$350,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

1515 S 49th Ave Cicero, IL 60804

Estimated payment $2,597/month

Total Views 5,699
9 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Attention Investors & Rehabbers! Fantastic opportunity to own a solid brick 4-unit building in the heart of Cicero - the perfect handyman special with tons of upside. Each unit offers spacious layouts ready for your renovation ideas and updates. With some TLC, this property can generate strong cash flow or serve as a great value-add project for your portfolio. Features include a rear parking pad and convenient location near schools, shopping, public transportation, and major expressways. Ideal for investors looking to renovate, rent, or flip in a high-demand area. Sold as-is. Bring your tools and vision - great potential awaits!

Listing Agent

Melchor Domantay

Second City Real Estate License #475187492 Listed on: 10/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,133

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 25x125
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,133

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Detached, Garage
  • ParkingTotal: 2

Utilities

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

Lot Info

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

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 9133.37
  • Tax Year: 2023

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
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 List to Sale Price per Sq Ft Prior Sale
10/18/2025 10/18/25 For Sale $350,000 +25.0% --
05/12/2022 05/12/22 Sold $280,000 -6.6% -- View Prior Sale
03/21/2022 03/21/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $299,900 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12498763

Midwest Real Estate Data (MRED)