$850,000
2653 W Cermak Road
Chicago, IL, 60608
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.
Property Details
Price:
$850,000
MLS #:
MRD12096790
Status:
Active
Beds:
0
Baths:
0
Address:
2653 W Cermak Road
Type:
Commercial
Subtype:
Apts/Stores
Neighborhood:
CHI – South Lawndale
City:
Chicago
Listed Date:
Jul 1, 2024
State:
IL
ZIP:
60608
Year Built:
1913
Schools
Interior
Cooling
Central Individual
Exterior
Financial
Tax Year
2022
Taxes
$4,370
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of KOMAR. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Chicago, IL. All rights reserved.
2653 W Cermak Road
Chicago, IL
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