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17 Properties Within 0.5 miles of: 1337 S Austin, Cicero

1337 S Austin
Cicero, IL 60804

  • 5 Beds
  • Built In 1926
Price

$580,000

Est Payment
$3,892 / month (details)  
Taxes
$9,811  
Beds
5  
Rooms
13  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
4092 square feet  
Built
1926  
Neighborhood
Cicero  
MLS
#12521081
Status
Active (11 days)

Property Description

Want $56,000+ of annual cash flow without the headache of replacing electric and plumbing to get there? Welcome to 1337 S Austin, a MASSIVE, condoquality 2flat on the Cicero/Oak Park border, just minutes from Berwyn, Oak Park, and the Blue Line. This is a true, fully permitted gut rehab: allnew plumbing, electrical, windows, appliances, fixtures, cabinetry, and concrete work inside and out. Each unit offers over 1,500 sq ft with gleaming hardwood floors, designer lighting, an elegant electric fireplace, oversized bedrooms with great closets, and separate living, dining, and family/media rooms-perfect for entertaining or working from home. Kitchens are showpieces with premium cabinetry, breakfast nooks, and brandnew appliance packages. Spastyle baths feature dual vanities, fogfree Bluetooth mirrors, and sleek modern finishes. Smart features include a twoway audio/video intercom, inunit laundry (exclusive washer/dryer in the basement), and highefficiency central HVAC. Both units are currently rented at $2,350/month (tenants pay all utilities except water), generating approximately $56,400 in annual income and a solid cap rate at list price, with room to push rents higher. The lower level already has bathroom plumbing/fixtures and wideopen space-offering excellent potential for a future third incomeproducing unit or extended living (buyer to verify zoning/permitting). Outside, enjoy a newly poured concrete patio and walkways, plus a garage space with wallmounted storage and easy street parking. Turnkey, highincome opportunity for investors or owneroccupants looking for a lowm

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Garage Door Opener, Yes, Garage Owned, Detached, Garage, Parking included in price
Schools
District 201, District 99

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

11-20-2025 Listed at $590,000
11-21-2025 Price decreased by $10,000 to $580,000
Last Modified 11/27/25 12:05 AM

Nearby Transportation

  • Bus 91 0.2 mi
  • Bus 12 0.5 mi
  • Bus 21 0.8 mi
  • Bus 85 0.8 mi
  • Bus 7 0.9 mi
  • Bus 126 1.0 mi
  • Bus 60 1.1 mi
  • Bus 57 1.2 mi
  • Bus 20 1.2 mi
  • Blue Line 0.6 mi
  • Pink Line 1.1 mi
  • I 290 East 0.6 mi
  • I 290 West 0.6 mi
  • I 55 South 3.4 mi
  • I 55 North 3.5 mi
  • Hwy 171 South 4.9 mi
  • Hwy 171 North 4.9 mi
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