1928 S 48th Court Cicero, IL 60804 • Multi Unit - Multiple • New $550,000

Description

Exceptional investment opportunity in Cicero! Whether you're looking to expand your portfolio or house hack your way into real estate investing, this impressive brick two-unit building offers the flexibility, space, and income potential to fit a variety of buyers' needs. Current tenants are willing to vacate at closing, providing the opportunity to immediately occupy a unit, make any personal updates, or lease at market rents to maximize cash flow. The first-floor unit features 4 generously sized bedrooms, a spacious living room, a formal dining room, 2 full baths, and a dedicated laundry area. The second-floor unit offers 4 large bedrooms, including a private primary suite, along with a bright living room, formal dining room, full bath, and in-unit laundry. High ceilings, large room sizes, and abundant natural light create an inviting atmosphere throughout the building. The finished walkout basement expands the possibilities even further with open space and a full bath, offering excellent flexibility for extended family living, recreation space, storage, or additional income-producing potential where permitted. Extensively updated, the property showcases modern kitchens with quartz countertops, stainless steel appliances, double ovens, oversized islands, and contemporary fixtures. Additional improvements include updated bathrooms, newer windows and doors, upgraded insulation, plumbing, electrical service, and high-efficiency HVAC systems. Outside, you'll find a 2.5-car garage and an additional parking pad, providing ample off-street parking. Separate gas and electrical utilities make management convenient for investors and owner-occupants alike. Conveniently located near shopping, dining, schools, public transportation, and major expressways, this turn-key multi-unit building presents a rare opportunity to generate strong rental income, build equity through owner occupancy, or add a high-performing asset to your investment portfolio. Please note: The property is currently occupied. Listing photos have been AI-enhanced and virtually decluttered to better showcase the space and potential layout.

Property Highlights