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Listing provided courtesy of Extreme Realty LLCMREDas Distributed by MLSGrid- MLS# 12554267MLS Provider

5938 W 16th StreetCicero, IL 60804

Commercial · 3,500 Sq. ft.
$425,000 Active

5938 W 16th Street Overview

Time on Site:
156 days
Visits:
8

FAMILY OWNED RESTAURANT READY TO RETIRE. THEY WILL BE LEAVING EVERYTHING IN THE RESTAURANT TO START UP THE BUSINESS AGAIN, ALL EQUIPMENT CURRENTY WORKING AND OWNER WILLING TO TRAIN IF NEEDED

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5938 W 16th Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,500
  • Price/Sq.ft. $121

Details

General

Income/Expenses

  • Operating Expense: 0

Business Information

  • Business Type: Restaurant

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Cicero

Tax Information

  • Tax Annual Amount: $16,912.00
  • Tax Year: 2024

General Information

  • Parcel Number: 16202240290000
  • Property Type: Business Opportunity
  • Zoning: MULTI

Interior

Building Interior

  • Building Area Total: 3500

General Information

  • Cooling: Window Unit(s)
  • Stories: 2

Unit Information

  • Unit SqFt.: 900

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 29X100
  • Lot Size Square Feet: 3500

Waterfront/View

  • Waterfront: No

5938 W 16th Street Neighborhood

Community

60804 (CICERO) Demographics

32
Median Age
10,436
Population Density (per sq. mile)
15%
College Educated
$53,750
Estimated Median Income
11,773
Estimated Total Home Owners
10,935
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5938 W 16th Street Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5938 W 16th Street Market Data

Based on the last 30 days in this zip code

$288,473
Average List Price
$215
Average Price per Square Foot
9
Properties Sold
66
Average Days on Market
68
Properties for Sale
Calculations provided by Reliance Network

5938 W 16th Street History

Date Event Value Agent
1/29/2026Source: MRED Status Change
Active
1/24/2026Source: MRED Added to Database
January 24, 2026