: 0.09 Acre
$899,000
Listing ID#12682695
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12682695
Price : $899,000
Bedrooms : 8
Rooms : 12
Bathrooms : 5
Year Built : 1913
Lot Size : 0.09 Acre
Listing Status : Active
Roof
Roof : Asphalt
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