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Listing provided courtesy of RE/MAX Mi CasaMREDas Distributed by MLSGrid- MLS# 12596502MLS Provider

1507 S 51st AvenueCicero, IL 60804

Multi-Family · 6 Beds
$289,900 Active

1507 S 51st Avenue Overview

Time on Site:
89 days
Visits:
3

ATTENTION REHABER AND INVESTORS!!! Unlock the potential for this building featuring 4 units, full basement and 2 car garage. It is conveniently located near public transportation, schools and right next to the park. Schedule your showing today. Per the town of Cicero this 4-unit property is zoned as a two unit. Property to be de-converted by buyer post-closing. Sold AS IS and buyer to be responsible with the village requests.

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1507 S 51st Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 201

Building Information

  • New Construction: No
  • Year Built: 1920

Location/Region

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

Tax Information

  • Tax Annual Amount: $7,602.21
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 16212260030000
  • 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: 6
  • Bedrooms Possible: 6
  • Full Baths Building: 4

General Information

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

Exterior

Parking Information

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

Lot Information

  • Lot Size Dimensions: 3150
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 2
  • Baths Total: 1

1507 S 51st Avenue 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.

1507 S 51st Avenue Monthly Cost

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Jim Luxem Jr
* 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.

1507 S 51st Avenue Market Data

Based on the last 30 days in this zip code

$288,473
Average List Price
$215
Average Price per Square Foot
9
Properties Sold
66
Average Days on Market
68
Properties for Sale
Calculations provided by Reliance Network

1507 S 51st Avenue History

Date Event Value Agent
6/18/2026Source: MRED Status Change
Active
6/12/2026Source: MRED Price Reduction
$289,900 -9.4%
6/12/2026Source: MRED Status Change
Re-activated
5/26/2026Source: MRED Status Change
Active
5/21/2026Source: MRED Status Change
Re-activated
4/10/2026Source: MRED Status Change
Contingent
4/6/2026Source: MRED Status Change
Active
4/1/2026Source: MRED Added to Database
April 01, 2026