5101 W 31st Place, Cicero, IL

$450,000

Overview

  • 160355
  • Property ID
  • Updated On:
  • April 11, 2026
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • 0 ft2
  • Property Lot Size

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

Bathrooms
3+
Bedrooms
5+
Climate Control
Heating
Garden
Yes
Other Features
Brick
Driveway
Lake Michigan
Owned
Public Sewer
Radiator(s)

yelp logo

$2,307.24
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,744.74

Similar Listings

For Sale

5429 N Campbell Avenue, Chicago, IL

$999,900
Beds:
11
Baths:
4
Incredible opportunity to own a one-of-a-kind multi-unit property on a 30' lot in Budlong ...
For Sale

318 W 24th Place, Chicago, IL

$648,800
Beds:
5
Baths:
2
Seize this rare opportunity to own a multi-unit property in the thriving heart of Chinatow ...
Information for the property at 5101 W 31st Place, Cicero, IL, 60804 (Property ID: 160355) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

Compare Listings

Sunita Kakarlapudi