Cicero’s Comeback: Experiencing Growth After Years of Dormancy

As 2024 wraps up, I’ve been reflecting on how much has changed in the market this year—and how it all connects to my own journey. Growing up here, I’ve seen the community evolve, but this year’s growth in home values and equity has been something special. It even reminds me of when I bought my first property in 2019, during a market that felt a lot like this one.

Let me walk you through two areas close to home where I’ve seen incredible growth and opportunity unfold this year.

Single-family homes in this area have been steadily increasing in value. Take one property that sold earlier this year for $250K—it’s now valued closer to $300K. That kind of growth shows just how strong demand has been.

Then there’s the story of a two-unit property I sold that needed some serious love. This was a generational property, held by one family for decades, and it hit the market as a true fixer-upper. The buyer paid $150K, knowing it needed nearly $200K in repairs. Why? Because the after-repair value (ARV) was around $450K. It was a bold move, but one that made sense for someone looking at the long game.

One of my favorite moments this year was taking my dad to tour a 3-unit property in the same area. It sold for what seemed like a hefty price at the time, but now? The rental income from those units more than covers what the mortgage would be if you bought it today. Deals like that aren’t just good investments—they’re game-changers.

Another nearby area just outside of cicero has been equally exciting to watch. Prices have been climbing all year, with some investors walking away with almost six-figure equity gains. It’s been amazing to see these neighborhoods transform, but what’s just as exciting is what’s happening now.

With winter cooling the market a bit, there’s room for buyers to find properties below market value. Even in a high-growth area, there are still deals to be found—especially for those willing to act before the spring rush.

This all feels familiar to me because I’ve been there. Back in 2019, I bought my first property during a market that felt uncertain but full of potential. Interest rates were similar, and the market was shifting, just like it is now. That one decision set me on a path to building equity and stability, and I’m seeing the same opportunities for buyers today.

Sharing these market updates isn’t just part of my work—it’s something I genuinely enjoy. Watching how the market shifts, seeing where the opportunities pop up, and helping others navigate it all is what makes this so rewarding.

If you’ve been thinking about buying, selling, or just learning more about what’s happening in your area, let’s talk. Whether it’s finding the right home or spotting the next big investment, I’m here to help you every step of the way.

Ill be open any time tomorrow Tue Dec 31, 3-6 PM (CST).

You can just let me know or confirm here: Want to start the year off right ? Click to Book a 15 min call !