$389,000
OPEN SUN 12PM - 2PM

1523 S 50th Ave Cicero, IL 60804

Estimated payment $2,730/month

Total Views 622
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Lower Floor Utility Room
  • Enclosed Patio or Porch
  • Entrance Foyer
  • Balcony
  • Soaking Tub

About This Home

Now available is a well-built brick multi-unit property featuring a newer roof and updated windows, located in a highly sought-after area. This home offers excellent potential for both investors and owner-occupants, though some updates are needed-including to the two-car garage. The main floor features two spacious bedrooms, a full bathroom, and a generous living room, dining room, and kitchen-all enhanced by original hardwood floors and soaring ceilings that add to the open, airy feel. Upstairs, the second unit offers three bedrooms and one full bathroom, along with its own full kitchen, dining room, and living space, also highlighted by original hardwood flooring and high ceilings.Additional features include a large unfinished attic and a tall, full unfinished basement-ideal for expansion, extra living space, or customization. The sizable backyard is perfect for outdoor living, gardening, or entertaining.Conveniently located close to schools, shopping, restaurants, and other everyday amenities, this property is a fantastic opportunity for anyone looking to invest in a solid structure with great bones and strong upside potential.

Listing Agent

Sandy Ortiz-Ramirez

Better Homes and Gardens License #475163090 Listed on: 08/20/2025

Better Homes and Gardens

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,336

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x126

Parking

  • 2.1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Lower Floor Utility Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Grant Works Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,336

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Grant Works
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Room Type: Enclosed Porch, Foyer, Utility Room-Lower Level
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • List Price: 389000
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.1
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2.1

Utilities

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

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Middle/Junior School District: 99

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7335.71
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/20/2025 08/20/25 For Sale $389,000 -- --
Source: Midwest Real Estate Data (MRED)

Similar Homes in Cicero, IL

  • 1342 S 57th Ave, Cicero, IL 60804

    $430,000

    • 6 Beds
    • 2 Baths
    • 1342 S 57th Ave
    • Cicero, IL

    Public Remarks:Welcome to 1342 S 57th Ave, a fully renovated brick 2-flat offering incredible income potential, owner-occupant flexibility, and expansion opportunities with a full unfinished basement. Each unit features 3 spacious bedrooms, a beautifully updated bathroom, and a sun-filled layout with generous living and dining space. You'll also find a versatile flex room - perfect for a home

    Brittany Sanchez Realty of America, LLC

    Section Image
  • 1438 50th Ct, Cicero, IL 60804

    $399,000

    • 6 Beds
    • 2 Baths
    • 1438 50th Ct
    • Cicero, IL

    Charming Brick 2-Flat This well-maintained brick 2-flat features two spacious units, each offering 3 generously sized bedrooms and 1 full bathroom. Both units are equipped with central air conditioning for year-round comfort. Enjoy large kitchens and bright, open living rooms - perfect for family gatherings or entertaining. The property also includes a detached 2-car garage and a backyard space.

    Jorge Mariscal RE/MAX Partners

    Section Image
  • 1802 S 50th Ave, Cicero, IL 60804

    $420,000

    • 4 Beds
    • 3 Baths
    • 1802 S 50th Ave
    • Cicero, IL

    THIS IS A MUST SEE! Great beautiful brick two flat with very spaces units and a full finished basement. Each unit features 2 beds, 1 bath. The 1st floor offers a living room, dining room, kitchen full bath and two generous size bedrooms. It also has hardwood floors throughout the unit. The second floor has the same lay out and looks just as good as the 1st unit. The basement has 2 extra rooms

    Faris Jafar American International Realty Corp.

