Ryan Simpson
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Exceptional mixed-use investment opportunity ideally situated on a high-visibility corner along the Cermak commercial corridor in Cicero. This well-maintained four-unit building offers immediate income potential through a balanced mix of commercial and residential uses. The ground-floor commercial storefront provides excellent street exposure and is suitable for a variety of retail or office configurations. The upper level houses three spacious residential apartments, each featuring three bedrooms and one full bathroom. Units have been rehabbed, showcasing hardwood floors, updated kitchens, and modern finishes throughout. Conveniently located within walking distance of the 54th/Cermak CTA Pink Line station, with easy access to public transit, local schools, retail, and major expressways, including I-290 and I-55. This property presents a strong value-add opportunity for the discerning investor seeking stable, diversified cash flow in a densely populated and transit-accessible market.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1919
General Information
County: Cook
Listed By:
Kawash Group
630-337-9126
MRED MLS
MLS ID: 12622783
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5720 W Cermak Road , Cicero, IL 60804.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $799,000 | $799,000 | $799,000 |
| Down Payment | $159,800 | $27,965 | $199,750 |
| Monthly Mortgage Amount | $3,730 | $4,704 | $4,857 |
| Taxes | $1112 | $1112 | $1112 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $351 | $0 |
| Monthly Estimated Total | $5,075 | $6,400 | $6,202 |
Ryan Simpson
REALTOR®
Cell: (563) 639-4426
Licensed in IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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