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Two to Four Units · Cicero, IL
$450,000
6 beds · 4 baths
5101 W 31st Place, Cicero, IL, 60804
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Exceptional investment opportunity in the heart of Cicero! This massive 6,150 sq ft mixed-use building is hitting the market for the very first time, offering endless potential for investors, developers, or owner-occupants looking to create value. The property features three spacious residential units along with a commercial storefront and an additional hall space, making it an ideal income-producing asset with multiple revenue streams. The hall offers added versatility-perfect for events, gatherings, storage, or potential conversion to suit your needs. Each residential unit offers generous layouts, providing the perfect canvas for modernization or customization to meet today's market demands. Situated in a prime, high-visibility location, the commercial space is well-positioned for a variety of business uses, benefiting from steady foot traffic and strong community presence. Whether you envision retail, office, or service-oriented use, the possibilities are wide open. Bring your ideas and transform this unique building into a standout investment tailored to your vision. Opportunities like this don't come around often-schedule your showing and explore the full potential today! SOLD AS IS
— the listing agent’s description

The home

6 beds
4 baths
Built in 1909
0.12-acre lot
Two to Four Units

What it’ll cost

$10,054 taxes / yr
No HOA
34 days on dwello

Estimated monthly payment

$3,362/mo
Principal & interest$2,393
Property taxes$838
Homeowners insurance$131
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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34 days on dwello
Price history
Listed for sale
Apr 9, 2026
$450,000
Property taxes
2025
Annual tax bill (MLS)
$10,054/yr
Assessed value
2025
County assessor
$32,000~$320,000 mkt
2024
$32,000~$320,000 mkt
2023
$32,000~$320,000 mkt
2022
$32,339~$323,390 mkt
2021
$32,339~$323,390 mkt
2020
$32,338~$323,380 mkt
2019
$26,469~$264,690 mkt
2018
$26,469~$264,690 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Radiator(s)BrickPublic SewerDrivewayYes
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by George Villegas · Realty of America, LLC
Listing last updated May 12, 2026 · data refreshed from the MLS Jun 17, 2026, 6:17 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:17 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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