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5044 W 31st Pl, Cicero, IL, 60804

4beds
2baths
--sqft
$365,000
--price/sqft
$2,741/moest. monthly cost
$109,640/yrincome needed

About This Home

Solid 2-unit investment property located in the heart of Cicero, just minutes from the high-traffic Cicero/Ogden shopping corridor. Offering approximately 2,000 sq ft, this well-maintained building presents a strong opportunity for buyers seeking rental income and long-term value. The property is in compliance with current city requirements, providing added confidence for ownership. Updates include remodeled interiors (2017/2018), updated windows, and solar panels installed in 2021 contributing to improved energy efficiency. Sump Pump 2024 . Unit 1 features 2 bedrooms, 1 bathroom, a comfortable living room, and a functional kitchen, complemented by hardwood floors in great condition. Unit 2 is a duplex-up across the 2nd and 3rd floors, offering 2 bedrooms, 1 bathroom, a living room, dining area, and a spacious kitchen layout. Both units include appliances, separate laundry, and central heating systems (no A/C units). Additional highlights include a full basement ideal for storage, a fenced backyard, and a detached 2-car garage with a newer roof (2019). Great opportunity for investors or owner-occupants looking to generate rental income in a well-located area with consistent demand and future upside potential.

Getting Around

76
WalkingVery Walkable
51
TransitGood Transit
57
BikeBikeable

Schools

3/10
Unity Jr High SchoolGrades 7-81.2 mi

Construction

Condition

  • Year built: 1907

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2023

Type & Style

  • Home type: MultiFamily
  • Architectural style: A-Frame
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Partial

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Heating

  • Heating features: Natural Gas,Forced Air

Property

Details

  • Parcel number: 16332010240000
  • Zoning: MULTI
  • Special condition: None
  • Other equipment: Ceiling Fan(s)

Features

  • Patio & porch: Patio

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 25 X 125

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
Heat Wave
Winter Weather
Strong Wind
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,845$22,140
Home Insurance *$240$2,880
Property Taxes $526$6,312
Electricity $130$1,569
Total$2,741$32,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,977/yr
40% on housing$82,230/yr
45% on housing$73,093/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60804$213
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60804$194
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Contingent$365,000
2026-04-30Listed for sale$365,000
2020-03-13Sold$259,000
2017-05-19Sold$85,000
2017-02-27Pending sale$88,200
2017-02-22Price change$88,200
2017-02-15Pending sale$98,000
2017-01-21Listed for sale$98,000
2016-09-20Pending sale$98,000
2016-09-10Listed for sale$98,000
1999-12-09Sold$139,500
1998-10-14Sold$114,500

For Sale by Agent

AgentJose Andres Torres
BrokerageRealty of America, LLC

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