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Property Description
INCREDIBLE OPPORTUNITY! This mixed-use property is superbly upgraded and beautifully maintained. 4 gorgeous, fully appointed apartments and a fabulous corner storefront, currently used as a beauty salon, plus 2-car garage. Sale also includes the adjacent lot, which currently is used as wonderful outdoor space for the tenants! Perfect property for an Owner-User. Run your business, live in the deluxe 3br apartment, and collect rent from the other 3 apartments (2x-2BR, 1BR studio)! Amazing investment with so many options. Call for more details about status of current ownership and occupancy.
Full Property Details
Full Property Details for 5801 W 16th St
General
- Price: $795,000
- Taxes: $10,529 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12606048
- Updated: Today (4/2/2026)
- Added to Site: Today
Additional Information
- Security/Safety: Other
Location
- Area: Cicero
- County: Cook
- Township: Cicero
- Driving Directions: 290 off at Central, south to 16th, west to property.
- Location Details: Chicago Southwest
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Forced Air
Utilities
- Trash: 2800
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 5,894
- # of Stores: 1
- Year Built: 1915
- Built Before 1978: Yes
Unit Information
- # Tenants: 5
- Units w/Refrigerators: 4
- Units w/Range/Oven: 4
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 7,412
- Lot Dimensions: 7412
- Frontage: City Street
- Zoning: OTHER
Financial Considerations
- Insurance Fee: $4,700
- Operating Expenses: $24,510
- Security Deposit: Other
- Assessment Year: 1915
- Tax Amount: $10,529.74
- Tax Year: 2024
- Pays Electric: 1320
- Pays Trash: 2800
Disclosures and Reports
- Property ID: 16204030100000
Listed by Keller Williams ONEChicago
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Schools
Schools serving 5801 W 16th St
School Districts:Cicero School District 99, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Daniel Burnham Elementary School 5900 West 14th Street, Cicero, IL 60804 | K-2 | 0.3 mi |
Warren Park School 1225 South 60th Court, Cicero, IL 60804 | 3-6 | 0.5 mi |
J Sterling Morton Freshman Center 1801 South 55th Avenue, Cicero, IL 60804 | 9- | 0.5 mi |
Unity Jr High School, Cicero, IL 2115 South 54th Avenue, Cicero, IL 60804 | 7-8 | 0.7 mi |
J Sterling Morton East High School 2423 South Austin Boulevard, Cicero, IL 60804 | 10-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5801 W 16th St
Date
Details
Price
Change
Source
4/02/2026
Listed
$795,000
657.14%
MLS
11/30/2000
Sold
$105,000
—
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 5801 W 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,027
-25%
$29,999
-3%
2022
$11,996
1%
$30,887
—
2021
$11,895
2%
$30,887
—
2020
$11,661
8%
$30,887
20%
2019
$10,837
3%
$25,642
—
2018
$10,557
4%
$25,642
—
2017
$10,189
38%
$25,642
43%
2016
$7,400
2%
$17,917
—
2015
$7,252
3%
$17,917
—
2014
$7,014
-9%
$17,917
-16%
2013
$7,697
4%
$21,256
—
2012
$7,389
—
$21,256
—
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 5801 W 16th St
5801 W 16th Street, Cicero, IL 60804 (MLS# 12606048) is a Commercial property. 5801 W 16th Street is currently listed for $795,000 and was received on April 02, 2026. Want to learn more about 5801 W 16th 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.

