Listing provided courtesy of Circle One RealtyMREDas Distributed by MLSGrid- MLS# 12685954MLS Provider

1847 S 57th AvenueCicero, IL 60804

Multi-Family · 7 Beds
$550,000 Active

1847 S 57th Avenue Overview

Time on Site:
7 days
Visits:
0

Investment Opportunity: Spacious 4-Unit Multifamily on an Oversized Double Corner Lot Exceptional opportunity to own a well-maintained 4-unit multifamily property situated on a rare oversized double corner lot with an abundance of outdoor space and parking. This income-producing asset offers features that are increasingly difficult to find, making it an attractive addition to any investment portfolio. The property boasts a two-car garage, along with two additional off-street parking pads, providing ample parking accommodations for tenants and guests. A brand-new boiler offers peace of mind and added value by reducing immediate capital improvement concerns. Set on a huge yard, the expansive outdoor space enhances tenant appeal and offers endless possibilities for recreation, gardening, or future enhancements, subject to local regulations. The generous double-lot configuration and prominent corner location provide added privacy, curb appeal, and long-term potential. Whether you're a seasoned investor seeking a strong multifamily asset or an owner-occupant looking to offset living expenses with rental income, this unique property combines functionality, convenience, and exceptional lot size in one compelling package.

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1847 S 57th Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 201
  • High School: J Sterling Morton East High Scho

Building Information

  • New Construction: No
  • Year Built: 1910

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Cicero
  • Township: Cicero

Tax Information

  • Tax Annual Amount: $12,258.39
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 16204150190000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 7
  • Bedrooms Possible: 7
  • Full Baths Building: 4

General Information

  • Basement: Unfinished, Crawl Space, Cellar, Full
  • Foundation Details: Stone
  • Heating: Natural Gas, Electric, Radiator(s)
  • Other Equipment: Ceiling Fan(s)
  • Rooms Total: 16

Exterior

Parking Information

  • Parking Features: Yes, Garage Owned, Detached, Garage
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 59x126
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Aluminum Siding, Brick
  • Roof: Rubber

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

1847 S 57th Avenue Neighborhood

Community

60804 (Cicero) Demographics

32
Median Age
10,436
Population Density (per sq. mile)
15%
College Educated
$53,750
Estimated Median Income
11,773
Estimated Total Home Owners
10,935
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1847 S 57th Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1847 S 57th Avenue Market Data

Based on the last 30 days in this zip code

$288,473
Average List Price
$215
Average Price per Square Foot
9
Properties Sold
66
Average Days on Market
68
Properties for Sale
Calculations provided by Reliance Network

1847 S 57th Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/23/2026Source: MRED Added to Database
June 23, 2026