Cash-Flow King in the Heart of Cicero! Unlock a turnkey investment opportunity. Situated on the vibrant 31st St corridor, this rock-solid 4-unit building is the "set it and forget it" addition your portfolio has been waiting for. This property is a high-performer, currently generating over $4,000 in monthly rental income with a track record of incredibly low vacancy. Unit Mix: (3) Spacious 2-Bedroom/1-Bath units & (1) Cozy 1-Bedroom/1-Bath unit. Stability: 100% occupied with reliable, high-quality tenants already in place. Bonus Assets: Includes a private yard for tenant enjoyment and a 2-car garage-a premium commodity that drives value and rentability. Location, Location, Location Your tenants will love the ultra-convenient lifestyle, and you'll love the long-term appreciation: only one block from Columbia West Elementary and a stone's throw from the green space at Goss Field. Commuter's Dream: Seconds away from Ogden Ave and Central Ave, with lightning-fast access to I-55. Whether they work in the city or the suburbs, the commute is a breeze.
Closed
$525,000
5529 W 31st St, Cicero, IL 60804
7beds
--sqft
Multi Family
Built in 1960
-- sqft lot
$530,100 Zestimate®
$--/sqft
$1,681 Estimated rent
Home value
$530,100
$482,000 - $583,000
$1,681/mo
Zestimate® history
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$1,681/mo
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$1,681/mo
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$3,703/mo
Est. payment
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$3,703/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Rick Trejo 708-386-1400,
Re/Max In The Village,
Leticia Ramos,
Re/Max In The Village
Bought with:
Rick Trejo
Re/Max In The Village
Leticia Ramos
Re/Max In The Village
Source: MRED as distributed by MLS GRID,MLS#: 12590695
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 4,625 sqft
- Dimensions: 37x125
Details
- Parcel number: 16331000240000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Community
- Community features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Cicero
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Sold | $525,000+5% |
Source:  MRED as distributed by MLS GRID #12590695 Report a problem | ||
| 3/18/2026 | Contingent | $499,999 |
Source: MRED as distributed by MLS GRID #12590695 Report a problem | ||
| 3/12/2026 | Listed for sale | $499,999+328.6% |
Source: MRED as distributed by MLS GRID #12590695 Report a problem | ||
| 5/9/1990 | Sold | $116,667 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $28,000 +0% |
| 2023 | $8,351 +42.6% | $27,999 +66.4% |
| 2022 | $5,856 +0.5% | $16,828 |
| 2021 | $5,826 +1.1% | $16,828 |
| 2020 | $5,760 -1.7% | $16,828 +10.2% |
| 2019 | $5,862 -17.1% | $15,267 -15.6% |
| 2018 | $7,069 +3.3% | $18,099 |
| 2017 | $6,842 +6.1% | $18,099 +14.9% |
| 2016 | $6,448 +2.2% | $15,750 |
| 2015 | $6,312 +3.5% | $15,750 |
| 2014 | $6,101 +27.8% | $15,750 +12.1% |
| 2013 | $4,773 +2.8% | $14,048 |
| 2012 | $4,641 -22.2% | $14,048 -18.3% |
| 2011 | $5,966 +2.7% | $17,198 -18% |
| 2010 | $5,810 +8.1% | $20,961 |
| 2009 | $5,374 +9.5% | $20,961 -15% |
| 2008 | $4,907 -5.7% | $24,661 |
| 2007 | $5,205 +6.8% | $24,661 |
| 2006 | $4,873 -1.2% | $24,661 |
| 2005 | $4,930 +1.6% | $24,661 +44.2% |
| 2004 | $4,854 -6.7% | $17,102 |
| 2003 | $5,205 +5.6% | $17,102 |
| 2002 | $4,931 +31.7% | $17,102 +18% |
| 2001 | $3,744 -5.2% | $14,493 |
| 2000 | $3,949 -1.4% | $14,493 |
| 1999 | $4,004 | $14,493 |
Find assessor info on the county website
Neighborhood: 60804
Nearby schools
GreatSchools rating
- 4/10Columbus West Elementary SchoolGrades: PK-3Distance: 0.1 mi
- 3/10Unity Jr High SchoolGrades: 7-8Distance: 1.2 mi
- 6/10J Sterling Morton East High SchoolGrades: 10-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Columbus West Elementary School
- 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
$530,100
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
$530,100
- Illinois
- Cook County
- Cicero
- 60804
- 5529 W 31st St
Nearby cities
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