LKV Realty
Logo
$899,000
$4,400Reward *
5400 W 23rd Street, Cicero, IL 60804Listing ID 12682695

5400 W 23rd Street, Cicero, IL 60804

Active
Cicero
Last updated: 4 hours ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
5
Acres
Acres
0.09
Heating
Heating
Natural Gas
Year Built
Year Built
1913
Garages
Garages
2
Parking
Parking
Yes, Garage Owned, Detached, 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.

Property Information

Property Details

Location

Address
5400 W 23rd Street
County
Cook
City
Cicero
Zip Code
60804
Subdivision
Cicero
School District
201
MLS Area
Cicero

Interior Features

Beds and Baths

Bedrooms
8

Building

Building Information

Year Built
1913
Construction
Brick
Foundation
Brick/Mortar, Concrete Perimeter
Roof
Asphalt

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$13,348
Tax Year
2024
Berkshire Hathaway HomeServices Chicago, (312) 944-8900

Market Report for 60804

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 08:07 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD870684