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    1841 S 61St Ct Cicero, IL 60804

    For Sale
    $529,900

    Residential Income - Cicero, IL

    Days on Market:
    29
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 1841 S 61St Ct

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    16203130160000
    Parking
    3

    Utilities

    Heating system
    Baseboard, Natural Gas

    Building Details

    Year built
    1961
    Roof type
    Flat
    Architectural style
    Other

    RE/MAX Legends (708) 655-5000 [email protected]

    Listing agent Edgardo Guerrero (630) 216-8000 License #475159071

    Listing date Nov 7, 2025

    MLS# 12509827 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cicero Income Property Opportunity

    Located in a desirable Cicero neighborhood, this all-brick 3-flat apartment building presents an excellent investment opportunity. The property is situated on an oversized lot along a tree-lined street. Each unit features a spacious layout with 3 bedrooms and 1 bath. Separate utilities allow tenants to pay for their own gas and electric. One of the units has been updated with laminate flooring and a remodeled bathroom featuring floor-to-ceiling tile, a standing shower, and modern fixtures. The building has a new stairway runner. A private, well-kept yard and a detached 3-car garage provide outdoor space, parking, and additional storage. All units include bright living spaces, combined living and dining rooms, and eat-in kitchens. The backyard is fully paved, and a secure gated fence enhances curb appeal and privacy. The property is currently fully occupied and generates steady income from both long- and short-term tenants. A basement laundry facility adds convenience for tenants. The property is located minutes from parks, schools, shopping, and public transportation. The area's ongoing growth and revitalization make this a promising investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.7772528
    Latitude
    41.8547708

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    FAQs

    What type of property is this?
    Triplex - Well-maintained 3-unit building in a desirable Cicero neighborhood.
    Where is this triplex located?
    The property is located at 1841 S 61St Ct Cicero, IL.
    What is the asking price?
    The asking price for this property is $529,900.
    What are key features of this property?
    This property features: - All-brick 3-flat apartment building in a desirable Cicero neighborhood, offering a turn-key investment opportunity.; - Each unit has separate utilities (tenant-paid gas and electric) for maximum efficiency.; - Second-floor unit is tastefully updated with laminate flooring and a fully remodeled bathroom.
    (630) 216-8000
    Request Owner's contact information
    1841 S 61St Ct Cicero, IL 60804
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    Cicero, IL 60804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1841 S 61St Ct Cicero, IL 60804
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