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    Cicero, IL Multifamily Properties for Sale

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    Turnkey Two-Flat Residential Building
    Updated: Apr 24
    Turnkey Two-Flat Residential Building

    4904 W 31st Street, Cicero, IL 60804

    $470,000
    3,600 sqft
    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
    Basement upgrades include a new flood control system and drain tile
    New interiors and finishes include hardwood flooring, cathedral ceilings, and kitchens with new appliances
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    This listing looks promising.

    Here's a quick look at some key insights for

    4904 W 31st Street, Cicero, IL 60804

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $42K
      Annual

    • Price @ 7% Cap

      $597K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1908
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    Mixed-Use Property with Corner Storefront
    Updated: Aug 18
    Mixed-Use Property with Corner Storefront

    5801 W 16th Street, Cicero, IL 60804

    $750,000
    0.17 AC lot
    Three apartments: two 3‑bedroom units and one 2‑bedroom unit
    Corner storefront currently used as a beauty salon
    Adjacent lot included; currently used as outdoor space for tenants
    2‑car garage included
    Brick construction with central air
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    Newer Two-Unit Duplex
    Newer Two-Unit Duplex

    5431 W 30th Place, Cicero, IL 60804

    $699,000
    0.09 AC lot

    Two contemporary units with open living areas, a full basement, and flexible owner-occupant or rental use.

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    Brick Duplex with Detached Garage
    Brick Duplex with Detached Garage

    1233 S 59th Avenue, Cicero, IL 60804

    $259,900
    0.09 AC lot

    Two residential units offer flexible occupancy and rental use, with a private yard and detached garage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    5402 W 23rd Street, Cicero, IL 60804

    $599,900
    4,101 sqft

    Recently rehabbed four-unit building with individual utilities, coin laundry, and a newer 2.5-car garage.

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    Two-Unit Duplex with Oversized Garage
    Two-Unit Duplex with Oversized Garage

    4926 W 30th Place, Cicero, IL 60804

    $314,900
    0.13 AC lot

    Frame duplex with separate living areas, flexible upper-level space, public sewer, and convenient access to area services and transportation.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    5043 W 25th Street, Cicero, IL 60804

    $599,999
    0.07 AC lot

    Multifamily apartment building listed for sale in Cicero with COMMR zoning and a 0.07-acre lot.

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    Remodeled Two-Unit Duplex
    Remodeled Two-Unit Duplex

    2806 S 48th Court, Cicero, IL 60804

    $389,900
    0.09 AC lot

    Each residence offers three bedrooms, one bath, central air, and oversized pantry storage.

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    Newer Two-Unit Residential Property
    Newer Two-Unit Residential Property

    5431 30th Place, Cicero, IL 60804

    $699,000
    3,000 sqft

    Turnkey two-unit property built in 2023 with modern finishes, multiple bedrooms and bathrooms, and an unfinished basement.

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    Mixed-Use Property with Corner Storefront
    Mixed-Use Property with Corner Storefront

    5801 W 16th Street, Cicero, IL 60804

    $750,000

    Apartment units are paired with a corner storefront and garage space.

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    Renovated Two-Flat Duplex
    Renovated Two-Flat Duplex

    1337 S Austin Boulevard, Cicero, IL 60804

    $539,900
    0.09 AC lot

    Brick multifamily property with two distinct apartments, updated systems, in-building laundry, and a two-car garage.

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    Tri-Level Duplex
    Tri-Level Duplex

    1442 S 50th Court, Cicero, IL 60804

    $460,000
    0.07 AC lot

    Two residential units feature flexible room layouts, separate mechanical systems, laundry, and detached garage parking.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    1636 S 50th Court, Cicero, IL 60804

    $490,000
    0.08 AC lot

    Remodeled apartments include dedicated storage, coin laundry, and shared building systems.

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    Remodeled 5-Unit Apartment Building
    Remodeled 5-Unit Apartment Building

    1636 S 50th Court, Cicero, IL 60804

    $490,000
    3,686 sqft

    Remodeled apartments include individual storage, coin laundry, and centralized heating and hot water systems.

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    Two-Story Corner Mixed-Use Building
    Two-Story Corner Mixed-Use Building

    5029 W 29th Place, Cicero, IL 60804

    $165,000
    0.13 AC lot

    Vacant brick property combining a commercial storefront with residential space and substantial renovation needs.

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    Brick Duplex with Detached Garage
    Brick Duplex with Detached Garage

    1406 S 51st Court, Cicero, IL 60804

    $389,900

    Two residential units are complemented by finished basement areas, storage, laundry, and a fenced yard.

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    Duplex Property with Expansion Potential
    Duplex Property with Expansion Potential

    2812 S 48th Court, Cicero, IL 60804

    $325,000
    0.10 AC lot

    Two residential levels feature updated kitchens, hardwood flooring, and additional basement and attic space.

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    Renovated Duplex with Finished Basement
    Renovated Duplex with Finished Basement

    1220 S 48th Court, Cicero, IL 60804

    $499,900

    Two three-bedroom units feature updated kitchens, hardwood floors, and modernized building systems.

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    Two-Unit Residential Income Building
    Two-Unit Residential Income Building

    1324 48th Court, Cicero, IL 60804

    $379,900
    1,990 sqft

    Two-unit building in excellent condition with central air in both units and newer flooring on the second floor.

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    Cicero Multifamily Property for Sale
    Cicero Multifamily Property for Sale

    1807 S 49th Avenue, Cicero, IL 60804

    $575,000

    Multifamily property in Cicero, Illinois, available for purchase.

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    Mixed-Use Property with Corner Storefront
    Mixed-Use Property with Corner Storefront

    5801 W 16th Street, Cicero, IL 60804

    $750,000

    Includes three apartments, a salon-used storefront, a two-car garage, and an adjacent lot for outdoor space.

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    Updated Brick Quadplex
    Updated Brick Quadplex

    5122 W 30th Place, Cicero, IL 60804

    $585,000

    Four-unit brick apartment property with separately metered electric service and unit-level billing capability.

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    4-Unit Multifamily Investment Property
    4-Unit Multifamily Investment Property

    1847 South 57th Avenue, Cicero, IL 60804

    $550,000

    Well-maintained four-unit multifamily with two-car garage and additional off-street parking pads on an oversized double corner lot.

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    Brick Multifamily Property
    Brick Multifamily Property

    2730 S 60th Court, Cicero, IL 60804

    $365,000

    Six-bedroom, four-bathroom property with garage parking and public utilities.

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    Cicero, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Cicero, IL, showcased through 45 active listings on our real estate platform. These investment opportunities span a total of 16,377 square feet of properties for sale, with an estimated market value of $21,125,397.

    Sale prices for multifamily properties in Cicero, IL start at $165,000, averaging $480,122, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 25
    Quadplexes 7
    Apartment buildings 6
    Triplexes 1

    Demographics Overview

    Population 83K
    Population Growth (5Y) +0.1%
    Median Household Income $68,548
    College Educated 14.2%

    High-Yield Neighborhoods for Investment

    Identify Cicero submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60804 $538K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Cicero fall within the 100,000+ square foot range.

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    Featured Cicero Real Estate Agencies

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    Area Wide Realty
    2125 S. Laramie Ave Cicero, IL 60804
    Phone: 17086563333
    www.reoareawide.com

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