Sold
Last Sold Price
12 beds500 sqft$1,980/sqft
1630 W Cermak Rd, Chicago, IL 60608
Multi FamilyProperty Type
3,049 sq ftLot Size
1890Year Built
$1,980/sq ftPrice per sq ft
2 carsParking Spaces

Description

Amazing Turnkey Rehabbed Brick Investment 4-Unit in Prime East Pilsen Location. $94,000 Annual Income, NOI $80,000. Listed at 7.5 CAP. Can comes with Property Management if desired. Cash on Cash Return w/25% Down Owners loan is 14% at Asking Price. Meticulously maintained individual units and building. Easy Turn key Long Term HoldAmazing Turnkey Rehabbed Brick Investment 4-Unit in Prime East Pilsen Location. $94,000 Annual Income, NOI $80,000. Listed at 7.5 CAP. Can comes with Property Management if desired. Cash on Cash Return w/25% Down Owners loan is 14% at Asking Price. Meticulously maintained individual units and building. Easy Turn key Long Term Hold

    Sold By Main Street Real Estate Group

    • Listed by: Lawrence Dunning 312.286.0427 lawrence@mainstreetreg.com • Main Street Real Estate Group
    Listing closed: 10/15/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11168160

    Recent comparable sales

    Median sold price

    $798,000

    Avg days on market

    30

    Sale-to-list ratio

    99.3%

    Chicago, IL

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    Sold 11/20/24

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    Location

    Add your commute

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    30 year fixed, 6.55% Interest

    Principal and Interest

    $5,032

    Property Taxes

    $540

    HOA Dues

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    Property Information for 1630 West Cermak Road

    Property Details
    • Taxes: $6,477 / year
    • MLS Type: Two to Four Units / 4 Flat
    • County: Cook County
    • Area: CHI - Lower West Side
    • Township: West Chicago
    • Ownership: Fee Simple
    • Num Of Cars: 2.0
    • Heat/Fuel: Natural Gas
    Building Information
    • Residences: 4
    • Year Built: 1890
    • Lot Size: 0.07 AC / 3,049 SF
    General Information
    School Information
    • Elementary School District: 299
    • High School District: 299
    • Middle Or Junior School District: 299
    Addtl Parking Information
    • Parking: Space/s
    • Parking On Site: true
    • Parking Ownership: Owned
    Property Information
    Interior Features
    • Num Of Rooms: 23
    • Bedrooms Total: 12
    • Bedrooms (Below Grade): 0
    • Basement Type: None
    • Bedrooms Possible: 12
    • Basement Description: None
    • Basement Bathrooms: No
    • # Full Baths in Building: 7
    • # Half Baths in Building: 0
    • Num of Baths: 7.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Public
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2016
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 25X125
    • Total # Units in Building: 4.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • General Information: None
    • North Coordinate: 0
    • South Coordinate: 2200
    • East Coordinate: 0
    • West Coordinate: 1630
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 37
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Unit 1
    • Unit Type Actual Rent: $1,400.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Total Sq Ft - Unit 1: 500
    • Floor # - Unit 1: 1
    • # Of Rooms - Unit 1: 4
    • # Half Baths-Unit 1: 0
    • # Full Baths-Unit 1: 1
    • Appliances/Features Unit 1: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave
    • Lease Exp Date (Mo/Yr) - Unit 1: 04-22-2026
    • Sec Deposit $ - Unit 1: NA
    • Tenant Pays - Unit 1: Electric, Gas
    Unit 2
    • Unit Type Actual Rent: $1,500.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Floor # - Unit 2: 1
    • # Of Rooms - Unit 2: 4
    • # Half Baths-Unit 2: 0
    • # Full Baths-Unit 2: 1
    • Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave
    • Lease Exp Date (Mo/Yr) - Unit 2: 07-22-2026
    • Sec Deposit $ - Unit 2: NA
    • Tenant Pays - Unit 2: Electric, Gas
    Unit 3
    • Unit Type Actual Rent: $2,000.00
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 3
    • Floor # - Unit 3: 2
    • # Of Rooms - Unit 3: 6
    • # Half Baths-Unit 3: 0
    • # Full Baths-Unit 3: 2
    • Appliances/Features Unit 3: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave
    • Lease Exp Date (Mo/Yr) - Unit 3: 04-22-2026
    • Sec Deposit $ - Unit 3: NA
    • Tenant Pays - Unit 3: Electric, Gas
    Unit 4
    • Unit Type Actual Rent: $2,700.00
    • Unit Type Baths Total: 3
    • Unit Type Beds Total: 5
    • Unit Type Type: Unit 4
    • Floor # - Unit 4: 3
    • # Of Rooms - Unit 4: 9
    • # Half Baths-Unit 4: 0
    • # Full Baths-Unit 4: 3
    • Appliances/Features Unit 4: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave
    • Lease Exp Date (Mo/Yr) - Unit 4: 08-23-2026
    • Sec Deposit $ - Unit 4: NA
    • Tenant Pays - Unit 4: Electric, Gas

    Property History for 1630 West Cermak Road

    DateEvent & SourcePriceAppreciation
    Oct 15, 2021

    Sold

    MRED #11168160

    $989,900
    Aug 31, 2021

    Listed (Active)

    MRED #11168160

    $999,900
    Aug 31, 2021

    Contingent

    MRED #11168160

    DateEvent & SourcePrice
    10/15/2021

    Sold

    MRED #11168160

    $989,900
    08/31/2021

    Listed (Active)

    MRED #11168160

    $999,900
    08/31/2021

    Contingent

    MRED #11168160

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 1630 West Cermak Road

    Taxable ValueLand$11,518Additions$50,482Total$62,000
    Tax Record2023$11,608 ($967 / month)
    Home Facts
    Baths3Total Finished SqFt3,148 SqFtAbove Grade Finished SqFt3,148 SqFtStories2Lot Size3,113 SqFtStyleMulti-Family Res (5+ Units)Year Built1888CountyCOOKAPN17-19-429-040

    Schools near 1630 West Cermak Road

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Charter - K to 8
    Public - PK to 8
    Rating
    School
    Distance
    Cooper Elementary Dual Language Academy
    PublicPK to 8

    Juarez Community Academy High School
    Public9 to 12

    Acero Charter - Bartolome De Las Casas
    CharterK to 8

    Orozco Elementary Fine Arts & Sciences
    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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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Main Street Real Estate Group

    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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/15/2021 04:28 PM. 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.