$150,000
$142,900
5.0%For more information regarding the value of a property, please contact us for a free consultation.
5760 W Park AVE Cicero, IL 60804
6 Beds
5 Baths
Key Details
Sold Price $150,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11002284
Bedrooms 6
Full Baths 5
Year Built 1969
Annual Tax Amount $9,794
Tax Year 2019
Property Sub-Type Two to Four Units
Property Description
Never before on the market, this unique, jumbo multi unit building is the ideal project for a buyer with vision and an understanding of the Town of Cicero. The building currently offers 4 units above grade with a 5th unit in the basement, the village is requiring buyer to convert the building to a three unit. This building can not be kept in the current usage. Each unit offers 1 bedroom, 1 bath, there are currently two units per floor and will have to be deconverted! The building offers solid brick bones, a high ceiling basement, 2 car garage with side drive and is steps from Manor Park! This is a great project with tons of long term equity potential, de convert, update, live in one unit while renting the other two out or rent all three units out, this is a win win situation either way you put it! This is an as-is sale, buyer is responsible for Town of Cicero repairs, limited to cash offers ONLY - NO FINANCING OFFERS! Look past the current condition, appreciate the potential which awaits and make this your summer project, it will not last for long!
Location
State IL
County Cook
Area Cicero
Interior
Heating Natural Gas
Exterior
Parking Features Detached
Garage Spaces 2.0
Building
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 99 , 99, 201
Others
Special Listing Condition REO/Lender Owned
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Bought with Michael Havey • Re/Max Properties