2653 West Cermak Road
$850,000
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Description
Welcome investors! Looking to diversify your portfolio, check out this fantastic opportunity! Mixed-use property fully occupied, located in Pilsen area. It is a unique and nostalgic investment property located on the busy, high traffic intersection of Cermak and Washtenaw. Providing both residential and commercial spaces. This building offers 2 apartments and a fully operating/ rented restaurant space. Each apartment offers an identical, spacious layout, 3 bedrooms, 1 bathroom, kitchen area, dining...Welcome investors! Looking to diversify your portfolio, check out this fantastic opportunity! Mixed-use property fully occupied, located in Pilsen area. It is a unique and nostalgic investment property located on the busy, high traffic intersection of Cermak and Washtenaw. Providing both residential and commercial spaces. This building offers 2 apartments and a fully operating/ rented restaurant space. Each apartment offers an identical, spacious layout, 3 bedrooms, 1 bathroom, kitchen area, dining area and living room. All hardwood flooring throughout, recently painted too. There are 4 parking spots available in rear of building. Backyard is an additional fenced, concrete space shared for tenants. The Restuarant is currently on a renewed 5-year lease, (ALL Fixtures and Equipment will NOT be transferable to new owner in Lieu of Sale. They are to remain with the Restuarant.) This Property is being sold as is. The property offers additional income as the apartments are currently family occupied. Rents in the area average from similar properties average 1850+ for each apartment. Please read showing instructions.
- Listed by Helene Wazwaz • KOMAR
- Listed by Mary Aguilar • KOMAR
Property Details for 2653 West Cermak Road
Area
CHI - South Lawndale
LISTING UPDATED: 09/15/2024 12:35 AM
Property Details for 2653 West Cermak Road
Status | Active |
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MLS # | 12096790 |
Days on Market | 256 |
Taxes | $4,370 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1913 |
Lot Size | 0.10 AC / 4,282 SF |
County | Cook County |
Building Information for 2653 West Cermak Road
Stories3Residences2Year Built1913Lot Size0.10 AC / 4,282 SF
Property Information for 2653 West Cermak Road
Property History for 2653 West Cermak Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2653 West Cermak Road
Taxable ValueLand$3,788Additions$19,211Total$22,999
Tax Record2022$4,730 ($394 / month)
Home Facts
Baths5.5Total Finished SqFt4,284 SqFtAbove Grade Finished SqFt4,284 SqFtStories3Lot Size3,224 SqFtStyleMulti-Family Res (5+ Units)Year Built1913CountyCOOKAPN16-25-201-003
Schools near 2653 West Cermak Road
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
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Finkl Elementary School PublicPK to 8 | ||
Farragut Career Academy High School Public9 to 12 | ||
Acero Chtr - Octavio Paz Campus CharterK to 8 | ||
Latino Youth Alternative High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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