UNDER CONTRACT - MULTI-FAMILY
4829 W 31st Street & 3129 S 48th Court Cicero, IL
PRICE
$875,000
NUMBER OF UNITS
12
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale a portfolio of two multi-family properties consisting of (12) total units located in the west suburban city of Cicero:

3129 S 48th Court – 6 units
4829 W 31st Street – 6 units

Both properties feature brand new electric service and newer mechanicals. Studio units in both buildings were completely gut rehabbed in the last 12-months including new vinyl floors, kitchen cabinets and appliances, and updated bathrooms. All five (5) one bedroom units in 3129 S 48th Ct. underwent various cosmetic updates. 4829 W 31st received a new boiler and hot water tank in 2015.

The properties are conveniently located within walking distance of the Cicero Metra Station, and the Cicero Pink Line Station. The close proximity to retail shops and public transportation provides tenants easy access to neighboring west suburban cities and Downtown Chicago.

The (12) unit portfolio offers a new owner the opportunity to scale their suburban foot print in a high demand rental community.

LOCATION DETAILS

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HIGHLIGHTS
  • 12-Unit Portfolio in Cicero
  • Upgraded Electric Service in Both Buildings
  • Numerous Capital Improvements
  • Located in High Demand Suburban Rental Community
  • Cosmetic Updates to 8/12 Units
LISTING BROKERS
Associate
773.682.9045
Director
773.305.4862