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$ 529,900
Est. payment | /mo
8 Beds
3 Baths
$ 529,900
Est. payment | /mo
8 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12509827
Bedrooms 8
Year Built 1961
Annual Tax Amount $5,804
Tax Year 2023
Lot Dimensions 4410 SQ.FT.
Property Sub-Type Two to Four Units
Property Description
Excellent Investment Opportunity in a Thriving Cicero Neighborhood. Discover this beautifully maintained all-brick 3-flat apartment building situated on an oversized lot along a tree-lined street in one of Cicero's most desirable neighborhoods. This turn-key property presents a rare opportunity for both savvy investors and owner-occupants alike. Each unit offers a spacious 3-bedroom, 1-bath layout, featuring separate utilities with tenant-paid gas and electric for maximum efficiency. The second-floor unit has been tastefully updated with laminate flooring, a fully remodeled bathroom with floor-to-ceiling tile, standing shower, and modern fixtures. The building has been exceptionally cared for with a new stairway runner installed. Outside, enjoy a private, well-kept yard ideal for outdoor living, and a detached 3-car garage offering ample parking and additional storage. Property Highlights 1st Floor Unit: Spacious 2-bedroom/1-bath, access to common laundry and utility area-perfect for consistent rental income. 2nd Floor Unit: Tastefully updated 3-bedroom/1-bath with long-term tenants who would love to stay; ideal for owner-occupancy or premium rental potential. 3rd Floor Unit: Expansive 3-bedroom/1-bath with an open living/dining area and breakfast nook, offering strong rental appeal. All units feature bright, comfortable living spaces, combined living/dining rooms, and eat-in kitchens. The fully paved backyard and secure gated fence enhance curb appeal and privacy. Currently fully occupied, this property generates steady income from both long- and short-term tenants. Live in one unit and let the others help with your mortgage, or rent all three for exceptional cash flow potential. A basement laundry facility adds further convenience for tenants. Location & Lifestyle Nestled on a quiet, well-cared-for block surrounded by proud homeowners, this property is just minutes from parks, schools, shopping, and public transportation. The area's ongoing growth and revitalization make this a solid and promising investment for years to come. Don't miss out on this stylish, income-generating gem-schedule your private showing today and secure your spot in one of Cicero's most vibrant neighborhoods!
Location
State IL
County Cook
Area Cicero
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Baseboard
Fireplace N
Exterior
Garage Spaces 3.0
Roof Type Flat
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 99 , 99, 201
Others
Ownership Fee Simple
Special Listing Condition In Foreclosure
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Edgardo Guerrero of REMAX Legends
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Lenny Feil
Broker-Owner | Lic# 471005412