Immediate income available! Legal 4 unit apartment building. Fully occupied with leases in place. There is an additional unit on the 3rd level that could be finished with a relatively modest investment to provide more monthly revenue. The seller spared no expense when renovating the property. All units were updated with new flooring, drywall, paint, lighting fixtures and bathroom features. The seller also added a new roof, updated the plumbing and electrical systems, and added new furnaces so each unit possesses its own thermostat. Each unit also has its own dedicated electric meter so heat and electricity can be billed individually by unit. There is nothing to do here but buy the property and begin earning monthly income. This is a great opportunity so schedule your showing today!
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Zillow last checked:
Listing updated:
Listed by:
William Folger847-909-2531,
Blue Fence Real Estate Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12596384
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4
Heating
Natural Gas, Forced Air
Features
Basement: Finished,Full
Property
Parking
Total spaces: 4
Parking features: Off Alley, Yes, Owned
Lot
Size: 1,267 Square Feet
Details
Additional parcels included: 16284250180000
Parcel number: 16284250350000
Special conditions: None
Other equipment: Ceiling Fan(s)
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick
Condition
New construction: No
Major remodel year: 2022
Utilities & green energy
Sewer: Public Sewer
Water: Lake Michigan
Community & HOA
Community
Security: Carbon Monoxide Detector(s)
Location
Region: Cicero
Financial & listing details
Tax assessed value: $13,440
Annual tax amount: $8,550
Date on market: 3/22/2026
Ownership: Fee Simple
Estimated market value
Zestimate®
$567,000
Estimated sales range
$539,000 - $595,000
Rent Zestimate®
$2,169/mo
Price history
Date
Event
Price
6/2/2026
Contingent
$585,000
Source: MRED as distributed by MLS GRID #12596384Report a problem
3/22/2026
Listed for sale
$585,000+77.3%
Source: MRED as distributed by MLS GRID #12596384Report a problem
7/2/2021
Sold
$330,000+1.5%
Source: MRED as distributed by MLS GRID #11038361Report a problem
5/8/2021
Contingent
$325,000
Source: MRED as distributed by MLS GRID #11038361Report a problem
4/28/2021
Listed for sale
$325,000
Source: MRED as distributed by MLS GRID #11038361Report a problem
4/10/2021
Contingent
$325,000
Source: MRED as distributed by MLS GRID #11038361Report a problem
3/31/2021
Listed for sale
$325,000
Source: MRED as distributed by MLS GRID #11038361Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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.