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5400 W 23rd Street, Cicero, IL 60804

$949,000
  • 5400 W 23rd Street, Cicero, IL 60804 Main Photo

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New to the Market New
BEDS8 BATHS5 full MLS#12682695
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 201

Property 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.

5400 W 23rd Street | MLS# 12682695

This multi-family property located at 5400 W 23rd Street, Cicero, IL 60804 is currently listed for sale with an asking price of $949,000. W 23rd Street is located within the District 201 school district. Search Cicero real estate on cdawson.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Partial
Garage: 2
Heating: Natural Gas
Lot Size: 0.09 Acres
Roof Type: Asphalt
Taxes: $13,348
Year Built: 1913

Feature Descriptions

Additional Structures: Garage(s)
Exterior: Brick
Lot: Corner Lot
Lot Dimensions: 30X135
Other Equipment: Multiple Water Heaters
Parcel#: 16281050400000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 12
Township: Cicero
Water: Lake Michigan, Public

Local Schools

School District: District 201

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Chicago
Agency Phone: 312-944-8900

Shown By

Agent Name: Chrissy Dawson
Agent Phone: Cell: (815) 985-5649
Agency Title: Gambino Realtors

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Estimated Payment

$ 5,699.78 per month $4,310.65 Principal & Interest $1,112.33 Property Tax $276.79 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/19/2026. The listing information on this page last changed on 06/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/19/2026 12:27:16 AM EST) or MRED MLS (last updated Fri 06/19/2026 12:19:14 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 06/18/2026 10:15:13 PM EST) or Northern Illinois Commercial Association Realtors (last updated Thu 06/18/2026 2:10:16 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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