Multi-Family $ 0

1337 S Austin BLVD

Cicero, IL 60804

  • 5 Beds
  • 2 Baths
  • 3,920 Lot Size
  • 1926 Year Built
Want $56,000+ of annual cash flow without the headache of replacing electric and plumbing to get there? Welcome to 1337 S Austin, a MASSIVE, condoquality 2flat on the Cicero/Oak Park border, just minutes from Berwyn, Oak Park, and the Blue Line. This is a true, fully permitted gut rehab: allnew plumbing, electrical, windows, appliances, fixtures, cabinetry, and concrete work inside and out. Each unit offers over 1,500 sq ft with gleaming hardwood floors, designer lighting, an elegant electric fireplace, oversized bedrooms with great closets, and separate living, dining, and family/media rooms-perfect for entertaining or working from home. Kitchens are showpieces with premium cabinetry, breakfast nooks, and brandnew appliance packages. Spastyle baths feature dual vanities, fogfree Bluetooth mirrors, and sleek modern finishes. Smart features include a twoway audio/video intercom, inunit laundry (exclusive washer/dryer in the basement), and highefficiency central HVAC. Both units are currently rented at $2,350/month (tenants pay all utilities except water), generating approximately $56,400 in annual income and a solid cap rate at list price, with room to push rents higher. The lower level already has bathroom plumbing/fixtures and wideopen space-offering excellent potential for a future third incomeproducing unit or extended living (buyer to verify zoning/permitting). Outside, enjoy a newly poured concrete patio and walkways, plus a garage space with wallmounted storage and easy street parking. Turnkey, highincome opportunity for investors or owneroccupants looking for a lowm
Listed by DeMarcus Hunter of Compass

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Two to Four Units

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID 12521081

    Bedrooms 5

    Year Built 1926

    Annual Tax Amount $9,811

    Tax Year 2023

    Lot Size 3,920 Sqft

    Lot Dimensions 4092 square feet

    Property Sub-Type Two to Four Units

  • Location

    State IL

    County Cook

    Area Cicero

    Zoning MULTI

  • Rooms

    Basement Unfinished, Full

  • Building

    Dwelling Type Two to Four Units

    Building Description Brick, No

    Sewer Public Sewer

    Water Lake Michigan

    Structure Type Brick

    New Construction false

  • Interior

    Heating Natural Gas

    Fireplace N

  • Exterior

    Garage Spaces 2.0

    Roof Type Rubber

  • Schools

    School District 99 , 99, 201

  • Others

    Ownership Fee Simple

    Special Listing Condition List Broker Must Accompany

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