5101 W 31st Place, Cicero, IL 60804
Cook County
Key Facts
Description
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 variety of business uses, benefiting from steady foot traffic and strong community presence. Whether you envision retail, office, or service-oriented use, the possibilities are wide open. Bring your ideas and transform this unique building into a standout investment tailored to your vision. Opportunities like this don't come around often-schedule your showing and explore the full potential today! SOLD AS IS
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1909
Lot Size
0.12 acres
Lot Dimensions
125x45
Parking Spaces
2
Ownership
Fee Simple
Days on Market
34
MLS® Listing#
12614708
Property Features
Heating
Basement
Parking
Construction
Sewer
Financial Details
Annual Taxes
$10,054
Tax year 2024
Parcel Number
16332040120000
Directions
SE SEC 28 & NH NE SEC
Affordability Calculator
$90,000
Estimated monthly payment
$2,395/mo
Principal $360,000 · Est. interest $502,232 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cicero, IL
- $377,778
- Median Listing Price
- 29
- Median Days on Market
- 1,280
- Median Sq Ft
- $247
- Median Price / Sq Ft
- 61
- Active Listings
- This home’s price is 19% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cicero, IL.
Location
- 5101 W 31st Place, Cicero, IL 60804
Points of Interest in Cicero, IL
Showing the Cicero area map.
Nearby Schools
J Sterling Morton East High School
Secondary · 0.1 mi away
Woodbine Elementary School
Elementary · 0.2 mi away
Columbus East Elementary School
Secondary · 0.3 mi away
Cicero Early Childhood Center
School · 0.4 mi away
Columbus West Elementary School
Elementary · 0.4 mi away
The Children's Center of Cicero-Berwyn
School · 0.5 mi away
Cicero District 99 Early Childhood
School · 0.5 mi away
Drexel Elementary School
Elementary · 0.7 mi away
Mary Queen of Heaven
School · 0.8 mi away
Cicero School District 99
School · 0.9 mi away
Infinity High School
Secondary · 0.9 mi away
Multicultural Arts School
Secondary · 0.9 mi away
Social Justice High School
Secondary · 0.9 mi away
Little Village Lawndale High School
Secondary · 0.9 mi away
Cicero East Elementary School
Elementary · 1.0 mi away
Cicero West Elementary School
Elementary · 1.0 mi away
Emiliano Zapata Elementary Academy
Elementary · 1.0 mi away
Our Lady of Charity School
School · 1.0 mi away
Sherlock Elementary School
Elementary · 1.0 mi away
All Kids Lingo Academy
School · 1.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4926 W 30th Place, Cicero, IL | $324,900 | 5 | 3 | — |
| 1512 S 50th Court, Cicero, IL | $365,000 | 6 | 2 | — |
| 1324 S 48th Court, Cicero, IL | $379,900 | 6 | 2 | — |
| 5045 W 30th Place, Cicero, IL | $385,000 | 5 | 3 | — |
| 4815 W 24th Place, Cicero, IL | $388,000 | 6 | 3 | 2 |
| 1406 S 51st Court, Cicero, IL | $397,000 | 6 | 4 | — |
Moving Cost Estimate
EXIT Agents in Cicero
Listing Courtesy: Realty of America, LLC - 7087881900
Last Updated: 2026-04-09