NOT LISTED FOR SALE

1401 S 59th Ct Cicero, IL 60804

8 Beds
4 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold January 13, 2017

Last sale price $249,000

33 Days on Market

About This Home

As of January 2017

Want to be a savvy investor? Here's your chance! This is 4 flat with a very good cap rate. All units are rented. 4 units with 2 br each = cash flow. Great tenants! All apartments have new floors, new doors, fresh tuck pointing and new plumbing. Plus, the building has a high-efficiency boiler. Full basement with coin laundry for tenants. 3 car garage and not occupied could be rented out for extra cash. Just steps from McKinley school and around the corner from North Warren Park. Tenants pay cooking gas and electric. Check out the comps, you won't be disappointed. Sold as is.

Last Agent to Sell the Property

Erik Posadas

Nelly Corp Realty Listed on: 09/21/2016

Last Buyer's Agent

Gabriel Martinez

Iconic Real Estate of Illinois Inc License #471019380

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,660

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 34x126
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,660

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: Sump Pump
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove
  • AppliancesAndFeatures: Stove
  • Room: 4

Exterior Features

  • Foundation Details: Brick/Mortar
  • List Price: 259900
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 7
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 99

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 34X126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 7659.91
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Range of Values:

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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
01/13/2017 01/13/17 Sold $249,000 -4.2% --
10/24/2016 10/24/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $259,900 -- --
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: 09348625

Midwest Real Estate Data (MRED)