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$797,000 Just Listed
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Property Description
Explore this mixed-use investment opportunity in Cicero, offering multiple sources of rental income in one property. The building includes four apartments, an operating first-floor cafe, and a three-car garage, all currently rented. The residential portion features a mix of one-bedroom, one-bedroom-plus-flex, and two-bedroom apartments. That variety gives the property appeal to tenants with different space needs, while the first-floor cafe adds a commercial component to the income mix. The rented three-car garage provides an additional source of revenue beyond the residential and cafe leases. Situated near Cicero Avenue, the property offers access to I-55 and Midway International Airport, connecting tenants and customers to the surrounding area and the broader Chicago market. For an investor looking to acquire a property with an existing tenant base and several income sources, this Cicero building is an opportunity to take a closer look.
Full Property Details
Full Property Details for 3101 S 49th Ave
General
- Price: $797,000
- Taxes: $13,058 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12768562
- Updated: 9/25/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 5
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 9
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Yes, Detached, Garage
Location
- Area: Cicero
- County: Cook
- Township: Cicero
- Driving Directions: Cicero & 32nd to 49th to building.
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
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Partially Finished, Partial
- Year Built: 1908
- Built Before 1978: Yes
- Remodeled/Updated: 2013
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 6, 525 Sqft
Financial Considerations
- Assessment Year: 1908
- Tax Amount: $13,058
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 16332080010000
Listed by Real Broker LLC
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Schools
Schools serving 3101 S 49th Ave
School Districts:Cicero School District 99, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Columbus East Elementary School 3100 South 54th Avenue, Cicero, IL 60804 | 4-6 | 0.6 mi |
Columbus West Elementary School 5425 West 31st Street, Cicero, IL 60804 | PK-3 | 0.7 mi |
Unity Jr High School, Cicero, IL 2115 South 54th Avenue, Cicero, IL 60804 | 7-8 | 1.2 mi |
J Sterling Morton Freshman Center 1801 South 55th Avenue, Cicero, IL 60804 | 9- | 1.6 mi |
J Sterling Morton East High School 2423 South Austin Boulevard, Cicero, IL 60804 | 10-12 | 1.5 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 3101 S 49th Ave
Date
Details
Price
Change
Source
9/24/2026
Listed
$797,000
800.56%
MLS
5/14/2013
Sold
$88,500
—
Public Record
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 3101 S 49th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,058
—
$38,600
—
2023
$13,058
-22%
$38,599
—
2022
$16,830
1%
$38,535
—
2021
$16,634
3%
$38,535
—
2020
$16,173
-5%
$38,535
12%
2019
$17,074
3%
$34,481
—
2018
$16,623
15%
$34,481
—
2017
$14,455
48%
$34,481
72%
2016
$9,758
1%
$20,056
—
2015
$9,643
4%
$20,056
—
2014
$9,283
18%
$20,056
-7%
2013
$7,884
3%
$21,490
—
2012
$7,630
—
$21,490
—
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 3101 S 49th Ave
3101 S 49th Avenue, Cicero, IL 60804 (MLS# 12768562) is a Multi-Family property with 4 units containing 9 bedrooms and 0 full bathrooms. 3101 S 49th Avenue is currently listed for $797,000 and was received on September 24, 2026. Want to learn more about 3101 S 49th 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.

