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$377,795
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Property Description
Now available is a well-built brick multi-unit property featuring a newer roof and updated windows, located in a highly sought-after area. This home offers excellent potential for both investors and owner-occupants, though some updates are needed-including to the two-car garage. The main floor features two spacious bedrooms, a full bathroom, and a generous living room, dining room, and kitchen-all enhanced by original hardwood floors and soaring ceilings that add to the open, airy feel. Upstairs, the second unit offers three bedrooms and one full bathroom, along with its own full kitchen, dining room, and living space, also highlighted by original hardwood flooring and high ceilings.Additional features include a large unfinished attic and a tall, full unfinished basement-ideal for expansion, extra living space, or customization. The sizable backyard is perfect for outdoor living, gardening, or entertaining.Conveniently located close to schools, shopping, restaurants, and other everyday amenities, this property is a fantastic opportunity for anyone looking to invest in a solid structure with great bones and strong upside potential.
Full Property Details
Full Property Details for 1523 S 50th Ave
General
- Sold For: $377,795
- Taxes: $7,335 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12444703
- Added to Site: 168 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2.1
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Cicero
- County: Cook
- Subdivision: Grant Works
- Driving Directions: West on Roosevelt Rd from Cicero Ave to 50th Ave S to property
School Information
- School District: 99
- Midd School District: 99
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 126
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1920
- Tax Amount: $7,335.71
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16212280030000
Listed by Better Homes and Gardens
Sold by RE/MAX Partners
Get Pre-Approved Today
Schools
Schools serving 1523 S 50th 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- | 0.6 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1523 S 50th Ave
Date
Details
Price
Change
Source
12/05/2025
Sold
$377,795
-1.87%
MLS
10/19/2025
Price Reduced
$385,000
-1.03%
MLS
8/20/2025
Listed
$389,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1523 S 50th Avenue, Cicero, IL 60804 (MLS# 12444703) is a Multi-Family property that was sold at $377,795 on December 05, 2025. Want to learn more about 1523 S 50th 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.

