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1847 S 57th Avenue , Cicero, IL 60804

$550,000
  • 1847 S 57th Avenue , Cicero, IL 60804 Main Photo

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New to the Market New
BEDS7 BATHS4 full MLS#12685954
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 201

Property Description

Investment Opportunity: Spacious 4-Unit Multifamily on an Oversized Double Corner Lot Exceptional opportunity to own a well-maintained 4-unit multifamily property situated on a rare oversized double corner lot with an abundance of outdoor space and parking. This income-producing asset offers features that are increasingly difficult to find, making it an attractive addition to any investment portfolio. The property boasts a two-car garage, along with two additional off-street parking pads, providing ample parking accommodations for tenants and guests. A brand-new boiler offers peace of mind and added value by reducing immediate capital improvement concerns. Set on a huge yard, the expansive outdoor space enhances tenant appeal and offers endless possibilities for recreation, gardening, or future enhancements, subject to local regulations. The generous double-lot configuration and prominent corner location provide added privacy, curb appeal, and long-term potential. Whether you're a seasoned investor seeking a strong multifamily asset or an owner-occupant looking to offset living expenses with rental income, this unique property combines functionality, convenience, and exceptional lot size in one compelling package.

1847 S 57th Avenue | MLS# 12685954

This multi-family property located at 1847 S 57th Avenue , Cicero, IL 60804 is currently listed for sale with an asking price of $550,000. S 57th Avenue is located within the District 201 school district. Search Cicero real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Crawl Space, Cellar, Full
Garage: 2
Heating: Natural Gas, Electric, Radiator(s)
Lot Size: 0.17 Acres
Roof Type: Rubber
Taxes: $12,258
Year Built: 1910

Feature Descriptions

Exterior: Aluminum Siding, Brick
Lot Dimensions: 59x126
Other Equipment: Ceiling Fan(s)
Parcel#: 16204150190000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 16
Township: Cicero
Water: Lake Michigan

Local Schools

High School: J Sterling Morton East High Scho
School District: District 201

Listed By / Shown By

Listed By

Agency Name: Circle One Realty
Agency Phone: 630-528-2300

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 3,680.19 per month $2,498.27 Principal & Interest $1,021.50 Property Tax $160.42 Homeowner's Insurance

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