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Contingent
  • $550,000

    1928 S 48th Ct, Cicero, IL 60804

    8beds
    --sqft
    : 
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    Multi Family
    Built in 1914
    -- sqft lot
    $554,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Contemporary fixturesBrick two-unit buildingHigh ceilingsUpdated bathroomsAbundant natural lightOversized islandsAdditional parking pad
    Exceptional investment opportunity in Cicero! Whether you're looking to expand your portfolio or house hack your way into real estate investing, this impressive brick two-unit building offers the flexibility, space, and income potential to fit a variety of buyers' needs. Current tenants are willing to vacate at closing, providing the opportunity to immediately occupy a unit, make any personal updates, or lease at market rents to maximize cash flow. The first-floor unit features 4 generously sized bedrooms, a spacious living room, a formal dining room, 2 full baths, and a dedicated laundry area. The second-floor unit offers 4 large bedrooms, including a private primary suite, along with a bright living room, formal dining room, full bath, and in-unit laundry. High ceilings, large room sizes, and abundant natural light create an inviting atmosphere throughout the building. The finished walkout basement expands the possibilities even further with open space and a full bath, offering excellent flexibility for extended family living, recreation space, storage, or additional income-producing potential where permitted. Extensively updated, the property showcases modern kitchens with quartz countertops, stainless steel appliances, double ovens, oversized islands, and contemporary fixtures. Additional improvements include updated bathrooms, newer windows and doors, upgraded insulation, plumbing, electrical service, and high-efficiency HVAC systems. Outside, you'll find a 2.5-car garage and an additional parking pad, providing ample off-street parking. Separate gas and electrical utilities make management convenient for investors and owner-occupants alike. Conveniently located near shopping, dining, schools, public transportation, and major expressways, this turn-key multi-unit building presents a rare opportunity to generate strong rental income, build equity through owner occupancy, or add a high-performing asset to your investment portfolio. Please note: The property is currently occupied. Listing photos have been AI-enhanced and virtually decluttered to better showcase the space and potential layout.
    16 days
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    93
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jocelyn Hernandez 773-490-0013,

    Results Realty ERA Powered

    Source: MRED as distributed by MLS GRID,MLS#: 12694694MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 3
      • Full bathrooms: 4
      Heating
      • Natural Gas
      Features
      • Basement: Finished,Full

      Property

      Parking
      • Total spaces: 2
      • Parking features: Yes, Garage Owned, Detached, Garage
      • Garage spaces: 2
      Lot
      • Size: 2,960 Square Feet
      • Dimensions: 37X80
      Details
      • Parcel number: 16214220350000
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1914
      • Major remodel year: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      Location
      • Region: Cicero

      Financial & listing details

      • Tax assessed value: $330,000
      • Annual tax amount: $11,557
      • Date on market: 7/3/2026
      • Ownership: Fee Simple

        Estimated market value

        $554,700

        $527,000 - $582,000

        $1,290/mo

        Price history

        DateEventPrice
        7/6/2026Contingent$550,000
        Source: MRED as distributed by MLS GRID #12694694 Report a problem
        7/3/2026Listed for sale$550,000
        Source: MRED as distributed by MLS GRID #12694694 Report a problem
        7/3/2026Listing removed$550,000
        Source: MRED as distributed by MLS GRID #12684025 Report a problem
        6/21/2026Listed for sale$550,000+10%
        Source: MRED as distributed by MLS GRID #12684025 Report a problem
        3/14/2024Sold$500,000-3.7%
        Source: MRED as distributed by MLS GRID #11927493 Report a problem
        1/10/2024Pending sale$519,000
        Source: MRED as distributed by MLS GRID #11927493 Report a problem
        12/14/2023Price change$519,000-3.7%
        Source: MRED as distributed by MLS GRID #11927493 Report a problem
        11/20/2023Price change$539,000-1.8%
        Source: MRED as distributed by MLS GRID #11927493 Report a problem
        11/9/2023Listed for sale$549,000-1.8%
        Source: MRED as distributed by MLS GRID #11927493 Report a problem
        11/9/2023Listing removed--
        Source: MRED as distributed by MLS GRID #11891828 Report a problem
        9/22/2023Listed for sale$559,000+194.2%
        Source: MRED as distributed by MLS GRID #11891828 Report a problem
        6/21/2023Sold$190,000+31%
        Source: Public Record Report a problem
        2/2/2001Sold$145,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $33,000
        2023$9,818 +37.8%$33,000 +61.6%
        2022$7,126 +0.5%$20,420
        2021$7,090 +1.2%$20,420
        2020$7,008 +36.3%$20,420 +39.3%
        2019$5,143 +2.7%$14,656
        2018$5,007 -3%$14,656
        2017$5,162 +4.5%$14,656 +14.6%
        2016$4,940 +2.5%$12,791
        2015$4,822 -16.7%$12,791 -16.1%
        2014$5,790 +7%$15,238 -3.1%
        2013$5,410 +3.8%$15,721
        2012$5,209 -2.2%$15,721
        2011$5,324 -4.8%$15,721 -24.8%
        2010$5,592 +8.3%$20,893
        2009$5,161 +9.7%$20,893 -15%
        2008$4,705 -13.7%$24,580 -4.3%
        2007$5,449 +6.7%$25,690
        2006$5,108 -28.9%$25,690
        2005$7,180 +54.2%$25,690 +53.6%
        2004$4,658 -7.2%$16,727
        2003$5,017 +5.8%$16,727
        2002$4,740 +37.3%$16,727 +22.6%
        2001$3,453 +10.1%$13,647
        2000$3,136 -2.4%$13,647
        1999$3,212 $13,647
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 60804

        Getting around

        87 / 100
        Very Walkable
        66 / 100
        Good Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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