5501 W 24th Street Cicero, IL $ 575,000
5501 W 24th Street
$ 575,000
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5501 W 24th Street

Cicero, IL, 60804
$ 575,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 3,587

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Multi-Family Home for sale in Cicero, IL

for $575,000 with 8 bedrooms and 4 full baths. This home was built in 1926.

Exceptional Brick 4-Unit Multifamily Building - Income Opportunity with Endless Potential! Welcome to this massive, fully occupied brick 4-unit building-a rare opportunity for savvy investors or future owner-occupants looking to build wealth through real estate! Each of the four spacious units features two comfortable bedrooms, generous closet space, and a large, light-filled living room perfect for relaxing or entertaining. The building also includes a full huge basement, currently used for storage and laundry, offering additional space and flexibility. Whether you're seeking a passive income stream or envision living in one unit while renting out the others. The units are easy to rent, thanks to their layout and location, the building " is being sold strictly as-is," giving you the chance to add your personal touch or upgrades over time. Tuck pointing done in 2025. Offers a Two-car garage on-site. Prime location:walking distance to public transit, shopping, and dining. Quick access to major highways, making commuting a breeze. This is more than just a building-it's a chance to invest in your future, generate consistent rental income, and own a piece of real estate with incredible potential. Don't miss out-schedule your showing today and discover the possibilities!

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Multi-Family Pending

Price

$ 575,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,145

Style

Year Built

1926

Town/City

Cicero

County/Region

Cook

MLS | Web ID

12445582

Features
General
Sewer Public Sewer
Heating Natural Gas Baseboard Radiant
Possession Tenant's Rights
Roof Rubber
Garage Spaces 2
Construction Materials Brick
Year Built 1926
Township Cicero
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 19
Status Pending
Directions Central Ave. east to property Address.
City Cicero
High School District 201
MLS Area Cicero
Tax Annual Amount 9145
Additional Parcels Y/N N
Standard Status Pending
Middle/Junior School District 99
Elementary School District 99
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Interior
Basement Partially Finished Exterior Entry Other Full
Total Bedrooms 8
Room Type Workshop
Total Baths 4
Bedrooms Possible 8
Bathroom Soaking Tub
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Foundation Details Brick/Mortar Concrete Perimeter
Lot Dimensions 30 X 125
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

silviafon@hotmail.com;silvia.fonseca@cbexchange.com

Email

Affordability Calculator

$4,349
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,587
Monthly Property Taxes
$762
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
568051 Elementary School
567204 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2025$575,000 -4.01% Price Down
9/5/2025$599,000 -2.60% Price Down
8/15/2025$615,000 Listed Price

Map


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5501 W 24th Street, Cicero, IL, 60804 is a Multi-Family Home for sale at $575,000. 5501 W 24th Street has 8 bedrooms, 4.0 baths, and was built in 1926. The property's zip code is 60804 which is in Cicero, IL