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$549,900
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Property Description
**Investment Opportunity, Solid Brick Four-Unit Building in Cicero** Unlock the potential of this solid brick building, featuring four apartments and a full basement. This well-maintained property is a fantastic opportunity for investors seeking excellent rental income and is perfect for potential house hackers. The property is in good shape however it requires TLC to maximize its full potential. It is conveniently located near local amenities, public transportation, and schools, making it highly attractive for renters. Don't miss the chance to invest in a property with great income potential. Schedule your showing today!
Full Property Details
Full Property Details for 1621 S 50th Ct
General
- Price: $549,900
- Taxes: $12,855 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12472418
Rental Information
- Complex Features: Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 5
- Upper - Full Baths: 4
- Bathroom Features: Accessible Shower
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 3
- Parking Features: Yes, Owned
Location
- Area: Cicero
- County: Cook
- Township: Cicero
- Driving Directions: Laramie to 16th, right on 16th Street, right onto 50th Court
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
- Architectural Info: Other
- Architectural Style: Other
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1925
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1925
- Tax Amount: $12,855
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 16214030110000
Listed by Re/Max 10
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Schools
Schools serving 1621 S 50th 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 | 0.5 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 | 0.5 mi |
J Sterling Morton East High School 2423 South Austin Boulevard, Cicero, IL 60804 | 10-12 | 1.4 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
Tax History for 1621 S 50th Ct
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,411
44%
$40,000
103%
2022
$8,611
22%
$19,716
—
2021
$7,073
1%
$19,716
—
2020
$6,973
-12%
$19,716
—
2019
$7,904
7%
$19,630
—
2018
$7,372
3%
$19,630
—
2017
$7,129
8%
$19,630
16%
2016
$6,587
2%
$16,937
—
2015
$6,432
19%
$16,937
—
2014
$5,393
26%
$16,937
23%
2013
$4,285
-24%
$13,751
-21%
2012
$5,605
—
$17,439
—
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 1621 S 50th Ct
1621 S 50th Court, Cicero, IL 60804 (MLS# 12472418) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 1621 S 50th Court is currently listed for $549,900 and was received on February 06, 2026. Want to learn more about 1621 S 50th 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.

