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Property Description
Solid 2-unit investment property located in the heart of Cicero, just minutes from the high-traffic Cicero/Ogden shopping corridor. Offering approximately 2,000 sq ft, this well-maintained building presents a strong opportunity for buyers seeking rental income and long-term value. The property is in compliance with current city requirements, providing added confidence for ownership. Updates include remodeled interiors (2017/2018), updated windows, and solar panels installed in 2021 (leased), contributing to improved energy efficiency. Unit 1 features 2 bedrooms, 1 bathroom, a comfortable living room, and a functional kitchen, complemented by hardwood floors in great condition. Unit 2 is a duplex-up across the 2nd and 3rd floors, offering 2 bedrooms, 1 bathroom, a living room, dining area, and a spacious kitchen layout. Both units include appliances, separate laundry, and central heating systems (no A/C units). Additional highlights include a full basement ideal for storage, a fenced backyard, and a detached 2-car garage with a newer roof (2019). Great opportunity for investors or owner-occupants looking to generate rental income in a well-located area with consistent demand and future upside potential.
Full Property Details
Full Property Details for 5044 W 31st Pl
General
- Price: $365,000
- Taxes: $6,551 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12632177
- Updated: 4/30/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 5
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Cicero
- County: Cook
- Township: Cicero
- Driving Directions: Take 51st ST. south from 31st ST. Then go east on 31st PL. to home.
School Information
- School District: 99
- Elem School District: 99
- Midd School District: 99
- High School District: 101
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: A-Frame
- Architectural Style: A-Frame
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Partial
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1907
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1907
- Tax Amount: $6,551
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16332010240000
Listed by Realty of America, LLC
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Schools
Schools serving 5044 W 31st Pl
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 | 0.4 mi |
Columbus West Elementary School 5425 West 31st Street, Cicero, IL 60804 | PK-3 | 0.5 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- | 1.5 mi |
J Sterling Morton East High School 2423 South Austin Boulevard, Cicero, IL 60804 | 10-12 | 1.3 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 5044 W 31st Pl
Date
Details
Price
Change
Source
4/30/2026
Listed
$365,000
40.93%
MLS
3/03/2020
Sold
$259,000
—
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 5044 W 31st Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,321
24%
$21,999
88%
2022
$5,114
1%
$11,709
—
2021
$5,054
3%
$11,709
—
2020
$4,914
-17%
$11,709
-2%
2019
$5,939
3%
$11,993
—
2018
$5,782
44%
$11,993
—
2017
$4,005
-15%
$11,993
-1%
2016
$4,706
3%
$12,169
—
2015
$4,590
3%
$12,169
—
2014
$4,443
27%
$12,169
11%
2013
$3,493
2%
$10,985
—
2012
$3,411
—
$10,985
—
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 5044 W 31st Pl
5044 W 31st Place, Cicero, IL 60804 (MLS# 12632177) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 5044 W 31st Place is currently listed for $365,000 and was received on April 30, 2026. Want to learn more about 5044 W 31st Place? 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.

