6901 Cermak Road

Berwyn, IL 60402

$579,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare Opportunity to own this Mixed Use 4 unit building in appreciating Berwyn! This property is comprised of 1, 4bd-1bth Residential Unit and 3 Commercial Storefronts. Perfect for a possible Live and Work scenario. Unit 1, $1545 a mth, Unit 2, $1489 a mth, Unit 3 $1350 a mth and residential unit is currently on short term lease for Summer Months, $2767 per month. Plenty of parking space available in the Rear and also a 1 car garage. Make your appointment today!Rare Opportunity to own this Mixed Use 4 unit building in appreciating Berwyn! This property is comprised of 1, 4bd-1bth Residential Unit and 3 Commercial Storefronts. Perfect for a possible Live and Work scenario. Unit 1, $1545 a mth, Unit 2, $1489 a mth, Unit 3 $1350 a mth and residential unit is currently on short term lease for Summer Months, $2767 per month. Plenty of parking space available in the Rear and also a 1 car garage. Make your appointment today!

Property Details for 6901 Cermak Road

Area
Berwyn
Zoning
COMMR

Location

Listing Courtesy of Ready Properties Inc
Add your commute
LISTING UPDATED: 05/05/2024 12:07 AM

Property Details for 6901 Cermak Road

StatusActive
MLS #12038626
Days on Market21
Taxes$15,888 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1957
Lot Size0.11 AC / 4,956 SF
CountyCook County

Location

Listing Courtesy of Ready Properties Inc
Add your commute

Building Information for 6901 Cermak Road

Stories-Residences4Year Built1957Lot Size0.11 AC / 4,956 SF

Payment Calculator

$4,489 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,165

Property Taxes

$1,324

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6901 Cermak Road

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: 6-12 Spaces
  • Open Parking Spaces: 7.0
Location and General Information
  • Geographic Locale: Southwest Suburban
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 201 to 600 Amps
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Sewer, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 42X118
  • Lot Size Square Feet: 4956.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Alarm On Site
  • # Of Offices: 3
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 21
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $.00
  • Gross Income: $52,608.00
  • Gross Scheduled Income: $52,608.00
  • Insurance Expense: $2,400.00
  • Total Monthly Income: 4384
  • Other Expense: $.00
  • Trash Expense: $1,800.00
  • Water Sewer Expense: $960.00

Property History for 6901 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 6901 Cermak Road

Taxable ValueLand$4,836Additions$27,160Total$31,996
Tax Record2018$13,573 ($1,131 / month)
Home Facts
Baths4.5Total Finished SqFt4,623 SqFtAbove Grade Finished SqFt4,623 SqFtStories2Lot Size4,961 SqFtStyleMulti-Family Res (5+ Units)Year Built1957CountyCOOKAPN16301020100000

Schools near 6901 Cermak Road

This home is within J S Morton Hsd 201 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Piper School
PublicK to 5

Freedom Middle School
Public6 to 8

J Sterling Morton West High School
Public9 to 12

J Sterling Morton Alternative School
Public9 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.

Similar Homes

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Similar Sold Homes

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6901 Cermak Road is a mixed use property for sale in Berwyn, IL 60402. This property was listed for sale on April 29, 2024 by Ready Properties Inc, it's currently listed at $579,900. This listing's school districts are J S Morton Hsd 201 School District, Berwyn South School District 100. Nearby schools include Piper School, Freedom Middle School and J Sterling Morton West High School. 6901 Cermak Road is a 0-bed, 0-bath, mixed use property built in 1957.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ready Properties Inc

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 05/05/2024 12:07 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.