Rehabbed 4-flat located in Cicero with major updates throughout, making this a excellent opportunity for investors or owner-occupants. The building features a 400-amp electrical service upgrade with a fifth meter added in 2018, and a new roof installed in 2022. All four units were updated in 2018 with refinished or new flooring, updated cabinetry and fixtures, remodeled bathrooms in most units, and new appliances. Mechanical systems have been significantly improved, including new furnaces in units 1F (2018), 1R (2023), and 2F (2018), along with updated ductwork in 2F. All water heaters were replaced in 2023. Tenants pay Electric and Gas. 3 units have gas forced furnace central heat, one unit has wall heater unit. Window units for AC. All units are currently occupied on month-to-month leases, with most set to expire at the end of June. Tenants are open to staying or vacating based on the new owner's needs, offering maximum flexibility for investors or those looking to occupy. A well-maintained and updated building in a strong rental market-ideal for those seeking immediate income with long-term potential. Selling AS-IS
Closed
$362,000
1317 S 49th Ct, Chicago, IL 60804
6beds
--sqft
Multi Family
Built in 1909
-- sqft lot
$365,300 Zestimate®
$--/sqft
$1,350 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 20, 2025 at 01:22am
Listing courtesy of:
Michael Wade (312)882-4530,
Jameson Sotheby's Intl Realty
Bought with:
Robert Reyes
Realty of America, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12363290

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Space Heater
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: None, On Site, Other
Lot
- Size: 3,250 sqft
- Dimensions: 26X125
Details
- Parcel number: 16212130090000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1909
- Major remodel year: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Services availability

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$365,300
2% more+ $7,306
With Zillow Showcase(estimated)
$372,606