2231 South 58th, Cicero IL 60804
$520,000

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Property Description

Rare, fully occupied 3-unit investment opportunity generating rental income. This well-maintained property is ideal for investors seeking stable cash flow with minimal maintenance. The building features a desirable unit mix, including two 2-bedroom + office units and a recently remodeled garden unit with updated flooring, cabinetry, and appliances. Significant recent capital improvements include a newer roof (approx. 3 years), updated windows, gutters, and a proactive sewer line clean-out, providing peace of mind for years to come. Additional highlights include a new garage door, side fencing, and an added rear parking space. Located in a high-demand rental area just steps from the Pink Line and a local high school, ensuring consistent tenant demand and low vacancy. A turnkey, income-producing asset ready to perform from day one.

Features & Information

Key Details

  • List Price $520,000
  • Property Taxes $9,806.68
  • Price/ Sq. Ft. Unavailable
  • Year Built 1916
  • Parking Type Garage,Space/s
  • Status Active

Rooms

  • Total Rooms 14
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage,Space/s
  • # of Cars:  3
  • # of Garage Spaces:  None/NA

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas, Hot Water/Steam
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator
  • Unit 3 Stove, Refrigerator

Location

  • County Cook
  • Township Cicero
  • Corporate Limits Cicero
  • Directions to Property Cermak To 58th Ct, South To 2133
  • Schools

  • Elementary School District 99
  • Junior High District 99
  • School Name Unity East School
  • High School District: 201
  • School Name J Sterling Morton East Hi
  • Property Taxes

  • Tax 9806.68
  • Tax Year 2024
  • Parcel Identification Number 16292030110000

Utilities

  • Sewer Sewer-Publ

Listed by: Midwest SignatureProperties Co | Phone: 708.979.5303
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/5/2026 11:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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