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Price cut: $50,000
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Two to Four Units · Cicero, IL
$899,000$949,000
8 beds · 5 baths
5400 W 23rd Street, Cicero, IL, 60804
A brick-and-mortar place to make your own — room to make it home.
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What’s special

2-car garage
Turnkey, condo-quality 4-unit investment property! This extensively gut-rehabbed building features high-end finishes throughout and offers an excellent unit mix consisting of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit. All units are currently leased, providing immediate cash flow with a strong cap rate. Each apartment includes in-unit washer and dryer, separate HVAC systems, and individual water heaters, helping reduce owner expenses and simplify maintenance. The property has been renovated with modern kitchens, updated bathrooms, newer mechanicals, and quality finishes throughout. Conveniently located near schools, parks, shopping, dining, public transportation, and major expressways, this property offers strong tenant appeal and excellent accessibility. The desirable location supports stable occupancy and long-term rental demand. A rare opportunity to acquire a fully stabilized, turnkey asset with strong in-place income and minimal capital expenditure needs. Perfect for investors seeking immediate cash flow and long-term appreciation potential.
— the listing agent’s description

The home

8 beds
5 baths
Built in 1913
0.09-acre lot
2-car garage
Two to Four Units

What it’ll cost

$13,348 taxes / yr
No HOA
Listed $949,000
Now $899,000
59 days on dwello

Estimated monthly payment

$6,154/mo
Principal & interest$4,780
Property taxes$1,112
Homeowners insurance$262
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Jun 3
THU
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FRI
Jun 5
SAT
Jun 6
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59 days on dwello
Price history
Price reduced
Aug 16, 2026
↓ $50,000$899,000
Listed for sale
Jun 19, 2026
$949,000
Earlier records
Sold
Jun 16, 2025
$295,000
Now $50,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$13,348/yr
Assessed value
2025
County assessor
$29,815~$298,150 mkt
2024
$34,647~$346,470 mkt
2023
$34,647~$346,470 mkt
2022
$30,532~$305,320 mkt
2021
$30,532~$305,320 mkt
2020
$30,531~$305,310 mkt
2019
$25,204~$252,040 mkt
2018
$25,204~$252,040 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasBrickPublic SewerYesGarage Owned
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Fei Martin · Berkshire Hathaway HomeServices Chicago
Listing last updated Aug 16, 2026 · data refreshed from the MLS Aug 16, 2026, 3:51 AM CT
Based on information submitted to the MLS GRID as of Aug 16, 2026, 3:51 AM 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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