K
Seller's Agent in 2024
Karen Flores
Luna Realty Group
(773) 879-2110
17 in this area
151 Total Sales
1240 S 55th Ct Cicero, IL 60804
9
Beds
6
Baths
3,750
Sq Ft
4,032
Sq Ft Lot
About This Home
As of January 2024ADD THIS GREAT PRODUCING INCOME- 6 UNIT TO YOUR PORTFOLIO! Beautiful and spacious brick building featuring a total of 9 bedrooms, GREAT SIZED UNITS with formal living rooms, bedrooms with closets, and beautiful kitchens. Coin laundry in the basement with washer & dryer included. Property is close to interstate access (3 mins driving distance), shopping, businesses, and Chicago Downtown! This property is located in a perfect location to always have all units rented! From commuters, students, etc. There are 3 exterior parking spaces in the back of the property. Roof was a complete tear off with architectural shingles (30-year warranty) done in 2016! Long term owner is ready to sell this cash flowing property! Buyer to confirm all data and zoning. Property is being sold as is.
Last Agent to Sell the Property
Luna Realty Group License #475182345 Listed on: 11/21/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,994
Year Built
- Built in 1962
Lot Details
- 4,032 Sq Ft Lot
- Lot Dimensions are 30x125
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 3,750 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $400
- Fuel Expense $2,235
- Insurance Expense $2,709
- Maintenance Expense $1,300
- Trash Expense $660
- Water Sewer Expense $1,800
- Operating Expense $18,723
- Gross Income $75,000
- Net Operating Income $56,277
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2024 01/12/24 | Sold | $502,500 | -4.3% | $134 / Sq Ft |
| 11/27/2023 11/27/23 | Pending | -- | -- | -- |
| 11/21/2023 11/21/23 | For Sale | $525,000 | -- | $140 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,547 | $43,000 | $4,031 | $38,969 |
| 2024 | $14,547 | $43,000 | $4,031 | $38,969 |
| 2023 | $11,994 | $43,000 | $4,031 | $38,969 |
| 2022 | $11,994 | $27,464 | $3,469 | $23,995 |
| 2021 | $11,855 | $27,463 | $3,468 | $23,995 |
| 2020 | $11,526 | $27,463 | $3,468 | $23,995 |
| 2019 | $11,095 | $22,742 | $3,187 | $19,555 |
| 2018 | $10,811 | $22,742 | $3,187 | $19,555 |
| 2017 | $10,407 | $22,742 | $3,187 | $19,555 |
| 2016 | $7,258 | $15,124 | $2,625 | $12,499 |
| 2015 | $7,172 | $15,124 | $2,625 | $12,499 |
| 2014 | $7,557 | $16,535 | $2,625 | $13,910 |
| 2013 | $6,832 | $16,535 | $2,625 | $13,910 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Flores
-
Bernardo Casas
Buyer's Agent in 2024
Bernardo Casas
Duarte Realty Company
(336) 684-0447
9 in this area
35 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11935284
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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