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$320,000 Just Listed
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Property Description
Unlock the potential for this building featuring 4 units, full basement and 2 car garage. It is conveniently located near public transportation, schools and right next to the park. Schedule your showing today. Sold AS IS and buyer to be responsible with the village requests.
Full Property Details
Full Property Details for 1507 S 51st Ave
General
- Price: $320,000
- Taxes: $7,602 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12596502
- Updated: Today (4/1/2026)
- Added to Site: Today
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: Cicero
- County: Cook
- Township: Cicero
- Driving Directions: 51st Ave towards 15th St 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: Lake Michigan, Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3150
Financial Considerations
- Assessment Year: 1920
- Tax Amount: $7,602.21
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16212260030000
Listed by RE/MAX Mi Casa
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Schools
Schools serving 1507 S 51st Ave
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 | 0.1 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- | 0.5 mi |
Unity Jr High School, Cicero, IL 2115 South 54th Avenue, Cicero, IL 60804 | 7-8 | 0.6 mi |
J Sterling Morton East High School 2423 South Austin Boulevard, Cicero, IL 60804 | 10-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1507 S 51st Ave
Date
Details
Price
Change
Source
4/01/2026
Listed
$320,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1507 S 51st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,336
41%
$24,999
63%
2022
$5,194
—
$15,313
—
2021
$5,172
1%
$15,313
—
2020
$5,125
-9%
$15,313
2%
2019
$5,662
3%
$15,035
—
2018
$5,514
3%
$15,035
—
2017
$5,335
12%
$15,035
21%
2016
$4,758
2%
$12,412
—
2015
$4,642
3%
$12,412
—
2014
$4,498
-3%
$12,412
-11%
2013
$4,644
4%
$13,869
—
2012
$4,480
—
$13,869
—
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 1507 S 51st Ave
1507 S 51st Avenue, Cicero, IL 60804 (MLS# 12596502) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 1507 S 51st Avenue is currently listed for $320,000 and was received on April 01, 2026. Want to learn more about 1507 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.

