Sold
Last Sold Price
10 beds
1920 W Cermak Rd, Chicago, IL 60608
Multi FamilyProperty Type
0.07 acresLot Size
1885Year Built
2 carsParking Spaces

Description

Wow! Discover this Brick 6-Flat on Cermak Road, near Pilsen Area! Property Features: ALL-Units are 100% Rented, with Tenants paying their own separate utilities, 2-Car Brick Garage, and a Full, