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Cecil Sabu

csabu@allure.realestate +1(312) 772-2820

$ 565,000

Est. payment -/mo

Save

Price Dropped by $10K

1337 S Austin BLVD Cicero, IL 60804

5 Beds

2 Baths

3,920 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12521081

Bedrooms 5

Year Built 1926

Annual Tax Amount $9,811

Tax Year 2023

Lot Size 3,920 Sqft

Lot Dimensions 4092 square feet

Property Sub-Type Two to Four Units

Property Description

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

Location

State IL

County Cook

Area Cicero

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Building Description Brick, No

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 List Broker Must Accompany

Listed by DeMarcus Hunter of Compass

SCHOOLSPROPERTIES

Elementary Schools 20

10

Willard Elementary School

Public | PK - 4
9

Roosevelt School

Public | 5 - 8
8

A F Ames Elementary School

Public | KG - 5
8

Horace Mann Elementary School

Public | KG - 5
8

William Hatch Elementary School

Public | PK - 5
8

Zapata Elementary School

Public | PK - 8
7

Oliver W Holmes Elementary School

Public | PK - 5
7

Abraham Lincoln Elementary School

Public | KG - 5
7

Irving Elementary School

Public | KG - 5
7

Longfellow Elementary School

Public | PK - 5
6

Blythe Park Elementary School

Public | KG - 5
6

Jefferson Elementary School

Public | PK - 5
6

Piper School

Public | KG - 5
6

William Beye Elementary School

Public | KG - 5
6

Whittier Elementary School

Public | PK - 5
5

Field Stevenson Elementary School

Public | 3 - 5
5

Grant-White Elementary School

Public | 3 - 5
5

Prairie Oak School

Public | KG - 5
5

Pershing Elementary School

Public | KG - 5
5

Edison Elementary School

Public | PK - 5

Middle Schools 8

7

Lincoln Middle School

Public | 6 - 8
6

Heritage Middle School

Public | 6 - 8
6

Percy Julian Middle School

Public | 6 - 8
5

Gwendolyn Brooks Middle School

Public | 6 - 8
5

Clark Academy Preparatory Magnet High School

Public | 7 - 12
4

Forest Park Middle School

Public | 6 - 8
4

Freedom Middle School

Public | 6 - 8
3

Unity Jr High School

Public | 7 - 8

High Schools 20

10

Oak Park & River Forest High School

Public | 9 - 12
6

World Language High School

Public | 9 - 12
5

Infinity Math, Science and Technology High School

Public | 9 - 12
4

Douglass Academy High School

Public | 9 - 12
4

Austin Business & Entrepreneurship High School

Public | 9 - 12
3

J Sterling Morton West High School

Public | 9 - 12
3

School of Social Justice High School

Public | 9 - 12
2

Austin Polytechnical Academy High School

Public | 9 - 12
1

J Sterling Morton East High School

Public | 10 - 12
1

Voise Academy High School

Public | 9 - 12
1

J Sterling Morton Freshman Center

Public | 9 - 9
1

Multicultural Academy of Scholarshp High School

Public | 9 - 12
0

Trinity High School

Private | 9 - 12
0

Alop Academic Learning Program

Public | 9 - 12
0

Fenwick High School

Private | 9 - 12
0

Austin Career Education Center

Private | 10 - 12
0

Morton Alternative Schools

Public | 9 - 12
0

J Sterling Morton Alternative School

Public | 9 - 12
0

Banner Academy West

Private | 9 - 12
0

Christ the King Jesuit College Preparatory School

Private | 9 - 12

School and business data provided by Attom Data.

Cecil Sabu

Designated Managing Broker & Loan Originator | License ID: 471.019943 | NMLS ID: 2111992

+1(312) 772-2820

Cecil Sabu

1337 S Austin BLVD Cicero, IL 60804

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1337 S Austin BLVD