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Active
    • $430,000

    5101 W 31st Pl, Cicero, IL 60804

    6beds
    --sqft
    : 
    $3,321/mo
    Get pre-qualified
    Multi Family
    Built in 1909
    -- sqft lot
    $424,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime high-visibility location
    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 4 spacious residential units & 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
    21 days
    512
    40

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    George Villegas 708-477-5719,

    Realty of America, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12735439MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Radiator(s)
      Features
      • Basement: Crawl Space,Partial

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Yes, Owned
      • Has uncovered spaces: Yes
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 125x45
      Details
      • Parcel number: 16332040120000
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1909

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      Location
      • Region: Cicero

      Financial & listing details

      • Tax assessed value: $320,000
      • Annual tax amount: $10,053
      • Date on market: 8/17/2026
      • Ownership: Fee Simple

        Estimated market value

        $424,300

        $403,000 - $446,000

        Not available

        Price history

        DateEventPrice
        8/17/2026Listed for sale$430,000-4.4%
        Source: MRED as distributed by MLS GRID #12735439 Report a problem
        7/18/2026Listing removed$450,000
        Source: MRED as distributed by MLS GRID #12614708 Report a problem
        4/9/2026Listed for sale$450,000+291.3%
        Source: MRED as distributed by MLS GRID #12614708 Report a problem
        9/25/1997Sold$115,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,054 +3.6%$32,000 +0%
        2023$9,704 -23.2%$31,999 -1%
        2022$12,630 +0.9%$32,338
        2021$12,522 +2.1%$32,338
        2020$12,270 +7.5%$32,338 +22.2%
        2019$11,409 +2.7%$26,469
        2018$11,105 +3.5%$26,469
        2017$10,732 +42.1%$26,469 +46.9%
        2016$7,551 +2%$18,017
        2015$7,401 +3.5%$18,017
        2014$7,150 +5.5%$18,017 -4.4%
        2013$6,776 +3.2%$18,839
        2012$6,566 -0.7%$18,839
        2011$6,611 -15%$18,839 -26.4%
        2010$7,782 +6.7%$25,604
        2009$7,292 +9.5%$25,604 -15%
        2008$6,659 -2.3%$30,123
        2007$6,818 +6.3%$30,123
        2006$6,413 -1.1%$30,123
        2005$6,483 +10.1%$30,123 +33.8%
        2004$5,889 -1.6%$22,513
        2003$5,986 -7.8%$22,513
        2002$6,491 +29.4%$22,513 +20.2%
        2001$5,017 +10%$18,735
        2000$4,561 -12.3%$18,735
        1999$5,199 $18,735
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 60804

        Getting around

        74 / 100
        Very Walkable
        50 / 100
        Good Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 99

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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