$590,000
OPEN SUN 12:30PM - 2:30PM

1337 S Austin Blvd Cicero, IL 60804

Estimated payment $3,928/month

Total Views 1,856
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Want $50,000+ of cash flow yearly without the added burden of installing new electric and plumbing to get there? Welcome home to the soundest investment you might ever make with this MASSIVE, condo-quality 2flat ideally located on the Cicero/Oak Park border, just minutes from Berwyn, Oak Park, and the Blue Line. This is a true, fully permitted gut rehab (yep): allnew plumbing, electrical, windows, appliances, fixtures, cabinetry, and concrete work inside and out. Each unit offers over 1,500 sq ft with gleaming hardwood floors, designer lighting, an elegant electric fireplace, oversized bedrooms with great closets, and separate living, dining, and family/media rooms-perfect for entertaining or workfromhome. Kitchens are showpieces with premium cabinetry, breakfast nooks, and brandnew appliance packages. Spastyle baths feature dual vanities, fogfree Bluetooth mirrors, and sleek modern finishes. Smart features include a twoway audio/video intercom, inunit laundry (exclusive washer/dryer in basement), and highefficiency central HVAC. Outside, enjoy a newly poured concrete patio and walkways, plus a garage space with wallmounted storage and easy street parking. The lower level already has bathroom plumbing/fixtures and wideopen space-offering excellent potential for a third incomeproducing unit or extended living with minimal additional investment. Turnkey, highcaprate opportunity for investors or owneroccupants.

Listing Agent

Denee Preston

Compass License #475173674 Listed on: 11/04/2025

Compass

Co-Listing Agent

DeMarcus Hunter

Compass License #475197505

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,811

Year Built

  • Built in 1926 | Remodeled in 2024

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms
  • Dual Sinks
  • Soaking Tub

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck
  • 3,920 Sq Ft Lot

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $3,951
  • Trash Expense $1
  • Water Sewer Expense $2,000
  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,811

Year Built

Built in 1926 | Remodeled in 2024

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: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Special Features: 4097
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 1
  • Water Sewer Expenses: 2000
  • Trash Expense Year: 2024

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 4092 square feet
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Insurance Expense: 3951
  • GrossIncome: 56400
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 9811
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 For Sale $590,000 +76.1% --
07/07/2023 07/07/23 Sold $335,000 0.0% -- View Prior Sale
04/18/2023 04/18/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $335,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12506921

Midwest Real Estate Data (MRED)