About This Home

This 9-bedroom, 5-bathroom residential multi family at 3101 S 49th Avenue in Cicero, IL is listed for $797,000. Built in 1908, on a N/A lot.

Key Features

  • Built in 1908
  • 3 parking spaces

Property Details

4 full, 1 half
3-car garage
1908
Listing Description

Explore this mixed-use investment opportunity in Cicero, offering multiple sources of rental income in one property. The building includes four apartments, an operating first-floor cafe, and a three-car garage, all currently rented. The residential portion features a mix of one-bedroom, one-bedroom-plus-flex, and two-bedroom apartments.

That variety gives the property appeal to tenants with different space needs, while the first-floor cafe adds a commercial component to the income mix. The rented three-car garage provides an additional source of revenue beyond the residential and cafe leases.

Situated near Cicero Avenue, the property offers access to I-55 and Midway International Airport, connecting tenants and customers to the surrounding area and the broader Chicago market. For an investor looking to acquire a property with an existing tenant base and several income sources, this Cicero building is an opportunity to take a closer look.

Monthly Cost Estimate

$4,263/mo

20% down · 6.5% · 30 years

Principal$576
Interest$3,454
Insurance$232

Estimates only. Actual payments may vary.

Location

3101 S 49th Avenue

Cicero, IL 60804

Property Details

Construction

Vinyl Siding

Parking

Garage

Heating

Natural Gas

Questions & Answers

This 9-bedroom, 5-bathroom residential multi family at 3101 S 49th Avenue is listed at $797,000. The estimated monthly payment is $4,262 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1908, 3 parking spaces.

This property is listed by Carlos Santiago.

CS

Carlos Santiago

Agent at Real Broker LLC

Listed by Real Broker LLC · Broker phone: (267) 241-1073 · View on Broker Site · Broker website

MLS# 12768562· Source: Midwest Real Estate Data, LLC· 36 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3101 S 49th Avenue, Cicero, IL 60804

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