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$520,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 2 Car Garage
  • Updated 9 hours ago
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Rare, fully occupied 3-unit investment opportunity generating rental income. This well-maintained property is ideal for investors seeking stable cash flow with minimal maintenance. The building features a desirable unit mix, including two 2-bedroom + office units and a recently remodeled garden unit with updated flooring, cabinetry, and appliances. Significant recent capital improvements include a newer roof (approx. 3 years), updated windows, gutters, and a proactive sewer line clean-out, providing peace of mind for years to come. Additional highlights include a new garage door, side fencing, and an added rear parking space. Located in a high-demand rental area just steps from the Pink Line and a local high school, ensuring consistent tenant demand and low vacancy. A turnkey, income-producing asset ready to perform from day one.

Full Property Details for 2231 S 58th Ct

General

  • Price: $520,000
  • Taxes: $9,806 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12602903
  • Updated: 3/29/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Complex Features: Park, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Finished, S

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Other Features: School Bus Service, Commuter Bus

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 3
  • Parking Features: No Garage, Yes, Garage Owned, Detached, Off-Alley, Garage

Location

  • Area: Cicero
  • County: Cook
  • Township: Cicero
  • Driving Directions: Cermak to 58th Ct, South to 2133

School Information

  • School District: 99
  • Elem School District: 99
  • Midd School District: 99
  • High School District: 201
  • Middle School: Unity East School
  • High School: J Sterling Morton East High Scho
  • Private School: J Sterling Morton East High Scho

Heating & Cooling

  • Heating Type: Natural Gas, Steam

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Storage Space, Full
  • Year Built: 1916
  • Built Before 1978: Yes
  • Remodeled/Updated: 2025

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 4284

Financial Considerations

  • Assessment Year: 1916
  • Tax Amount: $9,806.68
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16292030110000

Listed by Midwest SignatureProperties Co

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Listing agent

— 2231 S 58th Ct —

  • Midwest SignatureProperties Co

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 2231 S 58th Ct

School Districts:Cicero School District 99, J. Sterling Morton High School District 201
NameGradesDistance
Woodrow Wilson Elementary School, Cicero, IL
2310 South 57th Avenue, Cicero, IL 60804
3-60.2 mi
Unity Jr High School, Cicero, IL
2115 South 54th Avenue, Cicero, IL 60804
7-80.7 mi
J Sterling Morton Freshman Center
1801 South 55th Avenue, Cicero, IL 60804
9-0.7 mi
J Sterling Morton East High School
2423 South Austin Boulevard, Cicero, IL 60804
10-120.3 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 2231 S 58th Ct Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/27/2026
Listed
$520,000
15.56%
MLS
2/26/2025
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
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 for 2231 S 58th Ct

Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,472
5%
$27,999
35%
2022
$9,045
1%
$20,710
—
2021
$8,940
3%
$20,710
—
2020
$8,692
6%
$20,710
23%
2019
$8,196
3%
$16,800
—
2018
$7,986
1%
$16,800
-3%
2017
$7,888
10%
$17,238
15%
2016
$7,176
1%
$14,954
—
2015
$7,091
4%
$14,954
—
2014
$6,834
-1%
$14,954
-11%
2013
$6,938
5%
$16,790
—
2012
$6,613
—
$16,790
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Midwest SignatureProperties Co

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2231 S 58th Court, Cicero, IL 60804 (MLS# 12602903) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 2231 S 58th Court is currently listed for $520,000 and was received on March 27, 2026. Want to learn more about 2231 S 58th 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.

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