For Sale
$580,628

2345 Central AveCicero, IL 60804

Three Units + Bar, High Traffic Area

Overview

Added:
Feb 3
Days on market:
62
This exceptional mixed-use property, located at 2345 S Central Avenue in Cicero, Illinois, presents a compelling investment opportunity. The 4,250 square foot building boasts three separate residential units, each thoughtfully designed with two bedrooms, a living room, a dining room, a kitchen, and a full bathroom. These units offer significant rental income potential, making this a truly diversified investment. Adding to the property's income stream is a thriving storefront currently operating as a bar, situated on the busy Central Avenue corridor. This high-traffic location ensures excellent visibility and accessibility for any business. The property sits on a lot with no acreage specified, but includes a valuable two-car garage, providing additional convenience and potential storage space. The asking price for this lucrative mixed-use property is $580,628. This property is ideal for investors seeking a blend of residential and commercial income, offering a strong return on investment in a desirable location. The existing bar provides immediate cash flow, while the residential units offer long-term rental potential. The property's size and layout provide flexibility for future expansion or adaptation to suit evolving market demands. This is a rare opportunity to acquire a well-established, income-generating property in a vibrant commercial area. Don't miss out on this chance to secure a valuable asset with significant upside potential.

Property Details for 2345 Central Ave

Property type
Mixed-use properties
Square Feet
4,250 SF
Year Built
1915

Location Insight

City
Cicero
County
Cook
State
Illinois
Latitude
41.8475
Longitude
-87.76354
2345 Central Ave, Cicero, Illinois

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2345 Central Ave
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