3101 S 49th Avenue , Cicero, IL 60804

$797,000
  • 3101 S 49th Avenue , Cicero, IL 60804 Main Photo

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New to the Market New
BEDS9 BATHS5 full MLS#12768562
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 201

Property Description

Explore this mixed-use investment opportunity in Cicero, offering multiple sources of rental income in one property. The building includes four apartments, an operating first-floor cafe, and a three-car garage, all currently rented. The residential portion features a mix of one-bedroom, one-bedroom-plus-flex, and two-bedroom apartments. That variety gives the property appeal to tenants with different space needs, while the first-floor cafe adds a commercial component to the income mix. The rented three-car garage provides an additional source of revenue beyond the residential and cafe leases. Situated near Cicero Avenue, the property offers access to I-55 and Midway International Airport, connecting tenants and customers to the surrounding area and the broader Chicago market. For an investor looking to acquire a property with an existing tenant base and several income sources, this Cicero building is an opportunity to take a closer look.

3101 S 49th Avenue | MLS# 12768562

This multi-family property located at 3101 S 49th Avenue , Cicero, IL 60804 is currently listed for sale with an asking price of $797,000. S 49th 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: Partially Finished, Partial
Garage: 3
Heating: Natural Gas
Lot Size: 6,525 Sqft
Taxes: $13,058
Year Built: 1908

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 6,525 Sqft
Parcel#: 16332080010000
Parking: Yes, Detached, Garage
Sewer: Public Sewer
Total Rooms: 14
Township: Cicero
Water: Lake Michigan

Local Schools

School District: District 201

Listed By / Shown By

Listed By

Agency Name: Real Broker LLC
Agency Phone: 217-960-8605

Shown By

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

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Estimated Payment

$ 4,940.85 per month $3,620.22 Principal & Interest $1,088.17 Property Tax $232.46 Homeowner's Insurance

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