1220 S 59th Court

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1220 S 59th Court

Cicero, IL 60804
Asking Price
$575K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Cicero Illinois
  • Asking price for the residential asset is 574999 dollars
  • Property is situated in the 60804 zip code region
  • Located within the greater Chicago metropolitan area housing market
  • Suitable investment for those targeting workforce residential rental units

What's Special

Investors seeking to expand their portfolio will find this apartment building in Cicero a practical addition for a residential rental operation. This multifamily asset provides a stable base for long-term housing within a densely populated suburban market that remains well-connected to the broader Chicago metropolitan area. Its positioning within the 60804 ZIP code places residents in a community characterized by steady demand for workforce housing options. The property serves as a functional vehicle for building cash flow in a region where industrial and commercial sectors support a diverse labor force. Given its current scale and physical configuration, the building is suitable for owners prioritizing consistent occupancy. With its proximity to major transit arteries that link the western suburbs to the urban core, the site benefits from the underlying economic infrastructure of the local area. Strategic operators may find this asset aligns with objectives for disciplined growth within the Cook County rental market.

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NOI
$80,000
Cap Rate
13.91%
DSCR
2.34
Strong
Cash-on-Cash
26.59%
Monthly Payment
$2,844.781
Annual Cash Flow
$45,862.624

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