Description
Welcome to the ever-expanding township of Cicero, IL. Discover a lucrative mixed-use investment opportunity featuring (3)Residential Units and one Commercial store space. This property is fully rented month to month, all while boasting a generous sized 4-car garage. Currently generating an impressive 8% CAP rate, this building offers an excellent return on investment. Commercial space measures approximately 1,100 square feet in size, while the (2) one-bedroom/one bath units, and the 2Bed/1bath unit provides comfortable living space for tenants. Cicero is also set to benefit from Bridge Development Partners' $20 million investment, which is expected to create both temporary & permanent job opportunities with its 320,000 square-foot industrial facility. Located less than 1-mile from I-290, this cash generating beauty speaks volumes. 48-HOUR NOTICE IS REQUIRED AS ALL UNITS ARE OCCUPIED. Don't miss out on this fantastic investment opportunity- schedule your showing today!
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Welcome to the ever-expanding township of Cicero, IL. Discover a lucrative mixed-use investment opportunity featuring (3)Residential Units and one Commercial store space. This property is fully rented month to month, all while boasting a generous sized 4-car garage. Currently generating an impressive 8% CAP rate, this building offers an excellent return on investment. Commercial space measures approximately 1,100 square feet in size, while the (2) one-bedroom/one bath units, and the 2Bed/1bath unit provides comfortable living space for tenants. Cicero is also set to benefit from Bridge Development Partners' $20 million investment, which is expected to create both temporary & permanent job opportunities with its 320,000 square-foot industrial facility. Located less than 1-mile from I-290, this cash generating beauty speaks volumes. 48-HOUR NOTICE IS REQUIRED AS ALL UNITS ARE OCCUPIED. Don't miss out on this fantastic investment opportunity- schedule your showing today!
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Based on information submitted to the MRED as of 2023-05-30T22:58:41.513 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
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