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5434 W 25th Street, Cicero, IL 60804
$815,000
5434 W 25th Street, Cicero, IL 60804View this property at 5434 W 25th Street, Cicero, IL 60804
5434 W 25th StreetCiceroIL60804
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Property Description
AGENT OWNED. This is a great multi-family investment building. The building was converted from 7 units to 5 units in 2018 due to city compliance requirements. The building was completely rehabbed with new water lines, drains, and electrical. New roofs were installed above all residential spaces in 2019. New boiler, hot-water tank, and sump pumps were installed in 2020. The apartments have been updated with modern finishes, such as granite counter tops, stainless steel appliances, hardwood floors, ceramic bathroom floors, double vanitie in each of the 4 bed apartments, large walk-in showers in the upstairs apartments, roof top patio/walkway, and other upgrades. This building generates high income from the 5 units in the building and the two car garage. Very little maintenance is ever required since being rehabbed. All tenants are on long term leases and are up to date! If you have a buyer looking for an investment property generating a lot of income with few tenants, and requires low amount of maintenance and upkeep this is it! There are no furnaces or individual water takes to maintain, just a boiler and a large hot water tank which supplies the building. The current owner uses the basement for storage of his personal property management material. Two buildings to the west of the property there is a brand new laundromat.
Full Property Details
Full Property Details for 5434 W 25th St
General
- Price: $815,000
- Taxes: $15,656 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 11790947
- Updated: 9/13/2024
- Added to Site: 484 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: Cicero
- County: Cook
- Township: Cicero
- Driving Directions: Laramie to 25th St, W to property
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Gas, Radiators, Baseboard
Utilities
- Trash: 2305
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1914
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Lot Features
- Lot Dimensions: 27 x 125
- Frontage: City Street, Alley Access
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $4,618
- Operating Expenses: $29,074
- Other Fee: $400
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1914
- Tax Amount: $15,656.1
- Tax Year: 2023
- Tenant Pays: Electricity, Other
- Pays Electric: 575
- Pays Trash: 2305
Disclosures and Reports
- Property ID: 16281210260000
Listed by Skydan Real Estate Sales, LLC
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Schools
Schools serving 5434 W 25th St
School Districts:Cicero School District 99, J S Morton High School District 201
Rating | Name | Grades | Distance |
---|---|---|---|
5347 W 22nd Pl, Cicero, IL 60804 | PK-3 | 0.3 mi | |
2115 S 54th Ave, Cicero, IL 60804 | 7-8 | 0.5 mi | |
2423 S Austin Blvd, Cicero, IL 60804 | 9-12 | 0.6 mi | |
1801 S 55th Ave, Cicero, IL 60804 | 9-9 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5434 W 25th St
Date
Details
Price
Change
Source
8/05/2024
Price Reduced
$815,000
-1.21%
MLS
2/22/2024
Price Increased
$825,000
4.56%
MLS
5/24/2023
Listed
$789,000
730.53%
MLS
7/26/2018
Sold
$95,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5434 W 25th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,253
-1%
$8,580
—
2021
$2,266
-1%
$8,580
—
2020
$2,299
129%
$8,580
56%
2019
$1,004
3%
$5,488
—
2018
$976
1%
$5,488
—
2017
$967
-40%
$5,488
-6%
2016
$1,605
-42%
$5,842
—
2015
$2,770
4%
$5,842
—
2014
$2,670
-5%
$5,842
-14%
2013
$2,811
5%
$6,802
—
2012
$2,679
—
$6,802
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5434 W 25th St
5434 W 25th Street, Cicero, IL 60804 (MLS# 11790947) is a Commercial property. 5434 W 25th Street is currently listed for $815,000 and was received on May 24, 2023. Want to learn more about 5434 W 25th Street? Do you have questions about finding other Commercial real estate for sale in Cicero? You can browse all Cicero real estate or contact a Coldwell Banker agent to request more information.