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$399,900 Just Listed
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Property Description
EXCELLENT Investment opportunity in Cicero IL, Don't miss this great opportunity to own a versatile mixed-use property featuring two residential apartments, each with 2 bedrooms, plus a commercial storefront on the first floor (used to be a pizza place) but it could be any type of restaurant, coffee shop, etc.) subject to local zoning regulations. This property offers the potential to generate income from both residential and commercial spaces. The 2 residential units are currently rented. Whether you're an experienced investor or looking to start building your real-estate portfolio, this property is worth a closer look! Schedule your showing today and explore the possibilities this property has to offer!! All restaurant equipment will be included in the sale. AS-IS condition.
Full Property Details
Full Property Details for 5938 W 16 Th St
General
- Price: $399,900
- Taxes: $16,912 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12785562
- Updated: 10/15/2026
- Added to Site: 2 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Cicero
- County: Cook
- Driving Directions: Austin Ave south or north to 16th St and turn left or right to the building. Almost corner of Austin and 16th St.
- Location Details: South Suburban
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Gas
Utilities
- Trash: 209
Structural Information
- Stories/Levels: 2
- Square Feet: 3,500
- # of Stores: 1
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Sq. Ft.): 3,500
- Lot Dimensions: 29 x 100
- Zoning: MULTI
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $250
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1926
- Tax Amount: $16,912
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Pays Electric: 210
- Pays Trash: 209
Disclosures and Reports
- Property ID: 16202240290000
Listed by Smart Home Realty
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Schools
Schools serving 5938 W 16 Th St
School Districts:Cicero School District 99, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Warren Park School 1225 South 60th Court, Cicero, IL 60804 | 3-6 | 0.4 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 | 7-8 | 0.9 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 5938 W 16 Th St
Date
Details
Price
Change
Source
10/14/2026
Listed
$399,900
—
MLS
Disclaimer: Historical sales 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 5938 W 16 Th St
5938 W 16 Th Street, Cicero, IL 60804 (MLS# 12785562) is a Commercial property. 5938 W 16 Th Street is currently listed for $399,900 and was received on October 14, 2026. Want to learn more about 5938 W 16 Th 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.

