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Turnkey Two-Flat Residential Building
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4904 W 31st Street, Cicero, IL 60804

Two renovated three-bedroom units with new systems and a detached two-car garage, set within a four-level interior.

Property Size3,600 SF
Days on Market98

Property Features for 4904 W 31st Street

General Information

Standard status Active
Size 3,600 SF
Total Parking Spaces 2
Property subtype Multifamily

Additional Details

Multifamily Units 2

Building Details

Year Renovated 2025
Stories 4
Listing Agency: Realty of America, LLC
Listed By: Ricardo Rodriguez · License #475129475
Source: Crexi
Added: Apr 24 Changed: Jul 20 Last Checked: Jul 23 at 10:30AM

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 Realty of America, LLC

Investment Insights

Based on property information with market context.

This turnkey two-flat has been meticulously transformed with a comprehensive 2025 gut rehab, creating approximately 3,600 square feet across four finished levels. The building offers two expansive three-bedroom residences, including an upper unit that duplexes into a light-filled attic retreat. Interiors feature new hardwood flooring, cathedral ceilings, and updated kitchens with new appliances.

The property includes brand-new electrical, plumbing, and high-efficiency HVAC with central air. A new flood control system and drain tile are included for the basement. Exterior updates feature fresh vinyl siding and energy-efficient windows, supporting a maintained, “like-new” presentation.

A detached two-car garage is included, and the building is described as being near local parks and community amenities.

Key Highlights

  • 2025 gut rehab creating approximately 3,600 SF across four finished levels in a Cicero two‑flat
  • Two expansive 3‑bedroom residences, including an upper unit with duplex layout into a light‑filled attic retreat
  • New electrical, plumbing, and high‑efficiency HVAC with central air for maintenance‑free living

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Law Firm 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

609
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 - Two renovated three-bedroom units with new systems and a detached two-car garage, set within a four-level interior.
Where is this duplex located?
The property is located at 4904 W 31st Street Cicero, IL.
What are key features of this property?
This property features: 2025 gut rehab creating approximately 3,600 SF across four finished levels in a Cicero two‑flat; Two expansive 3‑bedroom residences, including an upper unit with duplex layout into a light‑filled attic retreat; New electrical, plumbing, and high‑efficiency HVAC with central air for maintenance‑free living
(708) 903-9324 Call to check price and availability
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