$390,000

2921 S 49th Ave Cicero, IL 60804

Estimated payment $2,995/month

Total Views 691
8 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Loft
  • Forced Air Heating System
  • 2 Car Garage
  • Outdoor Storage

About This Home

Excellent investment opportunity in Cicero! Oversized 3-unit income-producing building located just steps from Cicero Avenue, Sam's Club, Home Depot, Target, Five Below. Property features two spacious 3-bedroom apartments with formal dining rooms, plus a large 900 sq. ft. first-floor unit offering flexible open space that could be used as a loft or additional living area. 2-car tandem garage, partial basement, and attic for extra storage. Recent updates include a newer tear-off roof, two newer heating systems, one newer water heater, and several updated windows. Building has been re-zoned by the Township of Cicero as a legal non-conforming 3-unit . Sold AS-IS, buyer to assume all compliance repairs. Don't miss this rare opportunity-perfect for savvy investors!

Listing Agent

J. Alday

Realty of America, LLC License #475204169 Listed on: 08/29/2025

Realty of America, LLC

Co-Listing Agent

Lilianny Pereda

Realty of America, LLC License #475215422

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,487

Year Built

  • Built in 1921

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Loft
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

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

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,487

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Room Type: Loft
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick, Frame
  • ExteriorFeatures: Other
  • List Price: 390000
  • OtherStructures: Garage(s), Storage
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Tandem, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

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

Schools

  • Middle/Junior School District: 99

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 4575 SQ. FT.
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10487
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $10,487 $31,000 $4,918 $26,082
2023 $13,531 $31,000 $4,918 $26,082
2022 $13,531 $30,983 $4,232 $26,751
2021 $13,374 $30,982 $4,231 $26,751
2020 $13,003 $30,982 $4,231 $26,751
2019 $12,800 $25,849 $3,888 $21,961
2018 $12,462 $25,849 $3,888 $21,961
2017 $12,012 $25,849 $3,888 $21,961
2016 $9,206 $18,920 $3,202 $15,718
2015 $9,097 $18,920 $3,202 $15,718
2014 $8,757 $18,920 $3,202 $15,718
2013 $8,955 $21,424 $3,202 $18,222
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $390,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Executors Deed $110,000 Multiple
Warranty Deed $130,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $65,000 Commercial
Previous Owner $15,000 Commercial
Previous Owner $120,000 Commercial
Previous Owner $104,000 Commercial
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12459218

Midwest Real Estate Data (MRED)

APN: 16-28-419-010-0000