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.
Property Details
Price:
$797,000
MLS #:
MRD12768562
Status:
Active
Beds:
9
Baths:
5
Type:
Multi Family
Neighborhood:
cicero
Listed Date:
Sep 24, 2026
Year Built:
1908
See this Listing
Schools
School District:
201
Interior
Heating
Natural Gas
Exterior
Construction Materials
Vinyl Siding
Garage Spaces
3
Parking Features
Yes, Detached, Garage
Parking Spots
3
Parking Total
3
Financial
Tax Year
2023
Taxes
$13,058
Map
Community
- Address3101 S 49th Avenue Cicero IL
- CityCicero
- CountyCook
- Zip Code60804
Market Summary
Current real estate data for Multi Family in Cicero as of Oct 06, 2026
50
Multi Family Listed
54
Avg DOM
$460,004
Avg List Price
Property Summary
- 3101 S 49th Avenue Cicero IL is a Multi Family for sale in Cicero, IL, 60804. It is listed for $797,000
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Copyright 2026. All rights reserved.
3101 S 49th Avenue
Cicero, IL


