ClosedPrice Reduced

$575,000

$615,000
5501 24th Street, Cicero, IL 60804
8 Beds4 Baths76 days
5501 24th Street·Cicero, IL 60804
8Bedrooms
4Bathrooms
1926Year Built
About This Home

Exceptional Brick 4-Unit Multifamily Building - Income Opportunity with Endless Potential! Welcome to this massive, fully occupied brick 4-unit building-a rare opportunity for savvy investors or future owner-occupants looking to build wealth through real estate! Each of the four spacious units features two comfortable bedrooms, generous closet space, and a large, light-filled living room perfect for relaxing or entertaining. The building also includes a full huge basement, currently used for storage and laundry, offering additional space and flexibility. Whether you're seeking a passive income stream or envision living in one unit while renting out the others. The units are easy to rent, thanks to their layout and location, the building " is being sold strictly as-is," giving you the chance to add your personal touch or upgrades over time. Tuck pointing done in 2025. Offers a Two-car garage on-site. Prime location:walking distance to public transit, shopping, and dining. Quick access to major highways, making commuting a breeze. This is more than just a building-it's a chance to invest in your future, generate consistent rental income, and own a piece of real estate with incredible potential. Don't miss out-schedule your showing today and discover the possibilities!

MLS# 12445582Listed August 15, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms19

Size & Structure

Garage Spaces2
Year Built1926
Lot Size30 X 125

Location

CountyCook
TownshipCicero
Zip Code60804

Financial

List Price$575,000
Original Price$615,000
Annual Taxes (2023)$9,145
Monthly Tax Est.$762
Parcel #16281160250000
Interior Features

Heating

Natural GasBaseboardRadiant

Basement

Partially FinishedExterior EntryOtherFull
Exterior & Lot

Construction

Brick

Roof

Rubber

Foundation

Brick/MortarConcrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Garage Door OpenerYesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$9,145
Tax Year 2023
Monthly Tax Est.
$762
per month
Price Reduced by $40,000
Original list price: $615,000
Property Location

5501 24th Street, Cicero, IL 60804 — Cook County

$575,000
5501 24th Street
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
76 days on market
2-car garage
30 X 125
$9,145/yr taxes
Price reduced $40,000
$3,784
estimated monthly payment
Principal & Interest
$3,022/mo
Property Tax
$762/mo
$575,000
20% — $115,000
3%50%
6.875%
3%12%
Loan Amount
$460,000
Down Payment
$115,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Silvia Fonseca
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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