1847 South 57th Avenue

Cicero IL 60804

Multi-Family

Last sold for $500,000

Ryan Cherney, last sold this property on 04 September 2026 after 1078 days on market.

Overview

Investment Opportunity: Spacious 4-Unit Multifamily on an Oversized Double Corner Lot Exceptional opportunity to own a well-maintained 4-unit multifamily property situated on a rare oversized double corner lot with an abundance of outdoor space and parking. This income-producing asset offers features that are increasingly difficult to find, making it an attractive addition to any investment portfolio. The property boasts a two-car garage, along with two additional off-street parking pads, providing ample parking accommodations for tenants and guests. A brand-new boiler offers peace of mind and added value by reducing immediate capital improvement concerns. Set on a huge yard, the expansive outdoor space enhances tenant appeal and offers endless possibilities for recreation, gardening, or future enhancements, subject to local regulations. The generous double-lot configuration and prominent corner location provide added privacy, curb appeal, and long-term potential. Whether you're a seasoned investor seeking a strong multifamily asset or an owner-occupant looking to offset living expenses with rental income, this unique property combines functionality, convenience, and exceptional lot size in one compelling package.

Features

7 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Estimated Value

Based on this property and similar 7 bedroom multi families sold in Cicero over the last 12 months, the estimated median property value of 1847 South 57th Avenue is $452.5k.

Median value

$452.5k

Estimated value range

$277k - $525k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Cicero. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1847 South 57th Avenue

2026

Sold

$500,000

04 Sep 2026 by Ryan Cherney, of Circle One Realty

Happy sellers in Cicero

We have insufficient information to provide an overview of customer satisfaction for Cicero. Viewing the agent profiles, reviews and sales for Cicero can provide insights for this location.