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$340,000
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Property Description
Excellent investment opportunity with strong income potential! This well-maintained two-flat offers a versatile layout ideal for owner-occupants or savvy investors. The first-floor unit features a comfortable one-bedroom, one-bath floor plan highlighted by a formal dining room, perfect for everyday living and entertaining. The second unit is truly expansive, offering two full levels of living space with 3/4 generously sized bedrooms, providing flexibility for larger households, work-from-home needs, or premium rental income. Adding to the appeal is a detached 4 car garage that generates additional rental income of $200/month, boosting overall cash flow. Ideally located near shopping, public transportation, and major expressways, this property offers convenience and accessibility that tenants love. A solid, income-producing property with space, flexibility, and upside-don't miss this opportunity!
Full Property Details
Full Property Details for 4816 W 24th St
General
- Price: $340,000
- Taxes: $9,654 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12502136
- Updated: 1/28/2026
- Added to Site: 64 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: Commuter Bus, Commuter Train
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Cicero
- County: Cook
- Township: Cicero
- Driving Directions: CICERO TO 24TH STREET-WEST TO PROPERTY
School Information
- School District: 99
- Elem School District: 99
- Midd School District: 99
- High School District: 99
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Year Built: 1904
- Built Before 1978: Yes
- Remodeled/Updated: 2014
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 125
- Zoning: OTHER
Financial Considerations
- Insurance Fee: $3,717
- Assessment Year: 1904
- Tax Amount: $9,654
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16282140290000
Listed by Wirtz Real Estate Group Inc.
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Schools
Schools serving 4816 W 24th St
School Districts:Cicero School District 99, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Cicero West Elementary School 4937 West 23rd Street, Cicero, IL 60804 | PK-3 | 0.2 mi |
Cicero East Elementary School 3003 50th Court, Cicero, IL 60804 | 4-6 | 0.7 mi |
Unity Jr High School, Cicero, IL 2115 South 54th Avenue, Cicero, IL 60804 | 7-8 | 0.7 mi |
J Sterling Morton Freshman Center 1801 South 55th Avenue, Cicero, IL 60804 | 9- | 1 mi |
J Sterling Morton East High School 2423 South Austin Boulevard, Cicero, IL 60804 | 10-12 | 1.4 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 4816 W 24th St
Date
Details
Price
Change
Source
1/22/2026
Listed
$340,000
225.36%
MLS
5/29/2014
Sold
$104,500
—
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 4816 W 24th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,119
11%
$23,999
43%
2022
$7,341
1%
$16,809
—
2021
$7,256
3%
$16,809
—
2020
$7,054
3%
$16,809
19%
2019
$6,865
3%
$14,071
—
2018
$6,689
4%
$14,071
—
2017
$6,439
16%
$14,071
22%
2016
$5,535
1%
$11,534
—
2015
$5,469
33%
$11,534
—
2014
$4,097
19%
$11,534
5%
2013
$3,438
3%
$10,950
—
2012
$3,330
—
$10,950
—
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 4816 W 24th St
4816 W 24th Street, Cicero, IL 60804 (MLS# 12502136) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 4816 W 24th Street is currently listed for $340,000 and was received on January 22, 2026. Want to learn more about 4816 W 24th Street? 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.

