1904 S Cicero Ave, Cicero, IL 60804

Tremendous Cash Flow opportunity. Rent out the Residence for 1800/mo and Commercial Storefront for $5,500 - $6,000/mo with parking lot! Over $7,300 a month income potential!   DOUBLE DIGIT CASH ON CASH RETURN!

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Price: $509,999

PROPERTY DETAILS

✨ Commercial Storefront Downstairs with Residence Upstairs

✨ Total SQFT = 2,874 total building sqft 

✨ 3 bed 1 bath on top unit w/ Kitchen (Rented M2M for $1,800)

✨ Commercial on bottom doing Auto Sales but will be vacated (Eviction in process - was rented M2M for $5,500)

✨ 3,075 sqft Lot / 1922 Build

✨ APN: 16-21-423-023-0000; Cook County

✨ Monthly rents can be $7,500 - $8,000

Check out this Double Digit Cap Rate and Cash on Cash Return:

 Potential Rent:  $7800/mo x 12 = $93,600

Less Property Taxes (2023)                7,660   

Less Insurance (est.)                              2,000

Less Water (189/mo per owner)     2,268

Less Repairs & Maint. (est.)               3,600

       Net Operating Income              $78,072

 $78,072 / $575,000 = 15.3% Cash on Cash Return!

(Disclaimer: some amounts are estimated, but the analysis illustrates that there is strong potential value in this investment.

Please do your Due Diligence

ACCESS: Call/text/email for access

Iram Saenz

(623)-242-4953

Iram@usahomehelp.com

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