NOT LISTED FOR SALE

1930 S Cicero Ave Cicero, IL 60804

70 Beds
38 Baths
28,050 Sq Ft
8,276 Sq Ft Lot

Last Sold September 15, 2017

Last sale price $1,730,000 $62 Per Sq Ft

206 Days on Market

Highlights

  • 0.19 Acre Lot
  • Central Heating
  • 3-minute walk to Cicero Station (Pink Line)

About This Home

As of September 2017

Located near the intersection of Cicero Ave. and Cermak Rd., this multi-family boasts 38 units, 7 indoor parking spaces, newer boilers and an on site laundry. The property has 32 two-bedroom units and 6 one-bedroom units that are currently 95% leased. With a manager's office on site and its close proximity to the CTA Pink Line, this building is ideal for an investor looking for an established rental building with steady cash flow.

Last Agent to Sell the Property

Michael Mintz

Millennium Properties RE, Inc. Listed on: 10/07/2016

Last Buyer's Agent

Michael Mintz

Millennium Properties RE, Inc. Listed on: 10/07/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $58,148

Year Built

  • Built in 1970

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 79x123

Interior Spaces

  • 28,050 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 70 Bedrooms
  • 38 Bathrooms

Utilities

  • Central Heating

Community Details

  • 38 Units

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$58,148

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 38
  • Total Bedrooms: 70
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 1800000

Garage/Parking

  • Indoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Central Bldg Heat
  • Leased Washer Dryer YN: Yes

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 79X123
  • Zoning: MULTI
  • Alternate Phone Number: (312) 338-2578

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 28050

Multi Family

  • NumberOfUnitsTotal: 38
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 58148
  • Tax Year: 2015

Range of Values:

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Average Value
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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
01/21/2018 01/21/18 Off Market $1,730,000 -- --
09/15/2017 09/15/17 Sold $1,730,000 -3.9% $62 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
10/07/2016 10/07/16 For Sale $1,800,000 -- $64 / Sq Ft
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: 09361501

Midwest Real Estate Data (MRED)