3125 West Cermak Road
$890,000
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Description
This address is located in what many consider the best neighborhood to invest in right now, the Up and Coming East Little Village neighborhood. think "Logan Square South"! This listing has great rehabbed apartments over a large, historic storefront with an original tin ceiling in good condition and hard wood maple floors. the storefront will need some work in the rear. the location is about 1 block to Pink Line EL stop, in a great shopping district and 2 blocks to Douglass Park and /Marshall Blvd....This address is located in what many consider the best neighborhood to invest in right now, the Up and Coming East Little Village neighborhood. think "Logan Square South"! This listing has great rehabbed apartments over a large, historic storefront with an original tin ceiling in good condition and hard wood maple floors. the storefront will need some work in the rear. the location is about 1 block to Pink Line EL stop, in a great shopping district and 2 blocks to Douglass Park and /Marshall Blvd. Storefront can easily be divided. It also has great installed mechanical systems that will make dividing the commercial easier than similar projects elsewhere. New Roof installed in January 2024 with a 5 year labor warranty. Apartment income will allow owner to deliver goods and services to this trending community for a huge profit. Apartments rent easily rarely but are below current market due to long term occupancies so there will be additional upside for future income. Building is priced to sell and will be a money maker for years. The city has rebuilt the streets, sidewalks, curbs, water/ sewer mains in addition to planting tree boxes in the public landscaping. The building is principal managed so the expenses reported are as such. The seller has listed 3 other buildings within a block as retirement is calling. All listings on the block are walkable distance from each other and all are available for showings. Contact the listing agent for more information. The parking for this address is at 1936 s Kedzie - a double, fenced lot which is also available for purchase in connection with this building. This Kedzie lot 6250 sq ft and is zoned a B3-2 which carries a FAR of 2.2! All this means a 13,750 sq ft (Condo) building can be built there in the future. If the vacant lot is not purchased with this address, it will be available for purchase separately.
- Listed by James Mason • Mason Realty
Property Details for 3125 West Cermak Road
Area
CHI - South Lawndale
TownshipWest Chicago
ZoningCOMMR
LISTING UPDATED: 01/03/2025 12:07 AM
Property Details for 3125 West Cermak Road
Status | Active |
---|---|
MLS # | 12210208 |
Days on Market | 43 |
Taxes | $9,932 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1904 |
Lot Size | 0.12 AC / 5,250 SF |
County | Cook County |
Building Information for 3125 West Cermak Road
Stories2Residences5Year Built1904Lot Size0.12 AC / 5,250 SF
Property Information for 3125 West Cermak Road
Property History for 3125 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 3125 West Cermak Road
Taxable ValueLand$6,293Additions$40,781Total$47,074
Tax Record2022$9,682 ($807 / month)
Home Facts
Total Finished SqFt5,100 SqFtAbove Grade Finished SqFt5,100 SqFtStories2Lot Size5,356 SqFtStyleMulti-Family Res (5+ Units)Year Built1904CountyCOOKAPN16-25-101-001
Schools near 3125 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 |
---|---|---|
Kanoon Elementary Magnet 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.
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