1605 S 49th Court

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1605 S 49th Court

Cicero, IL 60804
Asking Price
$330K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Cicero, Illinois
  • The property is listed at an asking price of $330,000
  • Asset sits within the dense and accessible Chicago metropolitan area
  • Residential building suited for an investor focused on rental income
  • Location provides connectivity to major regional transportation routes

What's Special

Situated in Cicero, Illinois, this multifamily property benefits from its position within a dense, transit-oriented submarket just outside of downtown Chicago. The area features a mix of established residential and industrial corridors, providing a steady demand for housing options in this suburban pocket of the metro region. Proximity to major transportation arteries allows for efficient connectivity throughout Cook County and the surrounding municipalities, supporting a consistent tenant base for local apartment assets. This apartment building presents an opportunity for investors seeking to acquire a residential asset at an asking price of $330,000. As a multifamily building, the site is suited for those looking to manage a multi-unit investment within a high-density community. The property offers a straightforward addition to a rental portfolio, aligning with regional market conditions where demand for workforce housing remains a primary driver of stability. The layout is designed to facilitate standard residential leasing operations within this established Illinois enclave.

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NOI
$80,000
Cap Rate
24.24%
DSCR
4.08
Strong
Cash-on-Cash
61.02%
Monthly Payment
$1,632.66
Annual Cash Flow
$60,408.081

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