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Commercial > Multi-family / Apartments
Active
2 weeks ago
List Price
$580,000

1337 Austin Blvd
Cicero, IL 60804

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  • 1337 Austin Blvd, Cicero, IL 60804 is a 5 bed, 3 bath, 2,972 ft² multi-family/apartments property built in 1926 on a 0.090 acre lot. This multi-family/apartments is currently on the market for $580,000, and it was last sold in 2023 for $335,000.

    MLS Description

    The listing agent's description. Original Listing

    Want $56,000+ of annual cash flow without the headache of replacing electric and plumbing to get there? Welcome to 1337 S Austin, a MASSIVE, condoquality 2flat on the Cicero/Oak Park border, just minutes from Berwyn, Oak Park, and the Blue Line. This is a true, fully permitted gut rehab: allnew plumbing, electrical, windows, appliances, fixtures, cabinetry, and concrete work inside and out. Each unit offers over 1,500 sq ft with gleaming hardwood floors, designer lighting, an elegant electric fireplace, oversized bedrooms with great closets, and separate living, dining, and family/media rooms-perfect for entertaining or working from home. Kitchens are showpieces with premium cabinetry, breakfast nooks, and brandnew appliance packages. Spastyle baths feature dual vanities, fogfree Bluetooth mirrors, and sleek modern finishes. Smart features include a twoway audio/video intercom, inunit laundry (exclusive washer/dryer in the basement), and highefficiency central HVAC. Both units are currently rented at $2,350/month (tenants pay all utilities except water), generating approximately $56,400 in annual income and a solid cap rate at list price, with room to push rents higher. The lower level already has bathroom plumbing/fixtures and wideopen space-offering excellent potential for a future third incomeproducing unit or extended living (buyer to verify zoning/permitting). Outside, enjoy a newly poured concrete patio and walkways, plus a garage space with wallmounted storage and easy street parking. Turnkey, highincome opportunity for investors or owneroccupants looking for a lowm

    Listing Agents

    The listing agent for 1337 Austin Blvd is DeMarcus Hunter.

    Current Ownership

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    Property History

    1337 Austin Blvd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

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    Neighborhood

    This property is located in Cicero.

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    Copyright © 2025 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.

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