3101 S 49th Ave

Cicero, IL 60804
  • $797,000

    Price
  • 9

    Bed
  • 5

    Bath

About the Listing 86622 - 1006988

Explore this mixed-use investment opportunity in Cicero, offering multiple sources of rental income in one property. The building includes four apartments, an operating first-floor cafe, and a three-car garage, all currently rented. The residential portion features a mix of one-bedroom, one-bedroom-plus-flex, and two-bedroom apartments. That variety gives the property appeal to tenants with different space needs, while the first-floor cafe adds a commercial component to the income mix. The rented three-car garage provides an additional source of revenue beyond the residential and cafe leases. Situated near Cicero Avenue, the property offers access to I-55 and Midway International Airport, connecting tenants and customers to the surrounding area and the broader Chicago market. For an investor looking to acquire a property with an existing tenant base and several income sources, this Cicero building is an opportunity to take a closer look.

Listing Highlights for 3101 S 49th Ave

Status Active
Days on Site 19
Property Type Multi-Family
MLS ® 12768562
Year Built 1908
Lot/Acreage 6,525 Sqft
County Cook
School District 99

Interior Details

  • Bedrooms: 9
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Basement: Partially Finished,Partial
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Lot Dimensions: 6,525 Sqft
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Detached,Garage

Financial Details

  • Tax Amount: $13,058
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16332080010000
  • Tax Year: 2023

Payment Calculator

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Listing Location

Questions About..

3101 S 49th Ave Cicero, IL 60804

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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