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- Description
- Property Details
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Street View
$899,000
Monthly Est:$4,475
8 Beds
5 Baths
--sqft
5400 W 23rd Street, Cicero, IL 60804
$899,000
$4,475/moEst:
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Multi Family
Built in 1913
$-- HOA
3,920.4 sqft lot
--/sqft
Description
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.
- Houzeo last checked: 13 minutes ago
- Listing updated: August 21, 2026 at 5:06 am
- Listing Provided by: Fei Martin (312) 646-9084 | Berkshire Hathaway HomeServices Chicago (312) 944-8900
- Source: MRED MLS-IL as distributed by MLS GRID | MLS#: 12682695
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1913
HOA Fees
-
Finished Area
- sqft
Lot Size
3,920.4 sqft lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12682695
MLS Status
Active
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 5
Interior
Sewer
Public Sewer
Heating
Natural Gas
Construction
Year Built
Year Built: 1913
Home type
Multi Family
Foundation Details
Brick/mortar, Concrete Perimeter
Construction Materials
Brick
Roof
Asphalt
Utilities & Energy
Basement
Unfinished, Partial
Parking Features
Yes, Garage Owned, Detached, Garage
Water Source
Lake Michigan, Public
Other Features
Community Features
Gated, Sidewalks, Street Lights, Street Paved
Lot Features
Corner Lot
Price History
| Date | Event | Price |
|---|---|---|
08/16/2026 Source: | Price Decreased | $899,000 -5.27% $0/sqft |
06/19/2026 Source: | Listed for Sale | $949,000 +221.69% $0/sqft |
06/16/2025 Source: | Sold | $295,000 $0/sqft |
11/05/2024 Source: | Pending | $295,000 -16.90% $0/sqft |
08/19/2024 Source: | Price Increased | $355,000 +31.97% $0/sqft |
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Nov 12, 2026, 02:15PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market. Based on information submitted to the MLS GRID as of Nov 12, 2026, 02:15PM. All data is obtained from various sources and has not been, and will not be, 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS, Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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