1337 S Austin Boulevard
Cicero, IL, 60804 $ 580,000
Bedrooms5 Baths2.0 Sq 3,000 Monthly Estimate*
$ 3,618
for $580,000 with 5 bedrooms and 2 full baths. This 3,000 square foot home was built in 1926 on a lot size of 0.09.
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
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Rubber
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1926
Township Cicero
Tax Year 2023
Ownership Fee Simple
Gross Income 56400
County Cook
Insurance Expense 3951
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status Re-activated
Directions South on Austin Blvd from I-290 to 1337
City Cicero
High School District 201
MLS Area Cicero
Tax Annual Amount 9811
Trash Expense 1
Water Sewer Expense 2000
Virtual Tour https://real.vision/1337-south-austin-boulevard?o=u
Standard Status Active
Middle/Junior School District 99
Elementary School District 99
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InteriorBasement Unfinished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Bathroom Double Sink Soaking Tub
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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ExteriorParking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 4092 square feet
Lot Size Acres 0.09
Waterfront Y/N N
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* Excluded FeaturesList Bydemarcus.hunter@compass.com;demarcushunterrealestate@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,618
- Monthly Property Taxes
- $818
- 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.
Learn more about how to save NearbyMulti-family listings in Cicero, IL
Average List Price $510,085
Percent of Sale Price 12%
About Cicero, IL 83,793 Population
-2% Since 2002
$ 42,804 Median Income
30.99 Median Age
47% Households with Children
Trends Information provided by ATTOM Data Solutions.
568051 Elementary School
567204 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/26/2025 | $580,000 | | Listed Price |