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Two-Unit Multifamily Property
For Sale
$399,000

1528 S 50th Avenue, Cicero, IL 60804

Well-maintained two-flat with spacious layouts, separate utilities, attic storage, basement space, and a two-car garage.

Property SizeContact for details
Days on Market15

Property Features for 1528 S 50th Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,215

Amenities

central air conditioning
walk-up attic
partially finished basement

Building Details

Year Built 1923
Buildings 1
Listing Agency: Chicagoland Realty Group
Listed By: Ruben Rodriguez
Source: Dawnmckennagroup
Added: Aug 20 Changed: Sep 2 Last Checked: Sep 2 at 9:18PM

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 Chicagoland Realty Group

Investment Insights

Based on property information with market context.

This two-unit multifamily property was built in 1923 and offers matching layouts across both residences. Each unit includes a living room, formal dining room, three bedrooms, a large kitchen, and pantry space. Separate forced-air heating serves each unit, while the first-floor residence also has central air conditioning. Tenants pay their own heat, cooking gas, and electricity.

Additional improvements include a full walk-up attic, a partially finished basement with a separate bathroom, and a two-car garage. The roof is approximately seven years old, and both furnaces are approximately four years old. The property is near Theodore Roosevelt Elementary School, Roosevelt Road, Cicero Avenue, public transportation, and the CTA Pink Line.

Key Highlights

  • Two‑unit multifamily property built in 1923
  • Each unit offers 3 bedrooms, a living room, formal dining room, large kitchen, and pantry
  • Separate forced‑air heating for both units; first‑floor unit includes central air conditioning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Computer & Electronic Repair Acupuncture Carpet & Flooring 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

862
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
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-flat with spacious layouts, separate utilities, attic storage, basement space, and a two-car garage.
Where is this duplex located?
The property is located at 1528 S 50th Avenue Cicero, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two‑unit multifamily property built in 1923; Each unit offers 3 bedrooms, a living room, formal dining room, large kitchen, and pantry; Separate forced‑air heating for both units; first‑floor unit includes central air conditioning
More about this property
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