3112 West Cermak Road

Chicago, IL 60623

$507,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Long-time owner looking to sell to the right buyer. There is plenty of potential for increasing the income of this property-long-time tenants with low rental fees and the tenants paying their utility fees.Long-time owner looking to sell to the right buyer. There is plenty of potential for increasing the income of this property-long-time tenants with low rental fees and the tenants paying their utility fees.
  1. Listed by Joseph Perez • Berkshire Hathaway HomeServices Chicago

Property Details for 3112 West Cermak Road

Area
CHI - South Lawndale
Zoning
COMMR
LISTING UPDATED: 10/26/2024 12:24 AM

Property Details for 3112 West Cermak Road

StatusActive
MLS #12192615
Days on Market136
Taxes$4,446 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1901
Lot Size0.11 AC / 4,960 SF
CountyCook County

Building Information for 3112 West Cermak Road

Stories3Residences5Year Built1901Lot Size0.11 AC / 4,960 SF

Property Information for 3112 West Cermak Road

General Information
Location and General Information
  • Geographic Locale: Chicago West
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Service - 0 to 100 Amps
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 4
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 25 X 118
  • Lot Size Square Feet: 4960.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Rubber
  • Fire Protection: Alarm On Site,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 2880
  • # Of Offices: 0
  • Retail SqFt: 900
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $61,800.00
  • Gross Scheduled Income: $54,600.00
  • Insurance Expense: $2,000.00
  • Insurance Expense Source: Broker Projection
  • Total Monthly Income: 4550
  • Other Expense: $.00
  • Trash Expense: $500.00
  • Water Sewer Expense: $1,000.00

Property History for 3112 West Cermak Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3112 West Cermak Road

Taxable ValueLand$3,384Additions$17,616Total$21,000
Tax Record2022$4,334 ($361 / month)
Home Facts
Baths5Total Finished SqFt4,968 SqFtAbove Grade Finished SqFt4,968 SqFtStories3Lot Size2,880 SqFtStyleMulti-Family Res (5+ Units)Year Built1901CountyCOOKAPN16-24-311-027

Schools near 3112 West Cermak Road

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Johnson Elementary School
PublicPK to 8

Farragut Career Academy High School
Public9 to 12

Spry Community Links High School
Public9 to 12

Saucedo Elementary Scholastic Academy
PublicPK to 8

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.

Similar Homes

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3112 West Cermak Road is a mixed use property for sale in Chicago, IL 60623. This property was listed for sale on October 19, 2024 by Berkshire Hathaway HomeServices Chicago, it's currently listed at $507,000. This listing's school district is Chicago Public Schools. Nearby schools include Johnson Elementary School, Farragut Career Academy High School and Spry Community Links High School. 3112 West Cermak Road is a 0-bed, 0-bath, mixed use property built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Chicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/26/2024 12:24 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.