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1801 S Lombard Avenue Cicero, IL 60804

$485,000
Active / MLS# 12502131 / Multi Unit - Multiple / Cicero
6 Beds
3 Baths

Rare opportunity to own a one-story, all-brick three-unit building with an attached two-car garage and a spacious basement. This solid, well-built property offers exceptional functionality and long-term value. Each unit benefits from numerous tasteful updates throughout, providing comfortable living spaces that tenants appreciate. The building is currently occupied by long-time, month-to-month tenants, offering immediate income with flexibility for future repositioning or value-add potential. The attached two-car garage generates additional rental income of $200/month, further enhancing cash flow. A huge full basement adds tremendous upside-ideal for storage, mechanicals, or future possibilities depending on buyer vision. With its durable all-brick construction, strong rental history, and multiple income streams, this is a standout multifamily investment that rarely becomes available.

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 1,932.57 per month $1,077.78 Principal & Interest $713.33 Property Tax $141.46 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Unfinished, Exterior Entry, Full
Basement: Yes
Garage: 2
Heating: Steam, Radiator(s)
Lot Size: 33 X 120.7
Roof Type: Rubber
Taxes: $8,560
Year Built: 1923

Feature Descriptions

Exterior: Brick
Lot: Corner Lot
Lot Dimensions: 33 X 120.7
Other Equipment: Ceiling Fan(s)
Parcel#: 16203120010000
Parking: Garage Door Opener, Yes, Attached, Garage
Sewer: Public Sewer
Total Rooms: 12
Township: Cicero
Water: Lake Michigan

Schools

School District: District 201

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Wirtz Real Estate Group Inc.

Listing Office Phone: 708-516-3050



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