$450,000

5101 W 31st Place, Cicero, IL 60804

  • 6 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1909
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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

Listing Status:
Active
Data Last Updated:
April 13, 2026 at 7:19PM
Listing Office:
Realty of America, LLC : 708-477-5719
Listing Agent:
George Villegas : 708-477-5719
MLS ID:
12614708
  • Basement: Crawl SpacePartial
  • Heating: Radiator(s)
  • Parking: DrivewayYesOwnedParking spaces: 2
  • Originating MLS: mred
  • School District: 99
  • County: Cook
  • Zoning: 16332040120000
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of George Villegas , Realty of America, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cicero East Elementary School

3003 S 50th Ct, Cicero, IL, 60804

Grades 4-6

0.22 miles away

U

Unity Junior High School

2115 S 54th Ave, Cicero, IL, 60804

Grades 7-8

1.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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