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Lisa Hillman

lisahillman@johngreenerealtor.com +1(630) 276-8455

Listed by Kimberly Wirtzof Wirtz Real Estate Group Inc.

$ 485,000

Est. payment -/mo

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New

1801 S Lombard Avenue Cicero, IL 60804

6 Beds

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12502131

Bedrooms 6

Year Built 1923

Annual Tax Amount $8,560

Tax Year 2024

Lot Dimensions 33 X 120.7

Property Sub-Type Two to Four Units

Property Description

Rare opportunity to own a one-story, all-brick three-unit building with an attached two-car garage and a spacious basement. This solid, well-built property offers exceptional functionality and long-term value. Each unit benefits from numerous tasteful updates throughout, providing comfortable living spaces that tenants appreciate. The building is currently occupied by long-time, month-to-month tenants, offering immediate income with flexibility for future repositioning or value-add potential. The attached two-car garage generates additional rental income of $200/month, further enhancing cash flow. A huge full basement adds tremendous upside-ideal for storage, mechanicals, or future possibilities depending on buyer vision. With its durable all-brick construction, strong rental history, and multiple income streams, this is a standout multifamily investment that rarely becomes available.

Location

State IL

County Cook

Community Curbs, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry, Full

Interior

Heating Steam, Radiator(s)

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Roof Type Rubber

Building

Lot Description Corner Lot

Foundation Concrete Perimeter

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 99, 99, 201

Others

Ownership Fee Simple

Special Listing Condition Home Warranty

Nearby School & Business

SCHOOLSPROPERTIES

Elementary Schools 5

5

Karel Havlicek Elementary School

Public | KG - 5
4

Daniel Burnham Elementary School

Public | KG - 6
0

Warren Park School

Public | PK - 3
0

St Frances of Rome School

Private | PK - 8
0

McKinley Elementary School

Public | KG - 3

Middle Schools 1

7

Lincoln Middle School

Public | 6 - 8

School and business data provided by Attom Data.