5101 W 31st Place
Cicero, IL 60804
6
Bed
4
Bath
0.12Acre(Lot)
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 var
Property Details
Map
Map
Features
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Bedroom Information
Total Bedroom: 6Bathroom Information
Total Baths: 4Room Information
Rooms Total: 12 -
Flooring Information
Construction Materials: Brick -
Heating & Cooling
Heating: Radiator(s) WaterSource: Lake Michigan
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Building Information
Year Built: 1909
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Lot Information
Lot Dimensions: 125x45 Lot Acres: 0.12 Lot Size: Less Than .25 AcreProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$450000
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Tax Information
Annual Tax: $10053.83 Tax Year: 2024 Parcel Number: 16332040120000 Tax Exemption: Homeowner
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Parking Information
Total Parking: 2 Driveway, Yes, Owned
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Utility Information
Sewer: Public Sewer Water Source: Lake Michigan -
Location Information
City: Cicero Direction: SE SEC 28 & NH NE SEC
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5329 W 30th Place, Cicero, IL, 60804 | $549,900 | 8 | 3 | -- | |
| 1509 S 59th Court, Cicero, IL, 60804 | $309,900 | 3 | 2 | 1,737 | 1,737 SqFt |
| 3312 S 58th Court, Cicero, IL, 60804 | $179,900 | 3 | 2 | 1,176 | 1,176 SqFt |
| 3717 S 58th Court, Cicero, IL, 60804 | $229,000 | 2 | 1 | 946 | 946 SqFt |
| 1616 S 58th Court, Cicero, IL, 60804 | $301,000 | 3 | 2 | 1,292 | 1,292 SqFt |
| 2513 S 61st Court, Cicero, IL, 60804 | $249,900 | 2 | 1 | 1,569 | 1,569 SqFt |
| 4916 W 29th Street, Cicero, IL, 60804 | $330,000 | 5 | 2 | -- | |
| 1615 S Central Avenue, Cicero, IL, 60804 | $359,000 | 5 | 2 | -- | |
| 1605 S 51st Court, Cicero, IL, 60804 | $389,000 | 3 | 2 | 2,200 | 2,200 SqFt |
| 1625 S 47th Court, Cicero, IL, 60804 | $375,000 | 4 | 2 | -- |
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ByOwner last updated this listing 06/22/2026 @ 18:20
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