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$659,000

  • For Sale
  • Active
  • Multi-Family
  • 11 Total Beds
  • 2 Car Garage
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Investment Property fully rented, turnkey. Averaging two thousand after mortgage. Great investment property, the rents will make the mortgage for you. Everything is brand new. This property is built like TWO SINGLE FAMILY HOMES with a rental unit. First floor unit is duplexed to the upstairs with 4 bedrooms 2 bathrooms. A brand new modern kitchen and 2 modern bathrooms. Second floor Rear is open concept duplexed with 4 bedrooms and 2 bathrooms a beautiful modern kitchen and 2 updated bathrooms. A master bedroom in the attic with a full bathroom. Plus a rental unit First floor rear rental unit with an open concept layout 3 bedrooms, a modern bathroom with ceramic tiles and granite vanity. A beautiful fully equipped kitchen white shaker cabinets, quartz countertops and stainless steel appliances. New Plumbing, New Electrical, New main waterline from street to building, New heating systems, New AC units, New ductwork throughout the building. New water heaters, All new drywall and framing, All new vinyl siding, Fully insulated. New rear porch, new rear concrete. This property was brought down to the studs and rebuilt.

Full Property Details for 2938 S 48th Ct

General

  • Price: $659,000
  • Taxes: $7,115 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12359829
  • Updated: 11/25/2025
  • Added to Site: 253 day(s) ago

Rental Information

  • Complex Features: Pool, Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Upper - Full Baths: 5

Bedrooms

  • Total Bedrooms: 11

Additional Information

  • Equipment: Multiple Water Heaters, Water Heater-Gas

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 6
  • Parking Features: Garage, Yes, Garage Owned, Detached, Off-Alley, Owned

Location

  • Area: Cicero
  • County: Cook
  • Township: Cicero
  • Driving Directions: Cicero to 29th Place, Park and walk north to address. Or 31st street to 49th Ave north to 30th street east to 48th court park walk to address

School Information

  • School District: 99
  • Elem School District: 99
  • Midd School District: 99
  • High School District: 99

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Colonial
  • Architectural Style: Colonial
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: None
  • Roof: Asphalt
  • Year Built: 1906
  • Built Before 1978: Yes
  • Remodeled/Updated: 2025

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Oversized Chicago Lot
  • Lot Dimensions: 25 x 174
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1906
  • Tax Amount: $7,115
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16284190390000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 2938 S 48th Ct —

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Schools serving 2938 S 48th Ct

School Districts:Cicero School District 99, J. Sterling Morton High School District 201
NameGradesDistance
Unity Jr High School, Cicero, IL
2115 South 54th Avenue, Cicero, IL 60804
7-81.1 mi
J Sterling Morton Freshman Center
1801 South 55th Avenue, Cicero, IL 60804
9-1.4 mi
J Sterling Morton East High School
2423 South Austin Boulevard, Cicero, IL 60804
10-121.5 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 2938 S 48th Ct Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/24/2025
Price Reduced
$659,000
-4.35%
MLS
5/08/2025
Listed
$689,000
272.43%
MLS
5/10/2024
Sold
$185,000
—
Public Record
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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 2938 S 48th Ct

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,115
28%
$26,999
43%
2022
$5,556
177%
$18,879
—
2021
$2,004
10%
$18,879
—
2020
$1,815
-23%
$18,879
12%
2019
$2,367
3%
$16,908
—
2018
$2,308
6%
$16,908
—
2017
$2,186
-37%
$16,908
24%
2016
$3,460
-4%
$13,683
—
2015
$3,592
6%
$13,683
—
2014
$3,386
8%
$13,683
14%
2013
$3,131
1%
$11,997
—
2012
$3,101
—
$11,997
—
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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2938 S 48th Court, Cicero, IL 60804 (MLS# 12359829) is a Multi-Family property with 3 units containing 11 bedrooms and 0 full bathrooms. 2938 S 48th Court is currently listed for $659,000 and was received on May 08, 2025. This property is listed by Irma Mejia from our La Grange Office.Want to learn more about 2938 S 48th 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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