Building Details

Year Built 1912

Listing Agency: Wirtz Real Estate Group Inc

Listed By: Nick Nastos Show Phone

Source: Chicagospropertyshop

Added: Aug 14 Changed: Oct 15 Last Checked: Oct 16 at 9:21AM

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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 Wirtz Real Estate Group Inc

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Investment Insights

Based on property information with market context.

This multifamily property is located at 1318 S 61st Ave in Cicero, Illinois. Constructed in 1912, the building is identified as a multifamily asset within a residential income property classification.

Key Highlights

• Multifamily property at 1318 S 61st Ave, Cicero, IL 60804
• Built in 1912

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Garden Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

848

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily asset in Cicero with a 1912 construction date.

Where is this multifamily property located?

The property is located at 1318 S 61st Ave Cicero, IL.

What is the asking price?

The asking price for this property is $530,000.

What are key features of this property?

This property features: Multifamily property at 1318 S 61st Ave, Cicero, IL 60804; Built in 1912