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Brick Multifamily Property

1232 S 51st Avenue, Cicero, IL 60804

For Sale
$540,000

Every unit has three bedrooms, with refreshed kitchens and bathrooms.

Property SizeContact for details
Days on Market86

Property Features for 1232 S 51st Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $9,472

Building Details

Year Built 1925
Construction brick
Listing Agency: Eden Properties Real Estate Group LLC
Listed By: Jennifer Salgado · License #475194955
Source: Bradlippitz
Added: Aug 16 Changed: Nov 8 Last Checked: Nov 8 at 2:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eden Properties Real Estate Group LLC

Rey
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Investment Insights

Based on property information with market context.

This brick multifamily property was built in 1925 and has undergone a full renovation. Each unit includes three bedrooms, updated flooring, fresh paint, and contemporary fixtures. Kitchens have new cabinetry, countertops, and appliances, while the bathrooms feature updated finishes.

The property is in Cicero, near shopping, dining, schools, and public transportation.

Key Highlights

  • Three bedrooms in each unit
  • Brick multifamily property built in 1925
  • Renovated kitchens with new cabinetry, countertops, and appliances

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

762
Businesses Nearby

Demographics for 60804, IL

85,673
Population
26,738
Households
3.2
Avg Household Size
32
Median Age
11%
College-Educated
68%
High-School Grad
7.1 sq mi
ZIP Area
12,067
Density / Sq Mi
$68,548
Median Household Income
$36,786
Median Earnings
$1,121
Median Rent
$236,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Multifamily properties in Cicero

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Every unit has three bedrooms, with refreshed kitchens and bathrooms.
Where is this multifamily property located?
The property is located at 1232 S 51st Avenue Cicero, IL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Three bedrooms in each unit; Brick multifamily property built in 1925; Renovated kitchens with new cabinetry, countertops, and appliances
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