Listing Courtesy of Compass, Jorge Luna

1237 South 51st Avenue, Cicero, Illinois, 60804

GREAT INVESTMENT OPPORTUNITY! 6 UNIT BRICK BUILDING WITH MANY UPGRADES! 4 UNITS WITH 2 BEDROOMS AND 2 UNITS WITH 3 BEDROOMS. THE FOLLOWING REMODELING WORK WAS COMPLETED IN 2014: NEW WINDOWS THROUGHOUT, NEW ROOF (TEAR-OFF) AND ELECTRICAL SYSTEM UPGRADED. NEW FLOOD CONTROL SYSTEM INSTALLED IN 2015. 5 OUT OF 6 H2O HEATERS WERE REPLACED IN MAY 2021. THERE ARE TWO BOILERS AND ONE FURNACE. 2 SUMP PUMPS. NEWER PARKING PAD IN THE REAR. PROPERTY IS IN GREAT CONDITION BUT IT IS BEING SOLD IN AS-IS CONDITION. (SELLER WILL COMPLY WITH CICERO REQUIREMENTS). CURRENT RENTS ARE LOW DUE TO LONG TIME TENANTS (MONTH TO MONTH TENANCY). ADJACENT VACANT LOT IS INCLUDED IN THE LIST PRICE.

Active

$370,000

Multi-family

MLS

11208307

Built in 1915

Cicero

15908 ()

Disclaimer: The information contained in this listing has not been verified by Compass and should be verified by the buyer.

Information provided by MRED

REQUEST MORE INFO

We will never spam you!

ADDRESS & DIRECTIONS

  • Street Address: 1237 South 51st Avenue
  • City: Cicero
  • State: Illinois
  • County: Cook
  • Subdivision: Cicero
  • Directions:
    Laramie Ave. to 14th St. East to 51st Ave. Then north to the property (1/2 block south of Roosevelt Rd.)

PROPERTY FEATURES

General Information

  • Parcel Identification Number: 16212020230000
  • Multiple Pin Numbers: Yes
  • General Information: 24-Hr Notice Required,No Sign on Property
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Heating /Cooling Features

  • Air Conditioning: None
  • Heat/Ventilation: Forced Air,Gas,Radiators

Rooms Information

  • Basement Description: Unfinished

Construction Features

  • Exterior Building Type: Brick
  • Foundation Details: Other
  • Built Before 1978.
  • Construction Type: Brick

Commercial Features

  • Current Use: Residential-Multi-Family
  • Number Of Dishwashers: 0
  • Frontage/Access: City Street

SCHOOLS NEAR 1237 South 51st Avenue

  • Courtesy of Compass, Jorge Luna
  • Property last updated on MRED : 9/9/2021 10:11:22 AM