2426 S Central Avenue

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2426 S Central Avenue

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).

  • The multifamily property is located at 2426 S Central Avenue
  • Cicero is a growing suburb situated within the Chicago metro
  • This asset functions as an apartment building for residential investment
  • The site provides access to major regional transit and highways
  • Ideal for investors seeking consistent income in a suburban market

What's Special

This multifamily apartment building at 2426 S Central Avenue sits within the established suburban market of Cicero, Illinois. Positioned just outside of Chicago, this location benefits from the regional connectivity provided by the broader metro area transportation network and local transit corridors. The property serves as a stable residential asset in a densely populated sector where demand for rental housing remains a consistent driver of the local economy. Investors may consider this asset for long-term residential leasing strategies or as an addition to a suburban income-producing portfolio. The building structure provides a functional layout suitable for typical apartment configurations, catering to the needs of the local workforce and residents seeking proximity to urban centers without the density of the city core.

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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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