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$1,199,000 Just Listed
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Property Description
ATTENTION INVESTORS! An incredible opportunity to add a fully occupied 10-unit multifamily building to your investment portfolio in the heart of Cicero! Featuring 10 income-producing units, this property offers immediate rental income and excellent potential for long-term growth. Whether you're an experienced investor looking to expand your portfolio or seeking your next multifamily investment, this property presents an opportunity to build equity, maximize rental potential, and generate consistent cash flow. Conveniently located near major roadways, shopping, dining, and public transportation, offering accessibility for tenants. With all 10 units currently occupied and opportunities for future improvements and increased rental income, this is an investment you won't want to overlook. Ten units, one property, endless potential!
Full Property Details
Full Property Details for 2101 S Lombard Ave
General
- Price: $1,199,000
- Taxes: $23,702 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12791976
Location
- Area: Cicero
- County: Cook
- Driving Directions: Located on 21st Pl, west of Cicero Ave.
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Trash: 8231
Structural Information
- Stories/Levels: 3
- Year Built: 1925
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 50 x 120
Financial Considerations
- Insurance Fee: $3,000
- Operating Expenses: $57,734
- Assessment Year: 1925
- Tax Amount: $23,702
- Tax Year: 2025
- Pays Electric: 1108
- Pays Trash: 8231
Disclosures and Reports
- Property ID: 16203330010000
Listed by Realty One Group Heartland
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Schools
Schools serving 2101 S Lombard Ave
School Districts:J. Sterling Morton High School District 201, Cicero School District 99
| Name | Grades | Distance |
|---|---|---|
Warren Park School 1225 South 60th Court, Cicero, IL 60804 | 3-6 | 0.9 mi |
J Sterling Morton Freshman Center 1801 South 55th Avenue, Cicero, IL 60804 | 9- | 1 mi |
Unity Jr High School, Cicero, IL 2115 South 54th Avenue, Cicero, IL 60804 | 7-8 | 1.1 mi |
J Sterling Morton East High School 2423 South Austin Boulevard, Cicero, IL 60804 | 10-12 | 0.5 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 2101 S Lombard Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$24,538
4%
$70,060
—
2023
$23,702
-8%
$70,059
19%
2022
$25,635
1%
$58,696
—
2021
$25,337
3%
$58,696
—
2020
$24,634
8%
$58,696
26%
2019
$22,784
3%
$46,701
—
2018
$22,201
4%
$46,701
—
2017
$21,370
12%
$46,701
17%
2016
$19,153
1%
$39,911
—
2015
$18,926
4%
$39,911
—
2014
$18,239
11%
$39,911
—
2013
$16,493
-11%
$39,914
-15%
2012
$18,519
—
$47,020
—
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 2101 S Lombard Ave
2101 S Lombard Avenue, Cicero, IL 60804 (MLS# 12791976) is a Commercial property. 2101 S Lombard Avenue is currently listed for $1,199,000 and was received on October 22, 2026. Want to learn more about 2101 S Lombard 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.

