3101 S 49th Avenue
Property Description
Explore this mixed-use investment opportunity in Cicero, offering multiple sources of rental income in one property. The building includes four apartments, an operating first-floor cafe, and a three-car garage, all currently rented. The residential portion features a mix of one-bedroom, one-bedroom-plus-flex, and two-bedroom apartments. That variety gives the property appeal to tenants with different space needs, while the first-floor cafe adds a commercial component to the income mix. The rented three-car garage provides an additional source of revenue beyond the residential and cafe leases. Situated near Cicero Avenue, the property offers access to I-55 and Midway International Airport, connecting tenants and customers to the surrounding area and the broader Chicago market. For an investor looking to acquire a property with an existing tenant base and several income sources, this Cicero building is an opportunity to take a closer look.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $797,000 |
| Year Built: | 1908 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 5 |
ID: 3yd-MREDIL-12768562
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