1621 S 50th CT, Cicero, IL 60804
1621 S 50th CT, Cicero, IL 60804
1621 S 50th CT, Cicero, IL 60804
17
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$509,900
Est. payment /mo
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6 Beds
4 Baths
Price Dropped by $10K

1621 S 50th CT Cicero, IL 60804

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12472418

Style Prairie

Bedrooms 6

Year Built 1925

Annual Tax Amount $12,780

Tax Year 2025

Lot Dimensions 30 x 126

Property Sub-Type Two to Four Units

Property Description

Excellent investment opportunity with this solid brick four-unit apartment building in Cicero! Includes two front units with two bedrooms and one bathroom, two rear units with one bedroom and one bathroom, basement with utility room and unfinished potential ADU. Estimated NOI of $34,817 with conservative rent amounts leading to a 6.9 CAP! Additional capital improvements may increase the monthly cash-flow leading to higher valuation. Three units have been renovated already. A one bedroom unit is in basic condition, still rentable. Schedule an appointment to view this outstanding property today!

Location

State IL

County Cook

Area Cicero

Zoning MULTI

Rooms

Basement Unfinished, Concrete, Full

Interior

Heating Gas

Equipment TV-Cable, CO Detectors, Ceiling Fan(s), Water Heater-Gas

Fireplace N

Exterior

Community Features Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Utilities Available Cable Available

Roof Type Tar/Gravel

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 99 , 99, 201

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Monica Gutierrez of  RE/MAX 10 

NEARBY SCHOOL & BUSINESS

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1621 S 50th CT