1337 S Austin Boulevard, Cicero, IL 60804
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1337 S Austin Boulevard,Cicero, IL 60804
$580,000
- 5 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Fri, Nov 2801:00 pm - 03:00 pm
Listed by: demarcus hunter, denee preston
Office: compass
MLS#:12521081
Source:MLSNI
Price summary
- Price:$580,000
About this home
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
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Home facts
- Year built:1926
- Listing ID #:12521081
- Added:1 day(s) ago
- Updated:November 27, 2025 at 12:38 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1926
- Lot area:0.09 Acres
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$580,000
- Tax amount:$9,811 (2023)
Copyright 2025 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 1337 S Austin Boulevard
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