4318 W Cermak Road
Chicago, IL, 60623
$179,555
6 Beds
3 Baths
0 SqFt
0 Acres
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$179,555
4318 W Cermak Road
Chicago, IL, 60623
MLS #MRD12452000 image #0
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.

Property Details

Price:
$179,555
MLS #:
MRD12452000
Status:
Active Under Contract
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Aug 21, 2025
Year Built:
1912
Chi – North LawndaleChinorthlawndale

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Detached, Garage
Parking Spots
2

Financial

Tax Year
2023
Taxes
$1,693
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Sep 14, 2025
1,517
Multi Family Listed
81
Avg DOM
$498,840
Avg List Price

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Property Summary

    4318 W Cermak Road Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $179,555 To schedule a showing of MLS#mrd12452000 at 4318 W Cermak Road in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
4318 W Cermak Road
Chicago, IL