Rehabbed 4-flat located in Cicero with major updates throughout, making this a excellent opportunity for investors or owner-occupants. The building features a 400-amp electrical service upgrade with a fifth meter added in 2018, and a new roof installed in 2022. All four units were updated in 2018 with refinished or new flooring, updated cabinetry and fixtures, remodeled bathrooms in most units, and new appliances. Mechanical systems have been significantly improved, including new furnaces in units 1F (2018), 1R (2023), and 2F (2018), along with updated ductwork in 2F. All water heaters were replaced in 2023. Tenants pay Electric and Gas. 3 units have gas forced furnace central heat, one unit has wall heater unit. Window units for AC. All units are currently occupied on month-to-month leases, with most set to expire at the end of June. Tenants are open to staying or vacating based on the new owner's needs, offering maximum flexibility for investors or those looking to occupy. A well-maintained and updated building in a strong rental market-ideal for those seeking immediate income with long-term potential. Selling AS-IS
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For more information about 1317 S 49th, Cicero, IL 60804 contact Corcoran Urban Real Estate.
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Listing provided by Jameson Sotheby's Intl Realty
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