Don't miss this great investment opportunity! This cash-flowing legal 4-unit brick building is near public transportation and I290. With a unique layout not commonly found in multi-units, this massive building boasts two 4 bed 2 bath units and two 3 bed 1 bath units. All four of these spacious apartments are appointed with hardwood floors throughout and include significant closet space, which is great for attracting tenants. Forced air heat in all units means tenants pay their own utilities, and 2 brand-new furnaces have just been installed. There are 4 parking spaces in the back with a private access driveway. All units are currently occupied with three of the units on month-to-month leases. Ideal for your first House Hack or for an investor looking for a valuable addition to your portfolio.
Closed
$490,000
1247 S 50th Ct, Cicero, IL 60804
14beds
--sqft
Multi Family
Built in 1926
-- sqft lot
$590,900 Zestimate®
$--/sqft
$1,659 Estimated rent
Home value
$590,900
$550,000 - $638,000
$1,659/mo
Zestimate® history
Owner options
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$3,506/mo
Est. payment
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$3,506/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Sarita Scherpereel 773-456-4644,
Kale Realty
Bought with:
Stefanie D'Agostino
Redfin Corporation
Source: MRED as distributed by MLS GRID,MLS#: 11910468
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: Driveway, On Site, Owned
- Has uncovered spaces: Yes
Lot
- Size: 4,506 Square Feet
Details
- Parcel number: 16212030440000
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
Location
- Region: Cicero
Financial & listing details
- Tax assessed value: $348,740
- Annual tax amount: $15,345
- Date on market: 10/30/2023
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/6/2023 | Sold | $490,000-1.8% |
Source:  MRED as distributed by MLS GRID #11910468 Report a problem | ||
| 10/26/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11910468 Report a problem | ||
| 10/17/2023 | Listed for sale | $499,000+12.9% |
Source: MRED as distributed by MLS GRID #11910468 Report a problem | ||
| 1/14/2021 | Sold | $441,800+5.2% |
Source: MRED as distributed by MLS GRID #10934534 Report a problem | ||
| 1/6/2021 | Contingent | $420,000 |
Source:  MRED as distributed by MLS GRID #10934534 Report a problem | ||
| 11/26/2020 | Pending sale | $420,000 |
Source: Chicagoland Brokers Inc. #10934534 Report a problem | ||
| 11/16/2020 | Listed for sale | $420,000+12% |
Source: Chicagoland Brokers Inc. #10934534 Report a problem | ||
| 11/19/2019 | Sold | $375,000+166% |
Source: Public Record Report a problem | ||
| 10/4/2016 | Sold | $141,000-38.7% |
Source: Agent Provided Report a problem | ||
| 10/29/2003 | Sold | $230,000+283.3% |
Source: Public Record Report a problem | ||
| 7/21/1994 | Sold | $60,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $34,874 -17% |
| 2023 | $14,209 -8.5% | $41,999 +18.1% |
| 2022 | $15,526 +1.2% | $35,550 |
| 2021 | $15,346 +2.9% | $35,550 |
| 2020 | $14,920 +12.7% | $35,550 +31% |
| 2019 | $13,242 +2.6% | $27,143 |
| 2018 | $12,903 +3.9% | $27,143 |
| 2017 | $12,420 +65.9% | $27,143 +73.9% |
| 2016 | $7,488 +21.7% | $15,604 |
| 2015 | $6,155 -7.9% | $15,604 -9.2% |
| 2014 | $6,681 -10% | $17,187 -16.6% |
| 2013 | $7,427 +4.1% | $20,603 |
| 2012 | $7,132 -8% | $20,603 -6.2% |
| 2011 | $7,750 -5.6% | $21,965 -30.2% |
| 2010 | $8,206 -11.5% | $31,475 -13% |
| 2009 | $9,268 +4.9% | $36,175 -15% |
| 2008 | $8,837 +56.9% | $42,559 +61.7% |
| 2007 | $5,633 +6.6% | $26,318 |
| 2006 | $5,283 -0.5% | $26,318 |
| 2005 | $5,309 -9.2% | $26,318 +41.8% |
| 2004 | $5,847 +5% | $18,561 |
| 2003 | $5,567 +5.8% | $18,561 |
| 2002 | $5,259 +4.9% | $18,561 +10% |
| 2001 | $5,015 +10.4% | $16,879 |
| 2000 | $4,544 -2.8% | $16,879 |
| 1999 | $4,674 | $16,879 |
Find assessor info on the county website
Neighborhood: 60804
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Nearby schools
GreatSchools rating
- 5/10Liberty Elementary SchoolGrades: PK-3Distance: 0.1 mi
- NAJ Sterling Morton Freshman CenterGrades: 9Distance: 0.7 mi
- 3/10T Roosevelt Elementary SchoolGrades: 3-6Distance: 0.3 mi
Schools provided by the listing agent
- District: 99
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$590,900
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Estimated market value
$590,900
- Illinois
- Cook County
- Cicero
- 60804
- 1247 S 50th Ct
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