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  • $575,000

    1928 S 48th Ct, Cicero, IL 60804

    8beds
    --sqft
    Multi Family
    Built in 1914
    -- sqft lot
    $577,900 Zestimate®
    $--/sqft
    $1,643 Estimated rent

    Home value

    $577,900

    $526,000 - $636,000

    $1,643/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jocelyn Hernandez 773-490-0013,

    Results Realty ERA Powered

    Bought with:

    Jose Andres Torres

    Realty of America, LLC

    Aaron Patlan Quinones

    Realty of America, LLC

    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
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/3/2026Sold$575,000+4.5%
    Source: MRED as distributed by MLS GRID #12694694 Report a problem
    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$11,558 +17.7%$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

    Neighborhood: 60804

    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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    Estimated market value
    $577,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $577,900