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.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1915
General Information
County: Cook
Listed By:
Keller Williams ONEChicago
312-216-2422
MRED MLS
MLS ID: 12606048
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5801 W 16th Street, Cicero, IL 60804.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $795,000 | $795,000 | $795,000 |
| Down Payment | $159,000 | $27,825 | $198,750 |
| Monthly Mortgage Amount | $3,762 | $4,680 | $4,872 |
| Taxes | $1106 | $1106 | $1106 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $350 | $0 |
| Monthly Estimated Total | $5,100 | $6,368 | $6,210 |