See all 11 photos
$349,900
Est. payment /mo
8 Beds
4 Baths
Active Under Contract
1317 S 49th CT Cicero, IL 60804
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12363290
Bedrooms 8
Year Built 1909
Annual Tax Amount $8,462
Tax Year 2023
Lot Dimensions 26X125
Property Sub-Type Two to Four Units
Property Description
Rehabbed 4-flat located in Cicero with major updates throughout, making this a excellent opportunity for investors or owner-occupants. The building features a 400-amp electrical service upgrade with a fifth meter added in 2018, and a new roof installed in 2022. All four units were updated in 2018 with refinished or new flooring, updated cabinetry and fixtures, remodeled bathrooms in most units, and new appliances. Mechanical systems have been significantly improved, including new furnaces in units 1F (2018), 1R (2023), and 2F (2018), along with updated ductwork in 2F. All water heaters were replaced in 2023. Tenants pay Electric and Gas. 3 units have gas forced furnace central heat, one unit has wall heater unit. Window units for AC. All units are currently occupied on month-to-month leases, with most set to expire at the end of June. Tenants are open to staying or vacating based on the new owner's needs, offering maximum flexibility for investors or those looking to occupy. A well-maintained and updated building in a strong rental market-ideal for those seeking immediate income with long-term potential. Selling AS-IS
Location
State IL
County Cook
Area Cicero
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Space Heater
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
New Construction false
Schools
School District 99 , 99, 201
Others
Ownership Fee Simple
Special Listing Condition None

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Wade • Jameson Sotheby's Intl Realty
GET MORE INFORMATION
Chris Buckely
IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311
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