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$795,000

  • For Sale
  • Active
  • Commercial
  • 5,894 Sq. Ft.
See This Home
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See This Home
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INCREDIBLE OPPORTUNITY! This mixed-use property is superbly upgraded and beautifully maintained. 3 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 2 apartments (a 2BR and another 3BR)! Amazing investment with so many options. Call for more details about status of current ownership and occupancy.

Full Property Details for 5801 W 16th St

General

  • Price: $795,000
  • Taxes: $11,706 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12688102

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: 4
  • Units w/Refrigerators: 3
  • Units w/Range/Oven: 3
  • # 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: $11,706.18
  • Tax Year: 2024
  • Pays Electric: 1320
  • Pays Trash: 2800

Disclosures and Reports

  • Property ID: 16204030100000

Listed by Keller Williams ONEChicago

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Listing agents

— 5801 W 16th St —

  • Keller Williams ONEChicago

  • Keller Williams ONEChicago

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5801 W 16th St

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
Warren Park School
1225 South 60th Court, Cicero, IL 60804
3-60.5 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
7-80.7 mi
J Sterling Morton East High School
2423 South Austin Boulevard, Cicero, IL 60804
10-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 5801 W 16th St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,027
—
$30,000
—
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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Keller Williams ONEChicago

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5801 W 16th Street, Cicero, IL 60804 (MLS# 12688102) is a Commercial property. 5801 W 16th Street is currently listed for $795,000 and was received on June 25, 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.

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