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4-Unit Brick Quadplex
For Sale
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1515 S 49TH Avenue, Cicero, IL 60804

Brick multifamily building with a rear parking pad, offered in as-is condition.

Property SizeContact for details
Days on Market131

Property Features for 1515 S 49TH Avenue

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence handyman special

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 4

Building Details

Buildings 1
Construction solid brick
Listing Agency: Second City Real Estate
Listed By: Melchor Domantay · License #IL 475187492
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 29 at 3:51PM

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 Second City Real Estate

Investment Insights

Based on property information with market context.

Located at 1515 S 49TH Avenue in Cicero, this four-unit brick building offers spacious layouts across each residence. The property is being sold as-is and requires renovation and updates, presenting a clear repositioning scope for an owner prepared to complete improvements.

A rear parking pad serves the property. The surrounding area includes nearby schools, shopping, public transportation, and major expressways, providing access to several everyday amenities and transportation options. The four-unit configuration and existing residential layouts establish the core structure for a multifamily renovation project.

Key Highlights

  • Four‑unit brick building at 1515 S 49TH Avenue, Cicero, IL 60804
  • Spacious layouts in each unit
  • Rear parking pad included

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Computer & Electronic Repair Acupuncture (Bike/Boat/Book/etc) Store

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

845
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Brick multifamily building with a rear parking pad, offered in as-is condition.
Where is this quadplex located?
The property is located at 1515 S 49TH Avenue Cicero, IL.
What are key features of this property?
This property features: Four‑unit brick building at 1515 S 49TH Avenue, Cicero, IL 60804; Spacious layouts in each unit; Rear parking pad included
(708) 979-0852 Call to check price and availability
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