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Listing provided courtesy of Wirtz Real Estate Group Inc.MREDas Distributed by MLSGrid- MLS# 12502136MLS Provider

4816 W 24th StreetCicero, IL 60804

Multi-Family · 4 Beds · 0.07 Acres
$310,000 Active

4816 W 24th Street Overview

Time on Site:
158 days
Visits:
1

Excellent investment opportunity with strong income potential! This well-maintained two-flat offers a versatile layout ideal for owner-occupants or savvy investors. The first-floor unit features a comfortable one-bedroom, one-bath floor plan highlighted by a formal dining room, perfect for everyday living and entertaining. The second unit is truly expansive, offering two full levels of living space with 3/4 generously sized bedrooms, providing flexibility for larger households, work-from-home needs, or premium rental income. Adding to the appeal is a detached 4 car garage that generates additional rental income of $200/month, boosting overall cash flow. Large double lot. Ideally located near shopping, public transportation, and major expressways, this property offers convenience and accessibility that tenants love. A solid, income-producing property with space, flexibility, and upside-don't miss this opportunity!

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4816 W 24th Street Facts & Features

  • Type Multi-Family
  • Lot 0.07 Acres

Details

General

School Information

  • School District: 99

Income/Expenses

  • Insurance Expense: 3717
  • Water Sewer Expense: 1563

Building Information

  • New Construction: No
  • Year Built: 1904

Location/Region

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

Tax Information

  • Tax Annual Amount: $9,324.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 16282140290000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: OTHER

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 4

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 5
  • Bedrooms Possible: 5
  • Full Baths Building: 2

General Information

  • Basement: None
  • Heating: Natural Gas
  • Rooms Total: 11

Exterior

Parking Information

  • Parking Features: Yes, Garage Owned, Detached, Garage
  • Parking Total: 4

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 50X125
  • 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: 1200
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 1

4816 W 24th Street 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.

4816 W 24th Street Monthly Cost

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$ %
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Jeremy Woods
* 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.

4816 W 24th Street 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

4816 W 24th Street History

Date Event Value Agent
6/14/2026Source: MRED Status Change
Active
6/9/2026Source: MRED Price Reduction
$310,000 -6.0%
6/9/2026Source: MRED Status Change
Price Change
6/8/2026Source: MRED Status Change
Re-activated
5/18/2026Source: MRED Status Change
Contingent
5/3/2026Source: MRED Status Change
Active
4/28/2026Source: MRED Price Reduction
$329,900 -3.0%
4/28/2026Source: MRED Status Change
Price Change
1/27/2026Source: MRED Status Change
Active
1/22/2026Source: MRED Added to Database
January 22, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022