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4-Unit Mixed-Use Building
New
For Sale
$797,000

3101 S 49th Avenue, Cicero, IL 60804

Residential Income, Cicero, IL

Property SizeContact for details
Days on Market4

Property Features for 3101 S 49th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bathroom 2, Bedroom 3, Bedroom 7, Bedroom 8, Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 9, Basement, Bedroom 1, Bedroom 4
Parking 3
Parking features Garage
Basement Partially Finished, Partial
Elementary school district 99
Middle school district 99
High school district 201
Directions Cicero & 32nd to 49th to building.
Subdivision Cicero
Standard status Active
APN 16332080010000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 13058

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1908
Building materials Vinyl Siding
Listing Agency: Real Broker LLC
Listed By: Carlos Santiago · License #475198813
Added: Sep 24 Changed: Sep 25 Last Checked: Sep 27 at 5:06AM
MLS# 12768562

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1908 mixed-use building has four apartments above a first-floor cafe, along with a three-car garage. The residential units include one-bedroom, one-bedroom-plus-flex, and two-bedroom layouts. The cafe is operating, and the apartments and garage are also rented. Exterior construction is vinyl siding; the property has natural gas heating and public sewer service.

The building is near Cicero Avenue, with access to I-55 and Midway International Airport. Its residential, cafe, and garage components are all currently occupied, bringing several property uses together at one address.

Key Highlights

  • Four apartments with one‑bedroom, one‑bedroom‑plus‑flex, and two‑bedroom layouts
  • Operating first‑floor cafe
  • Rented three‑car garage

Property Analytics

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Current Use

Coffee shops

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher 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.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

695
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
View Realmo Analytics

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?
Mixed-use property - Four apartments, a street-level cafe, and a rented three-car garage combine residential and commercial occupancy.
Where is this mixed-use property located?
The property is located at 3101 S 49th Avenue Cicero, IL.
What is the asking price?
The asking price for this property is $797,000.
What are key features of this property?
This property features: Four apartments with one‑bedroom, one‑bedroom‑plus‑flex, and two‑bedroom layouts; Operating first‑floor cafe; Rented three‑car garage
More about this property
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