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Immaculate 2-Unit Residential Income
For Sale
$469,900

1414 South 58th Avenue, Cicero, IL 60804

Legal two-unit property with laundry hook-ups in each unit and newly updated major systems throughout.

Days on Market54

Property Features for 1414 South 58th Avenue

General Information

Standard status Active
Property subtype Two to Four Units / 2 Flat

Additional Details

Multifamily Units 2

Amenities

laundry hook ups

Building Details

Year Built 1917
Tenancy Multi
Listing Agency: Homes R Us Real Estate Service
Listed By: Rosalba Pasillas · License #471003990
Source: Compass
Added: Jun 7 Changed: Jul 22 Last Checked: Jul 28 at 2:03PM

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 Homes R Us Real Estate Service

Investment Insights

Based on property information with market context.

This legal 2-unit residential income property presents a turnkey setup with both units thoughtfully updated. The homes feature spacious living and dining areas, with the first floor offering 3 bedrooms and 1 bathroom. The second unit includes 3 bedrooms and 2 bathrooms.

The interior and mechanicals have been refreshed throughout, including new plumbing, new electrical, HVAC updates, and a new flooding system. Each unit also includes laundry hook-ups, supporting in-home laundry convenience. Exterior site improvements include a new parking pad and new sidewalks.

With the significant updates completed from the street to within the home, this duplex style configuration is ready to move in with minimal immediate work required.

Key Highlights

  • Legal 2‑unit property built in 1917 with separate living spaces for both units
  • All‑new major systems reported, including plumbing, electrical, HVAC, and a new flooding system
  • Laundry hook‑ups included in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture Carpet & Flooring Store Garden Center

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

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

848
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-unit property with laundry hook-ups in each unit and newly updated major systems throughout.
Where is this duplex located?
The property is located at 1414 South 58th Avenue Cicero, IL.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Legal 2‑unit property built in 1917 with separate living spaces for both units; All‑new major systems reported, including plumbing, electrical, HVAC, and a new flooding system; Laundry hook‑ups included in each unit
More about this property
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