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$424,900
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Property Description
We welcome you to tour this two-unit property offering a great investment opportunity. Whether you are looking to live in one of the units and leasing the 2nd one or a full investment. There's definitely potential to maximize the rental income by duplexing the 1st floor with the basement and the 2nd floor with the attic adding more living space to both units. In addition, this property comes with an additional lot and it has 2 garages totaling 4 parking spots. Also, close distance to public transportation, grocery stores, coffee shops, restaurants and more. In conclusion: Plenty of living space, you can add a laundry area, you can offer 2 parking spots to each floor, you have plenty of space to provide outdoor amenities such as a fire place, a grill, an eating table with a bench, outdoor dimmable lighting making it nice and cozy for tenants to enjoy and have a happy and comfortable living. Happy tenants happy Landlord.
Full Property Details
Full Property Details for 1417 S 48th Ct
General
- Price: $424,900
- Taxes: $11,299 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12545745
- Updated: 2/28/2026
- Added to Site: 51 day(s) ago
Rental Information
- Complex Features: Other
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking Features: No Garage, Yes, Garage Owned, Detached, Garage
Location
- Area: Cicero
- County: Cook
- Township: Cicero
- Driving Directions: 16TH STREET TO 48TH COURT, NORTH TO PROPERTY.
School Information
- School District: 99
- Elem School District: 99
- Midd School District: 99
- High School District: 201
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Model: 2 UNITS
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Foundation: Block
- Roof: Asphalt
- Year Built: 1903
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Manufactured Home
- Model: 2 UNITS
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 122 APPRO x
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $2,643
- Assessment Year: 1903
- Tax Amount: $11,299.54
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16212230080000
Listed by 606 Brokers LLC
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Schools
Schools serving 1417 S 48th Ct
School Districts:Cicero School District 99, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
T Roosevelt Elementary School 1500 South 50th Avenue, Cicero, IL 60804 | 4-6 | 0.2 mi |
Liberty Elementary School, Cicero, IL 4946 West 13th Street, Cicero, IL 60804 | PK-3 | 0.3 mi |
J Sterling Morton Freshman Center 1801 South 55th Avenue, Cicero, IL 60804 | 9- | 0.8 mi |
Unity Jr High School, Cicero, IL 2115 South 54th Avenue, Cicero, IL 60804 | 7-8 | 0.8 mi |
J Sterling Morton East High School 2423 South Austin Boulevard, Cicero, IL 60804 | 10-12 | 1.8 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 1417 S 48th Ct
Date
Details
Price
Change
Source
1/12/2026
Listed
$424,900
21.4%
MLS
5/20/2022
Sold
$350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1417 S 48th Ct
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,151
-6%
$3,401
22%
2022
$1,219
1%
$2,791
—
2021
$1,205
3%
$2,791
—
2020
$1,171
-6%
$2,791
9%
2019
$1,250
3%
$2,563
—
2018
$1,218
4%
$2,563
—
2017
$1,173
12%
$2,563
18%
2016
$1,047
1%
$2,181
—
2015
$1,034
4%
$2,181
—
2014
$997
11%
$2,181
—
2013
$901
5%
$2,181
—
2012
$859
—
$2,181
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1417 S 48th Ct
1417 S 48th Court, Cicero, IL 60804 (MLS# 12545745) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 1417 S 48th Court is currently listed for $424,900 and was received on January 12, 2026. Want to learn more about 1417 S 48th 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.

