NOT LISTED FOR SALE

1415 S 51st Ct Cicero, IL 60804

7 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold August 16, 2021

Last sale price $345,000

2 Days on Market

Highlights

  • Property is near a park
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Community Pool
  • Baseboard Heating

About This Home

As of August 2021

Looking for an amazing opportunity? You will love this beautifully updated 4-unit multifamily property. First level unit one features one bedroom one bath, and unit three features three bedrooms one bath. Second level unit two features one bedroom one bath, and unit four features two bedrooms one bath. Updated electric, wired for individual units. Heat is baseboard heating. Centrally located in Cicero, convenient to expressway, parks, and shopping centers. Garage parking for two spaces. Great opportunity for positive cash flow. Owner is a licensed Illinois Realtor.

Last Agent to Sell the Property

Joshua Roberts

Keller Williams ONEChicago License #475194259 Listed on: 06/03/2021

Last Buyer's Agent

Maria Tamayo

Luna Real Estate Inc. License #471019966

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,464

Year Built

  • Built in 1914

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units

Recreation

  • Community Pool

Building Details

  • Fuel Expense $2,000
  • Water Sewer Expense $3,000
  • Gross Income $38,400
  • Net Operating Income $33,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,464

Year Built

Built in 1914

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: 1914
  • 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: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Gas
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Range Hood
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 5

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 345000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

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

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas, Steam, Baseboard
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Pool, Curbs, Sidewalks, Street Lights

Fee Information

  • Water Sewer Expenses: 3000

Schools

  • Middle/Junior School District: 99

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 33400
  • Fuel Expense: 2000
  • GrossIncome: 38400
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 5463.51
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

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 List to Sale Price per Sq Ft Prior Sale
08/16/2021 08/16/21 Sold $345,000 0.0% --
06/07/2021 06/07/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $345,000 +111.7% --
06/26/2015 06/26/15 Sold $163,000 -1.2% -- View Prior Sale
05/12/2015 05/12/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $164,900 -- --
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: 11110629

Midwest Real Estate Data (MRED)