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Two-Unit Duplex with Walk-Up Attic

1305 S 51st Avenue, Cicero, IL 60804

For Sale
$300,000

Hardwood floors, separate living and dining areas, and a full attic distinguish the building’s two residential units.

Property SizeContact for details
Days on Market149

Property Features for 1305 S 51st Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Property Condition

Severity Repairs Needed
Evidence requires repairs, updating, and deferred maintenance

Additional Details

Multifamily Units 2
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $7,385

Building Details

Year Built 1923
Listing Agency: Equidad Realty LTD
Listed By: Raul Serrato
Source: Wenzelselectproperties
Added: Jun 14 Changed: Nov 8 Last Checked: Nov 9 at 2:28PM

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 Equidad Realty LTD

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Investment Insights

Based on property information with market context.

Built in 1923, this duplex contains two units with hardwood floors, generous room sizes, and distinct living and dining areas. A full walk-up attic provides additional storage space. The property requires repairs and updating, with deferred maintenance throughout, and is offered in its current condition.

One unit is owner-occupied and the other is tenant-occupied, providing an existing rental component.

Key Highlights

  • Two‑unit duplex built in 1923
  • Full walk‑up attic for storage
  • Separate living and dining areas with hardwood floors

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

646
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 Duplexes 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?
Duplex - Hardwood floors, separate living and dining areas, and a full attic distinguish the building’s two residential units.
Where is this duplex located?
The property is located at 1305 S 51st Avenue Cicero, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1923; Full walk‑up attic for storage; Separate living and dining areas with hardwood floors
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