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$1,100,000

  • Sold
  • Closed
  • Commercial
  • 15,547 Sq. Ft.
  • Updated 4 days ago
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Paul Proano Properties & Coldwell Banker Commercial Realty have been chosen to exclusively market this three-story masonry constructed mixed-use type building, containing an aggregate above-grade floor area of 15,475+- square feet offering two storefronts along Roosevelt Road, six studio apartments, six 1-bedroom apartments and four 2-bedroom apartments for a total of 18 units. The subject is a corner site located along the south side of Roosevelt Road and the west side of 57th Avenue, to the south of the site is a public alley. Roosevelt Road is a main, two lane east/west thoroughfare in Cicero. Improvements surrounding the subject include commercial, mixed-use buildings, apartment buildings and some single family residential, to the south along 57th Avenue is residential.

Full Property Details for 5701 W Roosevelt Rd

General

  • Sold For: $1,100,000
  • Taxes: $31,444 (2020)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 11605841
  • Added to Site: 1, 272 day(s) ago

Location

  • Area: Cicero
  • County: Cook
  • Driving Directions: Cicero north or south to W Roosevelt road, west to 5701 w. Roosevelt Road.
  • Location Details: Central Business District, Corner, Mixed-Use Area, Out Lot of Shopping Center

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Central Heat/Individual Controls, Hot Water

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Stories/Levels: 3
  • Square Feet: 15,547
  • Current Bldg. Use: Multi-Family
  • Year Built: 1928
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 16

Lot Features

  • Lot Size (Sq. Ft.): 7,160
  • Lot Dimensions: 125 x 60
  • Frontage: City Street
  • Potential Use: Commercial, Multi-Family, Retail
  • Zoning: RTAIL

Financial Considerations

  • Operating Expenses: $80,057
  • Assessment Year: 1928
  • Tax Amount: $31,444
  • Tax Year: 2020
  • Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

  • Property ID: 16202050070000

Meet the listing and selling agent

Meet the listing and selling agent
— 5701 W Roosevelt Rd —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5701 W Roosevelt Rd

School Districts:Cicero School District 99, J. Sterling Morton High School District 201
NameGradesDistance
Daniel Burnham Elementary School
5900 West 14th Street, Cicero, IL 60804
K-20.3 mi
J Sterling Morton Freshman Center
1801 South 55th Avenue, Cicero, IL 60804
9-0.7 mi
Unity Jr High School, Cicero, IL
2115 South 54th Avenue, Cicero, IL 60804
7-81 mi
J Sterling Morton East High School
2423 South Austin Boulevard, Cicero, IL 60804
10-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5701 W Roosevelt Rd

Date
Details
Price
Change
Source
12/01/2022
Sold
$1,100,000
-8.33%
MLS
8/16/2022
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 5701 W Roosevelt Rd

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4420 Oak Park Ave, Stickney, IL 60402 - Photo 1 Just Listed
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4420 Oak Park Ave  Stickney, IL 60402

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Price Reduced near 5701 W Roosevelt Rd

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3031 Oak Park Ave, Berwyn, IL 60402 - Photo 1 Price Reduced
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3031 Oak Park Ave  Berwyn, IL 60402

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3925 Euclid Ave, Stickney, IL 60402 - Photo 1 Price Reduced
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6840 29th Pl, Berwyn, IL 60402 - Photo 1 Price Reduced
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6840 29th Pl  Berwyn, IL 60402

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2623 Euclid Ave, Berwyn, IL 60402 - Photo 1 Price Reduced
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2623 Euclid Ave  Berwyn, IL 60402

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Recent Sales near 5701 W Roosevelt Rd

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1321 S Austin Blvd, Cicero, IL 60804 - Photo 1 Sold
$1,000,000

1321 S Austin Blvd  Cicero, IL 60804

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    Sq. Ft.
1156 Wesley Ave, Oak Park, IL 60304 - Photo 1 Sold
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[Address not provided], Oak Park, IL 60304 - Photo 1 Sold
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[Address not provided]  Oak Park, IL 60304

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5701 W Roosevelt Road, Cicero, IL 60804 (MLS# 11605841) is a Commercial property that was sold at $1,100,000 on December 01, 2022. This property was listed by Paul Proano from our McMullen/O'Hare Office.Want to learn more about 5701 W Roosevelt Road? 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.