$405,000
SOLD JUL 6, 2026

1601 S 48th Ct Cicero, IL 60804

Cicero Area
6 Beds
2 Baths
-- Sq Ft
1926 Built

Sale Details

Date Sold: July 6, 2026

2% Above List Price

40 Days on Market

About This Home

As of July 2026

Nice looking two flat that features a recently remodeled first floor unit and a second unit in good condition. Each apartment has 3 bedrooms and a formal dining room. Separate gas and electric for each unit. Live in one unit and let the rent cover most of your mortgage expense. In addition to the rent, there is a $200 charge for the parking spaces.

Last Agent to Sell the Property

Jesus Gamboa

First Rate Properties License #471009366 Listed on: 04/16/2026

Last Buyer's Agent

Josue Duarte

Duarte Realty Company License #471020983

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,353

Year Built

  • Built in 1926 | Remodeled in 2025

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Available

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30x125

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,353

Year Built

Built in 1926 | Remodeled in 2025

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2025

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Yes
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Dimensions: 30x125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 9353.36
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,128
Interest Rate
7.45%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Legal Action Court Order $28,500 None Available
Warranty Deed $256,500 Heritage Title Company
Legal Action Court Order -- --
Warranty Deed $125,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $205,128 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/06/2026 07/06/26 Sold $405,000 +1.5% --
05/26/2026 05/26/26 Pending -- -- --
05/21/2026 05/21/26 For Sale $399,000 0.0% --
04/19/2026 04/19/26 Pending -- -- --
04/16/2026 04/16/26 For Sale $399,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,028 $30,000 $4,347 $25,653
2024 $9,028 $30,000 $4,347 $25,653
2023 $6,451 $30,000 $4,347 $25,653
2022 $6,451 $18,191 $3,780 $14,411
2021 $6,415 $18,191 $3,780 $14,411
2020 $6,333 $18,191 $3,780 $14,411
2019 $7,787 $19,391 $3,402 $15,989
2018 $7,585 $19,391 $3,402 $15,989
2017 $7,329 $19,391 $3,402 $15,989
2016 $6,218 $15,454 $2,835 $12,619
2015 $6,084 $15,454 $2,835 $12,619
2014 $5,889 $15,454 $2,835 $12,619
2013 $6,577 $18,546 $2,835 $15,711
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12620792

Midwest Real Estate Data (MRED)
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