Chicago, IL 60623,4318 W Cermak Road
Chicago, IL 60623,4318 W Cermak Road
Chicago, IL 60623,4318 W Cermak Road
Chicago, IL 60623,4318 W Cermak Road
Chicago, IL 60623,4318 W Cermak Road
Chicago, IL 60623,4318 W Cermak Road
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Listed by Melanie Millerof Keller Williams ONEChicago
Bought with Jose Campoverde of Chicagoland Brokers, Inc.

$235,000

$179,555

30.9%
Est.Price: ?

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Est. payment /mo

6 Beds


SOLD DATE : 09/19/2025

Key Details

Sold Price $235,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12452000

Sold Date 09/19/25

Bedrooms 6

Year Built 1912

Annual Tax Amount $1,693

Tax Year 2023

Lot Dimensions 30x125

Property Sub-Type Two to Four Units

Property Description

Incredible investment opportunity in prime North Lawndale! This 2-unit building with an additional garden unit offers excellent potential for seasoned investors. While the property is currently tenant-occupied, the tenants are open to vacating, and the property can be delivered vacant at closing-making it ideal for a full renovation or redevelopment project. Being sold strictly AS-IS, the building does require significant updates but presents strong upside with an estimated after-repair value (ARV) of approximately $450,000. Each unit features its own hot water tank, and forced heat. The property contains an exterior back porch overlooking yard space and a two car garage that can be used for additional income due to the properties location. Located in a rapidly developing area surrounded by new construction and revitalization, this property is perfect for experienced investors looking to capitalize on growth. Seller prefers cash offers with a quick close.

Location

State IL

County Cook

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Building

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) VOW
Serene Realty, Inc

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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

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