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$ 590,000
Est. payment /mo
New
1337 S Austin BLVD Cicero, IL 60804
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12506921
Bedrooms 5
Year Built 1926
Annual Tax Amount $9,811
Tax Year 2023
Lot Dimensions 4092 square feet
Property Sub-Type Two to Four Units
Property Description
Welcome home to this impeccably renovated, condo-quality multi-unit residence perfectly situated just moments from the vibrant communities of Berwyn and Oak Park. This property represents a rare investment opportunity-a complete gut rehab executed on permits with entirely new plumbing, electrical systems, windows, appliances, fixtures, and cabinetry throughout. Every inch has been thoughtfully reimagined with modern luxury, structural integrity, and comfort in mind. Step outside and you'll find brand-new concrete work throughout, including a freshly poured concrete patio-ideal for summer gatherings or relaxing evenings under the stars. Inside, you're greeted by gleaming hardwood floors, all-new windows, and designer lighting that allows you to tailor the ambiance for any occasion. The living room's elegant electric fireplace sets the tone for cozy sophistication, while oversized bedrooms with generous closets ensure you'll never run out of space. Entertain effortlessly with a formal dining room and an additional family room or media lounge-two distinct areas for relaxation and connection. The expansive kitchen is a true showpiece, featuring premium new cabinetry, a charming breakfast nook, and brand-new appliances ideal for the modern chef. The spa-inspired, redesigned bathroom impresses with dual vanities, fog-free Bluetooth mirrors, and sleek new fixtures and finishes. Smart technology adds convenience at every turn, including a two-way audio/video intercom system so you can greet guests with ease. Enjoy in-unit laundry (exclusive washer and dryer located in the basement), high-efficiency central HVAC, and ample natural light that floods the home throughout the day. Parking is effortless with a dedicated garage space and wall-mounted storage, plus plenty of free street parking on surrounding blocks. Savvy investors take note: The lower level features existing bathroom plumbing and fixtures plus expansive open space-creating excellent potential for a 3rd income-generating unit with minimal additional investment. This caliber of value-backed by high cap rates, a permitted top-to-bottom renovation, and future expansion possibilities-is rare in today's market. Don't miss this turnkey investment opportunity.
Location
State IL
County Cook
Area Cicero
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
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
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Denee Preston of Compass