5701 W Roosevelt Rd

$1,850,000
Price
50
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The Proano Commercial Group is pleased to present a compelling investment opportunity at 5701 W. Roosevelt Road in Cicero, Illinois. This turnkey 18-unit mixed-use property features two commercial storefronts and sixteen residential apartments, including a mix of studios, one-bedroom, and two-bedroom units. The building for the most part renovated, enjoys high occupancy, and is efficiently operated with separate utilities and individual furnaces. Situated just one mile from I-290 and approximately...The Proano Commercial Group is pleased to present a compelling investment opportunity at 5701 W. Roosevelt Road in Cicero, Illinois. This turnkey 18-unit mixed-use property features two commercial storefronts and sixteen residential apartments, including a mix of studios, one-bedroom, and two-bedroom units. The building for the most part renovated, enjoys high occupancy, and is efficiently operated with separate utilities and individual furnaces. Situated just one mile from I-290 and approximately nine miles from downtown Chicago, the asset sits on a prime corner lot and includes an adjacent vacant parcel, offering a unique opportunity for future development or additional income streams.
  1. Listed by Paul Proano • Coldwell Banker Commercial NRT
    P: (312)-860-4043 C: (312)-860-4043 paul@paulproanoproperties.com;paul@paulproanoproperties.com

Property Details for 5701 West Roosevelt Road

Area
Cicero
Township
Cicero
Air Conditioning Type
Window Unit(s)
Zoning
MULTI
LISTING UPDATED: 11/03/2025 12:07 AM

Property Details for 5701 West Roosevelt Road

StatusActive
MLS #12319200
Days on Market326
Taxes$42,928 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1928
Lot Size0.24 AC / 10,546 SF
CountyCook County

Location

Listing Courtesy of Coldwell Banker Commercial NRT
Add your commute

Building Information for 5701 West Roosevelt Road

Stories3Residences18Year Built1928Building Size-Lot Size0.24 AC / 10,546 SF

Payment Calculator

$12,719 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,142

Property Taxes

$3,577

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5701 West Roosevelt Road

General Information
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany,Show-Special Instructions
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Basement Type: Cellar
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls,Hot Water
  • # Of Refrigerators: 16
  • Num of Baths: 16.2
Exterior Features
  • Misc Outside: Balcony/ies,Courtyard,Enclosed Stairs,Fire Escape
Utilities / Equipment
  • Utilities: Water Available
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Exterior Entrance,Corridor-Interior Entrance,Garden Complex,Other,Cluster
  • Lot Size Source: County Records
  • Lot Dimensions: 125 X 60
  • Lot Size Square Feet: 10546.0
  • Stories: 3
  • Construction: Brick
  • Roof Type: Rubber
  • Roof Structure: Flat,Other
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 15547
Property and Assessments
  • Possible Use: Commercial, Multi-Family, Retail
  • Public Document Count: 1
  • Document Date: 2025-10-28T16:08:40
  • Photos Count: 32
Miscellaneous
  • Current Use: Multi-Family
  • Location: Central Business District,Corner,Mixed Use Area,Out Lot of Shopping Center
Virtual Tour/Additional Media
  • Virtual Tour: Image360
  • Virtual Tour YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 18
Income & Expenses
  • Electric Expense: $99,999.00
  • Fuel Expense: $99,999.00
  • Gross Income: $251,030.00
  • Gross Scheduled Income: $251,030.00
  • Insurance Expense: $99,999.00
  • Maintenance Expense: $99,999.00
  • Manager Expense: $99,999.00
  • Electric Expense Source: Combination
  • Expense Year: 2024
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Combination
  • Insurance Expense Source: Combination
  • Janitor Expense: 99999
  • Manager Expense Source: CO
  • Repairs-Decor Expense Source: Combination
  • Trash Expense Source: Combination
  • Total Monthly Income: 20919
  • Water Expense Source: Combination
  • Net Operating Income: $149,595.00
  • Operating Expense: $93,904.00
  • Other Expense: $999,999.00
  • Trash Expense: $99,999.00
  • Water Sewer Expense: $99,999.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 6
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 6
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 4
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 2
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 5701 West Roosevelt Road

DateEvent & SourcePriceAppreciation
Oct 28, 2025

Price Change

MRED #12319200

$1,850,000
Sep 25, 2025

Price Change

MRED #12319200

$1,890,000
Sep 8, 2025

Price Change

MRED #12319200

$2,040,000
Aug 5, 2025

Price Change

MRED #12319200

$2,050,000
Aug 5, 2025

Price Change

MRED #12319200

$2,100,000
Jun 1, 2025

Price Change

MRED #12319200

$2,050,000
Mar 27, 2025

Listed (Active)

MRED #12319200

$2,100,000
Dec 1, 2022

Sold

MRED #11605841

$1,100,000
Sep 7, 2022

Pending

MRED #11605841

Sep 7, 2022

Contingent

MRED #11605841

Aug 16, 2022

Listed (Active)

MRED #11605841

$1,200,000
Oct 26, 2007

Sold (Public Record)

Public Record #228756306

$635,000

+96.9% / yr

Oct 26, 2007

Sold

MRED #06466473

$635,000
May 11, 2007

Pending

MRED #06466473

Apr 4, 2007

Listed (Active)

MRED #06466473

$795,000
Jan 15, 2007

Sold (Public Record)

Public Record #222915866

$375,000
DateEvent & SourcePrice
10/28/2025

Price Change

MRED #12319200

$1,850,000
09/25/2025

Price Change

MRED #12319200

$1,890,000
09/08/2025

Price Change

MRED #12319200

$2,040,000
08/05/2025

Price Change

MRED #12319200

$2,050,000
08/05/2025

Price Change

MRED #12319200

$2,100,000
06/01/2025

Price Change

MRED #12319200

$2,050,000
03/27/2025

Listed (Active)

MRED #12319200

$2,100,000
12/01/2022

Sold

MRED #11605841

$1,100,000
09/07/2022

Pending

MRED #11605841

09/07/2022

Contingent

MRED #11605841

08/16/2022

Listed (Active)

MRED #11605841

$1,200,000
10/26/2007

Sold (Public Record)

Public Record #228756306

$635,000

+96.9% / yr

10/26/2007

Sold

MRED #06466473

$635,000
05/11/2007

Pending

MRED #06466473

04/04/2007

Listed (Active)

MRED #06466473

$795,000
01/15/2007

Sold (Public Record)

Public Record #222915866

$375,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5701 West Roosevelt Road

Taxable ValueLand$7,977Additions$102,942Total$110,919
Tax Record2023$37,525 ($3,127 / month)
Home Facts
Lot Size7,421 SqFtStyleStoresYear Built1928CountyCOOKAPN16-20-205-007

Schools near 5701 West Roosevelt Road

This home is within J S Morton Hsd 201 School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 7 to 8
Public - 9
Public - 10 to 12
Rating
School
Distance
Daniel Burnham Elementary School
PublicK to 2

Unity Jr High School
Public7 to 8

J Sterling Morton Freshman Center
Public9

J Sterling Morton East High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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5701 West Roosevelt Road is a multi-family home for sale in Cicero, IL 60804. This property was listed for sale on March 27, 2025 by Coldwell Banker Commercial NRT, it's currently listed at $1,850,000. It has been on the market for a total of 326 days and was last sold on December 1, 2022. This listing's school districts are J S Morton Hsd 201 School District, Cicero School District 99. Nearby schools include Daniel Burnham Elementary School, Unity Jr High School and J Sterling Morton Freshman Center. 5701 West Roosevelt Road is a 50-bed, 18-bath, multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Commercial NRT

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/03/2025 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.