Multi-Family $ 539,900

1337 S Austin BLVD

Cicero, IL 60804

  • 5 Beds
  • 2 Baths
  • 3,920 Lot Size
  • 1926 Year Built
TURNKEY CASH FLOW / HOUSE-HACK ON THE OAK PARK BORDER! High cash flow with zero deferred maintenance (the investor's dream). Massive, condo-quality 2-flat, stud-to-stud gut rehab (2024). This is the perfect owner-occupant model: the second floor is fully vacant and ready for you to move directly in, letting the first-floor tenant help chisel away your mortgage! BONES: Brand new copper plumbing, upgraded electric, energy windows, central HVAC, rubber roof, & new concrete. UNITS: 1,500+ sqft layouts, hardwood floors, electric fireplaces. Unit 1 (Tenant @ $2,350) is a 2B/1B (originally three bedroom configuration remodel to add additional communal space near kitchen and dining roomUnit 2 (Vacant) is a 3B/1B. Kitchens boast soft-close cabinets & new stainless steel. Spa baths have dual vanities & Bluetooth mirrors. Smart intercom & in-building laundry. VALUE-ADD: Huge basement spans the entire footprint, roughed-in for a bath. Potential to duplex-down or add a 3rd garden unit (buyer to verify zoning). LOCATION: Cicero/Oak Park border. Minutes to the Blue Line & I-290. A 2-car garage offers extra parking income. BOTTOM LINE: Separate meters and high rental demand. Rare high-yield 60804 asset!
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 12715920

    Bedrooms 5

    Year Built 1926

    Annual Tax Amount $10,700

    Tax Year 2024

    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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