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$165,000
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Property Description
Situated in the heart of Cicero this all brick two unit offers two units with a finished attic which can be used as third unit, the units are very spacious two two large bedrooms plus den in each unit. The building offers size and character, hardwood floors in each unit, the units were recently updated within the past 10 years where limited updates are needed. The building offers a full basement which can be finished for additional income producing space, there is a two car garage and much more! The building is ideal for a passive investment against inflation, collect rents while values rise! This is a win win situation! Lets not overlook the location, steps from Cicero Ave and I-290, close to the blue line and public transportation! Get inside today as there are limited multi units available in Cicero and this one will not last long!
Full Property Details
Full Property Details for 1227 S 51st Ave
General
- Sold For: $165,000
- Taxes: $5,495 (2021)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 11711339
- Added to Site: 1, 117 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
Location
- Area: Cicero
- County: Cook
- Driving Directions: CICERO AVE TO 14TH ST W TO 51ST AV. N TO PROPERTY
School Information
- School District: 99
- Midd School District: 99
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1912
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1912
- Tax Amount: $5,495.8
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Exceptions-Call List Office
- Property ID: 16212020180000
Listed by RE/MAX Properties
Sold by Chicago's Real Estate Agency
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Schools
Schools serving 1227 S 51st Ave
School Districts:Cicero School District 99, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Liberty Elementary School, Cicero, IL 4946 West 13th Street, Cicero, IL 60804 | PK-3 | 0.2 mi |
T Roosevelt Elementary School 1500 South 50th Avenue, Cicero, IL 60804 | 4-6 | 0.3 mi |
J Sterling Morton Freshman Center 1801 South 55th Avenue, Cicero, IL 60804 | 9- | 0.7 mi |
Unity Jr High School, Cicero, IL 2115 South 54th Avenue, Cicero, IL 60804 | 7-8 | 0.9 mi |
J Sterling Morton East High School 2423 South Austin Boulevard, Cicero, IL 60804 | 10-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1227 S 51st Ave
Date
Details
Price
Change
Source
4/19/2024
Sold
$165,000
-5.66%
MLS
11/01/2023
Price Reduced
$174,900
-12.51%
MLS
9/19/2023
Price Reduced
$199,900
-6.98%
MLS
4/10/2023
Price Reduced
$214,900
-6.52%
MLS
3/06/2023
Price Reduced
$229,900
-6.12%
MLS
1/31/2023
Listed
$244,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1227 S 51st Avenue, Cicero, IL 60804 (MLS# 11711339) is a Multi-Family property that was sold at $165,000 on April 19, 2024. Want to learn more about 1227 S 51st Avenue? Do you have questions about finding other Multi-Family real estate for sale in Cicero? You can browse all Cicero real estate or contact a Coldwell Banker agent to request more information.

