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4919 W Roosevelt Road, Cicero, IL 60804

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For Sale

$490,000

9 beds

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

Newly rehabilitated and fully rented 3 unit building. Extensive work done on all units. A detailed listed of rehab will emailed to the buyer agent. SS Appliances, granite counter tops. Free Washer/Dryer in basement for tenants. AC Wall units provided to tenants but belong to the building. Brick gated back yard with a brick garage. Solar panels on roof with a long term lease to reduce energy inflation on unit 2R and public areas. Unit 3 fully furnished and used as a mid term air bnb 3-6 months stays. It can be used as a long term lease if wanted by the new owner. Long term leases with tenants who pay their own utilities. Rent rolls will be provided. All electronic payment receipts. Just passed Cicero Electrical and Compliance inspections. None will be needed by the new owner for the standard compliance required in Cicero. $5,450 Gross Rent Gross Cap 11% Net Cap 8% not including a current rate of 7% annual appreciation in this part of Cicero.
MLS# 12205953

Courtesy Of Charles Rutenberg Realty

(630) 929-1100

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Radiator

Map and Directions

Directions to 4919 W Roosevelt Road, Cicero, IL 60804

Home seller CENTURY 21 Circle

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CENTURY 21 Circle

(708) 531-0800
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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