1337 Austin Boulevard, Cicero, Illinois 60804


$580,000

For Sale
Status: Price Change
Sqft: 0
Cost/Sqft:
Beds: 5
Baths: 0
Year Built: 1926
Property Taxes: $9,811
Days On Market: 6
Lot Size: 0,09
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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 Specifics

Multi-unit
1926
No
0.09
Cook
— / —
12521081
16202080110000

Property History

DATE: EVENT: PRICE: SOURCE:
7 Jul, 2023 Sold $335,000 MRED MLS
18 Apr, 2023 Under contract $335,000 MRED MLS
12 Apr, 2023 Listed for sale $335,000 MRED MLS
Last price change $590,000 MRED MLS
20 Nov, 2025 Listed for sale $590,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: Double Sink,Soaking Tub
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2
4092 square feet
Not in DB

Tax History

Year Property Taxes
2023 $7,026
$9,811

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Listing Provided By

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