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.
— the listing agent’s description
The home
Built in 1919
What it’ll cost
$11,347 taxes / yr
No HOA
3 days on dwello
Estimated monthly payment
$5,427/mo
Principal & interest$4,248
Property taxes$946
Homeowners insurance$233
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Features
Central Air
Schools nearby
Woodrow Wilson Elementary School · 0.2 mi
Morton East High School · 0.4 mi
Daniel Burnham Elementary School · 0.5 mi
Sherlock Elementary School · 0.5 mi
Morton Freshman Center · 0.5 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.