$540,000
SOLD MAR 7, 2025

1344 S Austin Blvd Cicero, IL 60804

-- Bed
-- Bath
6,000 Sq Ft
4,059 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

14% Below List Price

74 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Forced Air Heating System
  • Brick or Stone Mason
  • Storage Room

About This Home

As of March 2025

Awesome All Brick 5 Unit Investment Property with 3 Parking spaces off the alley. Check out this opportunity to own this turn key building, most leases are month to month with the ability to increase revenue. All units are occupied. This well maintained 5 unit building with Hardwood floors consists of 4 2 Bedrooms units with 1 bath and 1 2Bedroom 2 Bath unit. All include kitchen appliances included. All units have their own forced air furnace and their own hot water tanks. All tenants are responsible all gas ,electric, wifi, cable utilities. Add your own coin laundry for more income! Already plumbed in basement. Updated electric, windows and roof. With units as big as 1100 sq ft and the rental market booming this a a great investment opportunity. Great location just south of Roosevelt rd and close to I-290 and Oak Park and Blue line train! Plus bus stop right in front! Call today for your private showing.

Last Agent to Sell the Property

Michael Giliano

Compass License #475135259 Listed on: 11/25/2024

Compass

Last Buyer's Agent

Roger Duarte Nevarez

Midwest SignatureProperties Co License #471022088

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,318

Year Built

  • Built in 1951

Lot Details

  • 4,059 Sq Ft Lot
  • Lot Dimensions are 33x122.77
  • Property fronts an alley

Home Design

  • Flat Roof Shape
  • Brick or Stone Mason
  • Reflective Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Finished Basement
  • Exterior Basement Entry
  • Fire and Smoke Detector

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $465
  • Trash Expense $3,057
  • Water Sewer Expense $2,505
  • Operating Expense $4,308
  • Gross Income $69,000
  • Net Operating Income $59,892

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,318

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance,Flats
  • Stories: 2
  • Year Built: 1951
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required,No Sign on Property,Highly Confidential
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Finished,Exterior Access
  • Fire Protection: Smoke or Fire Protectors
  • Misc Inside: Storage Inside,Laundry Room
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 5
  • Ranges: 5
  • Number of Windows: 0
  • Number of Washers: 0
  • Room: 4
  • Room: 4
  • Room: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street, Public Road, Signal Intersection, Alley Access
  • List Price: 629000
  • Roof: Reflective Coating
  • Exterior Building Type: Brick,Stone
  • Roof Structure: Flat
  • Misc Outside: Enclosed Stairs,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 1-5 Spaces,Common Parking,Open,Paved,Parking On-Site

Utilities

  • Cooling: None
  • Electric: Circuit Breakers, Separate Meters
  • Utilities: Water-Municipal
  • Heat/Ventilation: Forced Air,Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 3057
  • Water Sewer Expenses: 2505
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 33X122.77
  • Lot Size Sq Ft: 4059
  • Zoning: MULTI
  • Land Amenities: Sidewalks

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8
  • Tenancy Type: Leases,Month To Month

Building Info

  • BuildingAreaTotal: 6000
  • Building Unit Info: No Units Furnished

Multi Family

  • Net Operating Income: 59892
  • ElectricExpense: 465
  • GrossIncome: 69000
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 4308
  • Expense Year: 2023
  • Type Multi-Family: Corridor-Exterior Entrance,Flats

Tax Info

  • Tax Annual Amount: 14317.56
  • Tax Year: 2023

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Range of Values:

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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
03/07/2025 03/07/25 Sold $540,000 -14.1% $90 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
11/25/2024 11/25/24 For Sale $629,000 +85.0% $105 / Sq Ft
07/10/2015 07/10/15 Sold $340,000 -5.5% --
04/23/2015 04/23/15 Pending -- -- --
11/29/2014 11/29/14 For Sale $359,900 -- --
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: 12216633

Midwest Real Estate Data (MRED)