1841 S 61ST Court, Cicero, IL 60804
1841 S 61ST Court
$529,900
8 beds
1961 BUILT
Excellent Investment Opportunity in a Thriving Cicero Neighborhood. Discover this beautifully maintained all-brick 3-flat apartment building situated on an oversized lot along a tree-lined street in one of Cicero's most desirable neighborhoods. This turn-key property presents a rare opportunity for both savvy investors and owner-occupants alike. Each unit offers a spacious 3-bedroom, 1-bath layout, featuring separate utilities with tenant-paid gas and electric for maximum efficiency. The second-floor unit has been tastefully updated with laminate flooring, a fully remodeled bathroom with floor-to-ceiling tile, standing shower, and modern fixtures. The building has been exceptionally cared for with a new stairway runner installed. Outside, enjoy a private, well-kept yard ideal for outdoor living, and a detached 3-car garage offering ample parking and additional storage. Property Highlights 1st Floor Unit: Spacious 2-bedroom/1-bath, access to common laundry and utility area-perfect for consistent rental income. 2nd Floor Unit: Tastefully updated 3-bedroom/1-bath with long-term tenants who would love to stay; ideal for owner-occupancy or premium rental potential. 3rd Floor Unit: Expansive 3-bedroom/1-bath with an open living/dining area and breakfast nook, offering strong rental appeal. All units feature bright, comfortable living spaces, combined living/dining rooms, and eat-in kitchens. The fully paved backyard and secure gated fence enhance curb appeal and privacy. Currently fully occupied, this property generates steady income from both long- and short-term tenants. Live in one unit and let the others help with your mortgage, or rent all three for exceptional cash flow potential. A basement laundry facility adds further convenience for tenants. Location & Lifestyle Nestled on a quiet, well-cared-for block surrounded by proud homeowners, this property is just minutes from parks, schools, shopping, and public transportation. The area's ongoing growth and revitalization make this a solid and promising investment for years to come. Don't miss out on this stylish, income-generating gem-schedule your private showing today and secure your spot in one of Cicero's most vibrant neighborhoods!

Area & Lot

Status
For Sale
MLS® ID
12509827
Type
Multi-Family
Year Built
1961
School District
201

Interior

Bedrooms
8
Total Bathrooms
3

Exterior

Garage Space
3.0
Water Source
Lake Michigan
Roof
Flat
Parking
Yes, Garage Owned, Detached, Garage
Heat Type
Natural Gas, Baseboard
Sewer
Public Sewer
Substructure
Concrete Perimeter, Stone

Financial

Sales Price
$529,900
Real Estate Tax
$5,805/yr
Zoning
MULTI

Property Images

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