Rare opportunity to own a one-story, all-brick three-unit building with an attached two-car garage and a spacious basement. This solid, well-built property offers exceptional functionality and long-term value. Each unit benefits from numerous tasteful updates throughout, providing comfortable living spaces that tenants appreciate. The building is currently occupied by long-time, month-to-month tenants, offering immediate income with flexibility for future repositioning or value-add potential. The attached two-car garage generates additional rental income of $200/month, further enhancing cash flow. A huge full basement adds tremendous upside-ideal for storage, mechanicals, or future possibilities depending on buyer vision. With its durable all-brick construction, strong rental history, and multiple income streams, this is a standout multifamily investment that rarely becomes available.
Active
Price cut: $20K (8/1)
$405,000
1801 S Lombard Ave, Cicero, IL 60804
6beds
--sqft
Multi Family
Built in 1923
-- sqft lot
$400,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 33 days
- 465
- 24
Zillow last checked:
Listing updated:
Listed by:
Kim Wirtz, ABR,CRS,e-PRO 708-516-3050,
Wirtz Real Estate Group Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12721577
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Steam, Radiator(s)
Features
- Basement: Unfinished,Exterior Entry,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Yes, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 3,983 Square Feet
- Dimensions: 33 X 120.7
- Features: Corner Lot
Details
- Parcel number: 16203120010000
- Zoning: MULTI
- Special conditions: Home Warranty
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- New construction: No
- Year built: 1923
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Cicero
Financial & listing details
- Tax assessed value: $260,000
- Annual tax amount: $8,560
- Date on market: 8/1/2026
- Ownership: Fee Simple
Estimated market value
$400,700
$381,000 - $421,000
$2,334/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Price change | $405,000-4.7% |
Source:  MRED as distributed by MLS GRID #12721577 Report a problem | ||
| 6/9/2026 | Price change | $425,000-5.5% |
Source: MRED as distributed by MLS GRID #12502131 Report a problem | ||
| 4/28/2026 | Price change | $449,900-7.2% |
Source: MRED as distributed by MLS GRID #12502131 Report a problem | ||
| 1/23/2026 | Listed for sale | $485,000+663.8% |
Source: MRED as distributed by MLS GRID #12502131 Report a problem | ||
| 9/24/2014 | Sold | $63,500-81.9% |
Source: Public Record Report a problem | ||
| 5/17/2008 | Listing removed | $350,000 |
Source: Coldwell Banker** #06810500 Report a problem | ||
| 3/20/2008 | Listed for sale | $350,000 |
Source: Coldwell Banker** #06810500 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,560 -2.7% | $26,000 +0% |
| 2023 | $8,796 +17.5% | $25,999 +51.7% |
| 2022 | $7,485 +1.2% | $17,138 |
| 2021 | $7,398 +2.9% | $17,138 |
| 2020 | $7,193 +10.8% | $17,138 +28.8% |
| 2019 | $6,492 +2.6% | $13,307 |
| 2018 | $6,326 -6.5% | $13,307 -10% |
| 2017 | $6,766 +21.9% | $14,785 +27.9% |
| 2016 | $5,549 +1.2% | $11,564 |
| 2015 | $5,484 +33.4% | $11,564 |
| 2014 | $4,111 +14.9% | $11,564 +2.5% |
| 2013 | $3,577 -22.6% | $11,287 -20.7% |
| 2012 | $4,625 -2.6% | $14,237 |
| 2011 | $4,747 -8.9% | $14,237 -35.9% |
| 2010 | $5,209 +10.5% | $22,194 |
| 2009 | $4,715 +11.7% | $22,194 -15% |
| 2008 | $4,220 +2.2% | $26,111 +24.8% |
| 2007 | $4,128 +6.6% | $20,921 |
| 2006 | $3,872 +1.9% | $20,921 |
| 2005 | $3,801 +10.6% | $20,921 +42.5% |
| 2004 | $3,437 -21.9% | $14,679 |
| 2003 | $4,403 +5.8% | $14,679 |
| 2002 | $4,159 +15.4% | $14,679 +21% |
| 2001 | $3,603 +10.4% | $12,128 |
| 2000 | $3,265 -6.8% | $12,128 |
| 1999 | $3,504 | $12,128 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 60804
Nearby schools
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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