    Section Image
  • 1622 48th Ct, Cicero, IL 60804

    $360,000

    • 5 Beds
    • 3 Baths
    • 1622 48th Ct
    • Cicero, IL

    PRICED TO SELL! Nice and spacious 2 unit brick building near many conveniences and amenities such as: I-290, public transportation, stores, schools, PINK line, etc.. Each unit has it's own furnace. 1st floor boiler replaced on 1/15/25 and has new vinyl plank flooring throughout. 2nd floor is a 3 bedroom unit with wood flooring. Full partially finished basement for possible related living or

    Terry Umecker RE/MAX 10 in the Park

    Section Image
  • 1304 S 50th Ave, Cicero, IL 60804

    $369,000

    • 5 Beds
    • 2 Baths
    • 1304 S 50th Ave
    • Cicero, IL

    This homes shows really well, Mrs. Clean lives here. Fresh paint job on the first floor. Second floor has 3 bedrooms and is now vacant and easy to show. First floor has a new kitchen just a few years old. Also a huge basement with great ceiling Excellent Brick and frame multi-unit building, very well cared for in great condition. Brand new siding and slab for Garage. With a full unfinished

    Irma Mejia Coldwell Banker Realty

    Section Image
  • 1837 S 50th Ct, Cicero, IL 60804

    $365,900

    • 4 Beds
    • 2 Baths
    • 1837 S 50th Ct
    • Cicero, IL

    VERY WELL-KEPT BRICK 2-FLAT. COMPLETE GUT REHAB IN 2011. EACH UNIT FEATURES OPEN FLOOR PLAN, BIG KITCHENS W/ GRANITE COUNTERTOPS, HARDWOOD FLOORS THROUGHOUT. NEWER WINDOWS. SEPARATE NEW UTILITIES: 2 NEW FURNACES & 2 NEW A.C. UNITS. LARGE FULL UNFINISHED BASEMENT with new washer and dryer. Fenced back yard with NEW oversize 2 car garage. Conveniently located near transportation, shopping and

    Marta Besson Coldwell Banker Stratford Place

    Section Image
  • 1319 S 51st Ct, Cicero, IL 60804

    $460,000

    • 4 Beds
    • 3 Baths
    • 1319 S 51st Ct
    • Cicero, IL

    Beautifully brick building in excellent conditions look no further great opportunity for frist time buyer live in one unit rent the other . Property in great location close to expreeway,public transportation, pinkline, schools, restaurants,close to downtown. Frist floor 2 bedroom, big living room,and dining room ,1 bathroom , 2 floor 2 bedroom, big living room , eat in kitchen, and enclose porch

    Jose Aparicio New Hope Realty Group, Inc.

    Section Image
  • 1911 S 49th Ave, Cicero, IL 60804

    $399,500

    • 4 Beds
    • 3 Baths
    • 1911 S 49th Ave
    • Cicero, IL

    Turnkey Brick 2-Flat with Strong Income Potential & Room to Grow Welcome to a well-maintained, move-in-ready brick 2-flat that's perfect for savvy homeowners looking to cut down their mortgage with rental income Each spacious unit features a formal dining room, updated kitchens, and enclosed back porches ideal for an office, playroom, or flex space. The property includes a 2-car garage, new

    oscar delahoya Realty of America, LLC

    Section Image
  • 2113 S 51st Ave, Cicero, IL 60804

    $369,900

    • 4 Beds
    • 2 Baths
    • 2113 S 51st Ave
    • Cicero, IL

    **GREAT 2 FLAT** **BOTH UNITS OFFER A LOT OF ROOM THEY BOTH HAVE FRONT ROOM, KITCHEN, DINING ROOM, 2 BEDROOMS & A SPARE ROOM TO USE AS OFFICE OR PLAY ROOM & ENCLOSED BACK PORCH** ** BASEMENT** **2 CAR GARAGE** **NICE BACK YARD** **GREAT LOCATION, CLOSE TO SHOPPING, TRAIN, & BUS SERVICE & CERMAK ROAD** **BUYER RESPONSIBLE FOR ALL OF TOWN OF CICERO REPAIRS** **SELLING AS IS**

    Cynthia Dembowski Acclaim Real Estate Inc.

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12444703

Midwest Real Estate Data (MRED)