INCREDIBLE OPPORTUNITY! This mixed-use property is superbly upgraded and beautifully maintained. Also updated to be fully compliant with current Village Pre-Sale inspection, ready to earn income from day one! 3 gorgeous, fully appointed apartments and a fabulous corner storefront, currently used as a beauty salon, plus 2-car garage. Sale also includes the adjacent lot, which currently is used as wonderful outdoor space for the tenants! Perfect property for an Owner-User. Run your business, live in the deluxe 3br apartment, and collect rent from the other 2 apartments (a 2BR and another 3BR)! Amazing investment with so many options. Call for more details about status of current ownership and occupancy.
Contingent
$750,000
5801 W 16th St, Cicero, IL 60804
8beds
--sqft
Multi Family
Built in 1915
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Fabulous corner storefrontBeautifully maintainedSuperbly upgraded
- --
- 41
- views
- 2
- saves
Zillow last checked:
Listing updated:
Listed by:
Tommy Choi 773-851-5840,
Keller Williams ONEChicago,
Tony Magnone 818-439-6601,
Keller Williams ONEChicago
Source: MRED as distributed by MLS GRID,MLS#: 12736286
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Yes, Detached, Garage
- Garage spaces: 2
Lot
- Size: 7,412 Square Feet
Details
- Additional parcels included: 16204030090000
- Parcel number: 16204030100000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1915
- Major remodel year: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Location
- Region: Cicero
Financial & listing details
- Tax assessed value: $300,000
- Annual tax amount: $14,059
- Date on market: 8/18/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listing removed | $795,000 |
Source:  MRED as distributed by MLS GRID #12720696 Report a problem | ||
| 7/31/2026 | Listed for sale | $795,000 |
Source: MRED as distributed by MLS GRID #12720696 Report a problem | ||
| 7/31/2026 | Listing removed | $795,000 |
Source: MRED as distributed by MLS GRID #12688113 Report a problem | ||
| 7/27/2026 | Contingent | $795,000 |
Source: MRED as distributed by MLS GRID #12688113 Report a problem | ||
| 6/25/2026 | Listed for sale | $795,000 |
Source: MRED as distributed by MLS GRID #12688113 Report a problem | ||
| 5/20/2026 | Listing removed | $795,000 |
Source: MRED as distributed by MLS GRID #12607543 Report a problem | ||
| 5/12/2026 | Contingent | $795,000 |
Source: MRED as distributed by MLS GRID #12607543 Report a problem | ||
| 4/2/2026 | Listed for sale | $795,000 |
Source: MRED as distributed by MLS GRID #12607543 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,353 +3.6% | $30,000 +0% |
| 2023 | $9,027 -24.7% | $29,999 -2.9% |
| 2022 | $11,996 +0.8% | $30,887 |
| 2021 | $11,895 +2% | $30,887 |
| 2020 | $11,661 +7.6% | $30,887 +20.5% |
| 2019 | $10,837 +2.7% | $25,642 |
| 2018 | $10,557 +3.6% | $25,642 |
| 2017 | $10,189 +37.7% | $25,642 +43.1% |
| 2016 | $7,400 +2% | $17,917 |
| 2015 | $7,252 +3.4% | $17,917 |
| 2014 | $7,014 -8.9% | $17,917 -15.7% |
| 2013 | $7,697 +4.2% | $21,256 |
| 2012 | $7,389 -1.1% | $21,256 |
| 2011 | $7,474 -28.8% | $21,256 -38.1% |
| 2010 | $10,498 -1% | $34,331 |
| 2009 | $10,600 -2% | $34,331 -15% |
| 2008 | $10,819 -12% | $40,390 -7.9% |
| 2007 | $12,299 +4.9% | $43,869 |
| 2006 | $11,727 -0.2% | $43,869 |
| 2005 | $11,749 -16.9% | $43,869 -6.3% |
| 2004 | $14,136 +4.8% | $46,815 |
| 2003 | $13,492 | $46,815 |
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.Climate risks
Neighborhood: 60804
Nearby schools
Schools provided by the listing agent
- District: 299
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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