Listing provided courtesy of Results Realty ERA PoweredMREDas Distributed by MLSGrid- MLS# 12684025MLS Provider

1928 S 48th CourtCicero, IL 60804

Multi-Family · 8 Beds
$550,000 Active

1928 S 48th Court Overview

Time on Site:
8 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1928 S 48th Court Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 201

Building Information

  • New Construction: No
  • Year Built: 1914

Location/Region

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

Tax Information

  • Tax Annual Amount: $11,557.90
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 16214220350000
  • 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: 11
  • Bedrooms Possible: 11
  • Full Baths Building: 4

General Information

  • Basement: Finished, Full
  • Heating: Natural Gas
  • Rooms Total: 14

Exterior

Parking Information

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

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 37X80
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

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

Unit 2 Details

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

1928 S 48th Court 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.

1928 S 48th Court Monthly Cost

$
$ %
%
$
$
* 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.

1928 S 48th Court Market Data

Based on the last 30 days in this zip code

$287,132
Average List Price
$216
Average Price per Square Foot
9
Properties Sold
67
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network

1928 S 48th Court History

Date Event Value Agent
6/25/2026Source: MRED Status Change
Active
6/21/2026Source: MRED Added to Database
June 21, 2026
3/15/2024Source: MRED Status Change
Closed