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$397,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
  • Updated 7 days ago

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Rare, turnkey Cicero value-add opportunity! Oversized brick two-flat featuring a 3BD/1BA first floor unit and a spacious 2BD 1BA second floor unit with lots of storage. The basement holds potential to maximize rents with finished areas, a bathroom, an additional room, and substantial storage with laundry located on this level. Ideal for an owner-occupant, house hacker, or investor looking to maximize rents and explore additional living space possibilities (subject to municipal approval). Strong bones, classic Chicago craftsmanship, detached garage, fenced yard, and significant upside potential. Opportunities like this don't come around often.

Full Property Details for 1406 S 51st Ct

General

  • Price: $397,000
  • Taxes: $1,051 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12681145

Rental Information

  • Complex Features: Park, Sidewalks

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Other Features: Commuter Bus, Commuter Train, Interstate Access

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage

Location

  • Area: Cicero
  • County: Cook
  • Township: Cicero
  • Driving Directions: S on Laramie, W on 14th Street then South on 51st Court.

School Information

  • School District: 99
  • Elem School District: 99
  • Midd School District: 99
  • High School District: 201
  • Elementary School: Liberty Elementary School
  • Middle School: T Roosevelt Elementary School
  • High School: J Sterling Morton East High Scho
  • Private School: J Sterling Morton East High Scho

Heating & Cooling

  • Heating Type: Natural Gas, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Year Built: 1927
  • Built Before 1978: Yes
  • Remodeled/Updated: 2000

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 123

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1927
  • Tax Amount: $1,051
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 16212160250000

Listed by Baird & Warner

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— 1406 S 51st Ct —

  • Baird & Warner

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1406 S 51st Ct

School Districts:Cicero School District 99, J. Sterling Morton High School District 201
NameGradesDistance
T Roosevelt Elementary School
1500 South 50th Avenue, Cicero, IL 60804
4-60.2 mi
Liberty Elementary School, Cicero, IL
4946 West 13th Street, Cicero, IL 60804
PK-30.3 mi
J Sterling Morton Freshman Center
1801 South 55th Avenue, Cicero, IL 60804
9-0.5 mi
Unity Jr High School, Cicero, IL
2115 South 54th Avenue, Cicero, IL 60804
7-80.6 mi
J Sterling Morton East High School
2423 South Austin Boulevard, Cicero, IL 60804
10-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 1406 S 51st Ct

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,051
—
$19,832
—
2023
$1,051
-25%
$19,831
35%
2022
$1,400
4%
$14,710
—
2021
$1,347
10%
$14,710
—
2020
$1,220
-22%
$14,710
10%
2019
$1,568
2%
$13,337
—
2018
$1,530
6%
$13,337
—
2017
$1,447
-45%
$13,337
30%
2016
$2,631
-4%
$10,257
—
2015
$2,731
49%
$10,257
—
2014
$1,837
-42%
$10,257
-15%
2013
$3,146
2%
$12,121
—
2012
$3,089
—
$12,121
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1406 S 51st Court, Cicero, IL 60804 (MLS# 12681145) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 1406 S 51st Court is currently listed for $397,000 and was received on June 26, 2026. Want to learn more about 1406 S 51st Court? 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.

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