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$550,000
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Property Description
Investment Opportunity: Spacious 4-Unit Multifamily on an Oversized Double Corner Lot Exceptional opportunity to own a well-maintained 4-unit multifamily property situated on a rare oversized double corner lot with an abundance of outdoor space and parking. This income-producing asset offers features that are increasingly difficult to find, making it an attractive addition to any investment portfolio. The property boasts a two-car garage, along with two additional off-street parking pads, providing ample parking accommodations for tenants and guests. A brand-new boiler offers peace of mind and added value by reducing immediate capital improvement concerns. Set on a huge yard, the expansive outdoor space enhances tenant appeal and offers endless possibilities for recreation, gardening, or future enhancements, subject to local regulations. The generous double-lot configuration and prominent corner location provide added privacy, curb appeal, and long-term potential. Whether you're a seasoned investor seeking a strong multifamily asset or an owner-occupant looking to offset living expenses with rental income, this unique property combines functionality, convenience, and exceptional lot size in one compelling package.
Full Property Details
Full Property Details for 1847 S 57th Ave
General
- Price: $550,000
- Taxes: $12,258 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12685954
- Updated: 6/29/2026
- Added to Site: 12 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 7
Additional Information
- Equipment: Ceiling Fan(s)
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Cicero
- County: Cook
- Township: Cicero
- Driving Directions: From I-290 exit Central Avenue, South on Central Avenue to W. 18th Street. West on W. 18th Street to S. 57th Avenue. South on S. 57th Avenue
School Information
- School District: 99
- Elem School District: 99
- Midd School District: 99
- High School District: 201
- High School: J Sterling Morton East High Scho
- Private School: J Sterling Morton East High Scho
Heating & Cooling
- Heating Type: Natural Gas, Electric, Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Aluminum Siding, Brick
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Unfinished, Crawl Space, Cellar, Full
- Foundation: Stone
- Roof: Rubber
- Year Built: 1910
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 59 x 126
Financial Considerations
- Assessment Year: 1910
- Tax Amount: $12,258.39
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16204150190000
Listed by Circle One Realty
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Schools
Schools serving 1847 S 57th Ave
School Districts:Cicero School District 99, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Daniel Burnham Elementary School 5900 West 14th Street, Cicero, IL 60804 | K-2 | 0.6 mi |
Warren Park School 1225 South 60th Court, Cicero, IL 60804 | 3-6 | 0.8 mi |
J Sterling Morton Freshman Center 1801 South 55th Avenue, Cicero, IL 60804 | 9- | 0.4 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 | 0.7 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 1847 S 57th Ave
Date
Details
Price
Change
Source
6/23/2026
Listed
$550,000
—
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 1847 S 57th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,840
—
$35,000
—
2023
$11,840
20%
$34,999
19%
2022
$9,882
-9%
$29,467
-7%
2021
$10,825
1%
$31,738
—
2020
$10,716
24%
$31,738
29%
2019
$8,624
3%
$24,535
—
2018
$8,397
3%
$24,535
—
2017
$8,138
41%
$24,535
44%
2016
$5,773
3%
$17,025
—
2015
$5,585
-3%
$17,025
—
2014
$5,768
-13%
$17,025
-17%
2013
$6,630
-18%
$20,552
—
2012
$8,094
—
$20,552
—
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 1847 S 57th Ave
1847 S 57th Avenue, Cicero, IL 60804 (MLS# 12685954) is a Multi-Family property with 4 units containing 7 bedrooms and 0 full bathrooms. 1847 S 57th Avenue is currently listed for $550,000 and was received on June 23, 2026. Want to learn more about 1847 S 57th 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.

