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$1,600,000
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Property Description
Great investment opportunity!! This 24-unit building in Cicero is a great cash flow. There are 18 - 1 bedroom units, 5 - studio units and 1 - 2 bedroom unit. 9 units are currently renovated with 2 more in process of renovation. There is a separate parking lot for the building with 19 spaces. The building has 4 PIN's. Water heater and Boiler replaced within the last 5 years. All but 3 units currently rent. Building is up to code with the city.
Full Property Details
Full Property Details for 1426 S Cicero Ave
General
- Sold For: $1,600,000
- Taxes: $37,285 (2021)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11744080
- Added to Site: 1, 065 day(s) ago
Parking
- Total Spaces: 19
Location
- Area: Cicero
- County: Cook
- Driving Directions: from I-55 head north on Cicero Ave unit located between 14th st and 15t st
Heating & Cooling
- Heating Type: Radiators
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Year Built: 1973
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 50' x 123'
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $72,920
- Assessment Year: 1973
- Tax Amount: $37,285
- Tax Year: 2021
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 16212230370000
Listed by Realty One Group Heartland
Sold by Forte Properties, Inc.
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Schools
Schools serving 1426 S Cicero 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 | 0.3 mi |
T Roosevelt Elementary School 1500 South 50th Avenue, Cicero, IL 60804 | 4-6 | 0.3 mi |
Unity Jr High School, Cicero, IL 2115 South 54th Avenue, Cicero, IL 60804 | 7-8 | 0.8 mi |
J Sterling Morton Freshman Center 1801 South 55th Avenue, Cicero, IL 60804 | 9- | 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 1426 S Cicero Ave
Date
Details
Price
Change
Source
9/18/2023
Sold
$1,600,000
-10.86%
MLS
3/23/2023
Listed
$1,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1426 S Cicero Avenue, Cicero, IL 60804 (MLS# 11744080) is a Commercial property that was sold at $1,600,000 on September 18, 2023. Want to learn more about 1426 S Cicero Avenue? Do you have questions about finding other Commercial real estate for sale in Cicero? You can browse all Cicero real estate or contact a Coldwell Banker agent to request more information.

