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    4239 Cermak Road

    Chicago, IL 60623
    • $287,500
    • STATUS: Active
    • ON SITE: 330 days
    • MLS #: 10563964
    UPDATED: 80 min ago
    $287,500
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1911
    County:

    School Ratings & Info

    Description

    All on one lot sits a residential building with commercial space that provides a unique opportunity for the new or savvy investor. The lot houses 5 leasable (2) 2-bedrooms and (3) 1-bedroom apartments. With proper zoning garden unit can be rented making this 5-apartment building very financially attractive. Two of the units were recently renovated in 2017 along with newly constructed back porch that meets the City of Chicago standards. BONUS housed on the same lot is a 2,400 square foot commercial space totally gutted to the studs/brick walls. The possibilities are unlimited perhaps a banquet hall or retail space; formerly a bar/restaurant. This property is awaiting your vision. This well maintained and positive cash flow property is waiting for you.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2020-09-27T12:50:57.327 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    4239 Cermak Road Chicago, IL 60623

    • Price: $287,500
    • Status: Active
    • Updated: 80 min ago
    • MLS #: 10563964
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1911
    Built
    Neighborhood:
    Chi - North Lawndale
    County:
    Cook
    Area:
    Chi - North Lawndale
    Property Description
    All on one lot sits a residential building with commercial space that provides a unique opportunity for the new or savvy investor. The lot houses 5 leasable (2) 2-bedrooms and (3) 1-bedroom apartments. With proper zoning garden unit can be rented making this 5-apartment building very financially attractive. Two of the units were recently renovated in 2017 along with newly constructed back porch that meets the City of Chicago standards. BONUS housed on the same lot is a 2,400 square foot commercial space totally gutted to the studs/brick walls. The possibilities are unlimited perhaps a banquet hall or retail space; formerly a bar/restaurant. This property is awaiting your vision. This well maintained and positive cash flow property is waiting for you.
    Exterior Features

    Construction Brick Lot Dimensions 38.56 X 125 Lot Sq Ft 9650 Number Of Parking Spaces 0

    Interior Features

    Air Conditioning None Fire Protection Carbon Monoxide Detector(S) Floor Finish VinylWood Miscellaneous Inside Basement Number Of Apts 5 Number Of Offices 0 Number Of Ranges 4 Number Of Refrigs 4 Number Of Stores 1 Number Of Stories 2

    Property Features

    Age Older Built Before1978 YN Yes Electrical Service 0-100 Amps Electricity Expense 0 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Chicago West Gross Rental Income Amount 2750 Heat Ventilation Forced Air Insurance Expense 3000 Monthly Rental Price 2750 Number Of Tenants 4 Number Of Window Ac 4 Other Expenses 0 Rental Price 1.75 Sale Terms ConventionalCash Only Tax Year 2018 Taxes 8329.25 Tenant Pays ElectricHeat Total Annual Income 33000 Total Monthly Income 2750 Township West Chicago Water Expense 1200

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2020-09-27T12:50:57.327 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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