$725,000
SOLD JAN 15, 2025

5344 W 26th St Cicero, IL 60804

-- Bed
-- Bath
-- Sq Ft
1967 Built

Recently Sold

9% Below List Price

16 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 5-minute walk to West Morton Park

About This Home

As of January 2025

10 unit California style apartment building contains 4 - 2 bedroom apts and 6 - 1 bedroom units. Full unfinished basement. Most tenants are long term. 5 parking spaces in rear and 10 diagonal street parking spaces in front of units. Building shows well but building is sold as is. Seller to do no repairs required by Cicero or lender if any.

Last Agent to Sell the Property

Barbara Novak

First Rate Properties License #471004146 Listed on: 07/16/2024

Last Buyer's Agent

Barbara Novak

First Rate Properties License #471004146 Listed on: 07/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,493

Year Built

  • Built in 1967

Lot Details

  • Property fronts an alley
  • Corner Lot

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

Overview

  • 10 Units

Building Details

  • Electric Expense $1,500
  • Insurance Expense $800
  • Maintenance Expense $2,000
  • Trash Expense $2,400
  • Water Sewer Expense $1,500
  • Operating Expense $12,000
  • Gross Income $7,458
  • Net Operating Income $69,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,493

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1967
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Condominium
  • Basement Description: Unfinished
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 10
  • Ranges: 10
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street, Alley Access
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Hip
  • Misc Outside: Balcony/ies

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Wall Sleeve, Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Gas,Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 2400
  • Water Sewer Expenses: 1500
  • Operating Expense Includes: Fuel,Insurance,Maintenance,Supplies,Trash,Utilities,Water/Sewer,Electricity,Hot Water

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 6577 SQ FT
  • Zoning: MULTI
  • Alternate Phone Number: (708) 822-5106

Rental Info

  • Tenant Pays: None
  • Board Number: 8
  • Tenancy Type: Leases,Month To Month,No Lease,Subsidized Rents,1 or More Vacant

Building Info

  • Building Unit Info: No Units Furnished,Smoke/Alarm Detector

Multi Family

  • Net Operating Income: 69500
  • Insurance Expense: 800
  • ElectricExpense: 1500
  • GrossIncome: 7458
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 10
  • OperatingExpense: 12000
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 18493
  • Tax Year: 2022

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2025 01/15/25 Sold $725,000 -9.4% --
08/03/2024 08/03/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $799,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12113090

Midwest Real Estate Data (MRED)