$774,700
SOLD JUN 23, 2025

2413 S 53rd Ave Cicero, IL 60804

-- Bed
-- Bath
-- Sq Ft
6,300 Sq Ft Lot

Recently Sold

3% Below List Price

7 Days on Market

About This Home

As of June 2025

Excellent opportunity in Cicero. Rarely available 8-unit building with seven-2bdrm units and one-3bdrm. Nice size units with good rental history. The building has a brand-new boiler, storage for each unit, coin laundry for extra income. Quiet neighborhood, easy walk to transportation and amenities. Good long-term tenants. Rents can be increased. Property is being sold as is. Buyer will assume all Village of Cicero compliance items.

Last Agent to Sell the Property

David Kumskis

One Eighty Real Estate Group License #471012724 Listed on: 04/30/2025

Last Buyer's Agent

Kosta Shamata

Exit Realty Redefined License #471019146

Exit Realty Redefined

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,263

Year Built

  • Built in 1924

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 100x63

Additional Features

  • 2-Story Property
  • Radiator

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $700
  • Fuel Expense $6,500
  • Insurance Expense $4,047
  • Maintenance Expense $2,200
  • Trash Expense $4,553
  • Water Sewer Expense $3,600
  • Operating Expense $36,863
  • Gross Income $90,000
  • Net Operating Income $56,137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,263

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats,Other
  • Stories: 2
  • Year Built: 1924
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Utilities

  • Heat/Ventilation: Radiators

Fee Information

  • Trash Expense: 4553
  • Water Sewer Expenses: 3600

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 100X63
  • Lot Size Sq Ft: 6300
  • Zoning: MULTI

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 56137
  • Fuel Expense: 6500
  • Insurance Expense: 4047
  • ElectricExpense: 700
  • GrossIncome: 90000
  • Maintenance Expense: 2200
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 36863
  • Type Multi-Family: Flats,Other

Tax Info

  • Tax Annual Amount: 15263
  • Tax Year: 2023
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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
06/23/2025 06/23/25 Sold $774,700 -3.2% --
05/07/2025 05/07/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $799,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

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 $15,263 $45,117 $6,773 $38,344
2024 $15,263 $45,117 $6,773 $38,344
2023 $18,934 $53,372 $6,773 $46,599
2022 $18,934 $43,354 $9,450 $33,904
2021 $20,128 $46,629 $9,450 $37,179
2020 $19,570 $46,629 $9,450 $37,179
2019 $16,224 $33,254 $5,670 $27,584
2018 $15,808 $33,254 $5,670 $27,584
2017 $15,217 $33,254 $5,670 $27,584
2016 $15,324 $31,934 $5,040 $26,894
2015 $15,143 $31,934 $5,040 $26,894
2014 $14,594 $31,934 $5,040 $26,894
2013 $13,840 $33,494 $5,040 $28,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12352238

Midwest Real Estate Data (MRED)