NOT LISTED FOR SALE

1227 S 51st Ave Cicero, IL 60804

5 Beds
3 Baths
-- Sq Ft
1912 Built

Last Sold April 19, 2024

Last sale price $165,000

423 Days on Market

About This Home

As of April 2024

Situated in the heart of Cicero this all brick two unit offers two units with a finished attic which can be used as third unit, the units are very spacious two two large bedrooms plus den in each unit. The building offers size and character, hardwood floors in each unit, the units were recently updated within the past 10 years where limited updates are needed. The building offers a full basement which can be finished for additional income producing space, there is a two car garage and much more! The building is ideal for a passive investment against inflation, collect rents while values rise! This is a win win situation! Lets not overlook the location, steps from Cicero Ave and I-290, close to the blue line and public transportation! Get inside today as there are limited multi units available in Cicero and this one will not last long!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 02/02/2023

RE/MAX Premier

Last Buyer's Agent

Don Felton

Chicago's Real Estate Agency License #471005306

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,496

Year Built

  • Built in 1912

Lot Details

  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,496

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 174900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 99

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5495.8
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

MLS Schools

  • Other Public Sch Dist: 99

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $165,000 -5.7% --
04/01/2024 04/01/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $174,900 0.0% --
12/07/2023 12/07/23 Pending -- -- --
11/01/2023 11/01/23 Price Changed $174,900 -12.5% --
10/31/2023 10/31/23 For Sale $199,900 0.0% --
10/26/2023 10/26/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $199,900 -7.0% --
08/04/2023 08/04/23 For Sale $214,900 0.0% --
07/24/2023 07/24/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $214,900 0.0% --
05/02/2023 05/02/23 Pending -- -- --
04/10/2023 04/10/23 Price Changed $214,900 -6.5% --
03/06/2023 03/06/23 Price Changed $229,900 -6.1% --
02/02/2023 02/02/23 For Sale $244,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11711339

Midwest Real Estate Data (MRED)