1514 S 59th Court

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1514 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, Illinois
  • Asset located at the 1514 S 59th Court address
  • Property situated within a high-demand Chicago metropolitan submarket
  • Residential rental investment designed for long-term income growth
  • Efficient suburban location with access to regional transportation

What's Special

This multifamily apartment building at 1514 S 59th Court in Cicero, Illinois, presents a functional asset for investors looking to expand their portfolio within the Chicago metropolitan area. The property serves as a stable residential option in a densely populated suburban market that benefits from proximity to regional transportation networks and major employment hubs. Cicero maintains a long-standing industrial and residential history, providing consistent demand for rental housing across the submarket. Apartment buildings of this size allow for streamlined management and potential value-add opportunities for owners seeking long-term income streams. The location supports ease of access for tenants commuting into downtown Chicago or working within surrounding commercial districts. This asset remains well-positioned for those prioritizing multi-family holdings in established urban environments.

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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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