Turnkey, condo-quality 4-unit investment property! This extensively gut-rehabbed building features high-end finishes throughout and offers an excellent unit mix consisting of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit. All units are currently leased, providing immediate cash flow with a strong cap rate. Each apartment includes in-unit washer and dryer, separate HVAC systems, and individual water heaters, helping reduce owner expenses and simplify maintenance. The property has been renovated with modern kitchens, updated bathrooms, newer mechanicals, and quality finishes throughout. Conveniently located near schools, parks, shopping, dining, public transportation, and major expressways, this property offers strong tenant appeal and excellent accessibility. The desirable location supports stable occupancy and long-term rental demand. A rare opportunity to acquire a fully stabilized, turnkey asset with strong in-place income and minimal capital expenditure needs. Perfect for investors seeking immediate cash flow and long-term appreciation potential.
Listed By
Agency Name: Berkshire Hathaway HomeServices Chicago
Agency Phone: 312-944-8900
Shown By
Agent Name: Dawn Karns
Agent Phone: (815) 494-6507
Agency Title: Gambino Realtors
Estimated Payment
$ 5,699.78 per month $4,310.65 Principal & Interest $1,112.33 Property Tax $276.79 Homeowner's Insurance
5400 W 23rd Street | MLS# 12682695
This multi-family property located at 5400 W 23rd Street, Cicero, IL 60804 is currently listed for sale with an asking price of $949,000. W 23rd Street is located within the District 201 school district. Search Cicero real estate on dkarns.gogambino.com today.