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$525,000
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Property Description
Cash-Flow King in the Heart of Cicero! Unlock a turnkey investment opportunity. Situated on the vibrant 31st St corridor, this rock-solid 4-unit building is the "set it and forget it" addition your portfolio has been waiting for. This property is a high-performer, currently generating over $4,000 in monthly rental income with a track record of incredibly low vacancy. Unit Mix: (3) Spacious 2-Bedroom/1-Bath units & (1) Cozy 1-Bedroom/1-Bath unit. Stability: 100% occupied with reliable, high-quality tenants already in place. Bonus Assets: Includes a private yard for tenant enjoyment and a 2-car garage-a premium commodity that drives value and rentability. Location, Location, Location Your tenants will love the ultra-convenient lifestyle, and you'll love the long-term appreciation: only one block from Columbia West Elementary and a stone's throw from the green space at Goss Field. Commuter's Dream: Seconds away from Ogden Ave and Central Ave, with lightning-fast access to I-55. Whether they work in the city or the suburbs, the commute is a breeze.
Full Property Details
Full Property Details for 5529 W 31st St
General
- Sold For: $525,000
- Taxes: $8,652 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12590695
- Added to Site: 49 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Additional Information
- Other Features: School Bus Service, Commuter Bus
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Cicero
- County: Cook
- Driving Directions: north on central ave to 31st st east on 31st st to the property
School Information
- School District: 99
- Midd School District: 99
- Elementary School: Columbus West Elementary School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1960
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 37 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1960
- Tax Amount: $8,652.01
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16331000240000
Listed and Sold by Re/Max In The Village
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Schools
Schools serving 5529 W 31st St
School Districts:Cicero School District 99, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Columbus West Elementary School 5425 West 31st Street, Cicero, IL 60804 | PK-3 | 0.1 mi |
Columbus East Elementary School 3100 South 54th Avenue, Cicero, IL 60804 | 4-6 | 0.2 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- | 1.4 mi |
J Sterling Morton East High School 2423 South Austin Boulevard, Cicero, IL 60804 | 10-12 | 0.9 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 5529 W 31st St
Date
Details
Price
Change
Source
4/24/2026
Sold
$525,000
5%
MLS
3/12/2026
Listed
$499,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5529 W 31st Street, Cicero, IL 60804 (MLS# 12590695) is a Multi-Family property that was sold at $525,000 on April 24, 2026. Want to learn more about 5529 W 31st 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.

