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5101 W 31st Place, Cicero, IL 60804

$450,000
  • 5101 W 31st Place, Cicero, IL 60804 Main Photo

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New to the Market New
BEDS6 BATHS4 full MLS#12614708
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 201

Property 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

5101 W 31st Place | MLS# 12614708

This multi-family property located at 5101 W 31st Place, Cicero, IL 60804 is currently listed for sale with an asking price of $450,000. W 31st Place is located within the District 201 school district. Search Cicero real estate on mkoch.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Crawl Space, Partial
Heating: Radiator(s)
Lot Size: 0.12 Acres
Taxes: $10,053
Year Built: 1909

Feature Descriptions

Exterior: Brick
Lot Dimensions: 125x45
Parcel#: 16332040120000
Parking: Driveway, Yes, Owned
Sewer: Public Sewer
Total Rooms: 12
Township: Cicero
Water: Lake Michigan

Local Schools

School District: District 201

Listed By / Shown By

Listed By

Agency Name: Realty of America, LLC
Agency Phone: 708-788-1900

Shown By

Agent Name: Matt Koch
Agent Phone: Cell: (815) 543-7945
Agency Title: Gambino Realtors

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Estimated Payment

$ 3,013.04 per month $2,044.04 Principal & Interest $837.75 Property Tax $131.25 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 04/14/2026. The listing information on this page last changed on 04/14/2026. 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 Tue 04/14/2026 2:39:26 AM EST) or MRED MLS (last updated Tue 04/14/2026 2:04:25 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 04/13/2026 10:15:23 PM EST) or Northern Illinois Commercial Association Realtors (last updated Mon 04/13/2026 2:10:06 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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