1230 S 59th Court

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1230 S 59th Court

Cicero, IL 60804
Asking Price
Contact for price
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
  • Located at 1230 S 59th Court in Illinois
  • Asset sits within the greater Chicago metropolitan area
  • Strategic regional location provides access to local transportation
  • Suitable investment opportunity for residential real estate portfolios

What's Special

This multifamily apartment building at 1230 S 59th Court provides an investment asset within the established Cicero market. Positioned just west of Chicago, this municipality serves as a dense residential and industrial hub within the broader metropolitan area. The property benefits from the regional connectivity provided by proximity to major transit arteries that link suburban communities to the central business district. Given its strategic placement, the asset is well-suited for investors seeking to maintain a residential footprint in a high-demand submarket. The surrounding area features a mix of workforce housing and local commerce, which supports consistent demand for apartment rentals. Prospective owners may leverage the density of the Cicero submarket to achieve steady occupancy levels, as the location remains a significant residential corridor for those commuting into the city center. This asset offers a practical addition to a diversified real estate portfolio focused on stable multifamily housing in the Illinois market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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