Under Contract

Listed by Ryan Cherney from Circle One Realty

Source: Midwest Real Estate Data, LLC #12685954

1847 South 57th Avenue, Cicero, IL, 60804

$550,000

7
4
2

MultiFam

•

30+ days on the market

What's around 1847 South 57th Avenue

About this property

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.

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