5701 W Roosevelt Road, Cicero, IL 60804

1 of 29

CommercialFor Sale

$2,100,000

5701 W Roosevelt Road

Cicero, IL 60804

Courtesy of Coldwell Banker Commercial NRT

Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID

15,547Sq Ft

Est. Mortgage

$10,940/mo

This 18-unit mixed-use building offers a prime location in a high-demand area, ideal for investors seeking stable cash flow and long-term appreciation. Spanning approximately 15,547 square feet, the three-story masonry-constructed property features two street-facing commercial storefronts and 16 residential units, including six studios, six one-bedroom, and four two-bedroom apartments. With fourteen of the sixteen residential units already remodeled, minimal capital expenditure is required, providing immediate value to the next owner. The property boasts high occupancy rates, long-term retail tenants, and separate utilities for each unit, ensuring operational efficiency. Additionally, the sale includes an adjacent empty lot, offering significant development potential for expansion or new construction. Conveniently located just one mile from I-290, this asset offers excellent accessibility and is surrounded by a vibrant mix of residential, commercial, and industrial developments. Don't miss this opportunity to acquire a well-maintained, income-generating property with additional development upside in a thriving suburban market.

Get in touch

Based on information submitted to the MLS GRID as of 05/03/2025 11:55 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Some IDX listings may have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MTP or MRED, and that the use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Community / School Information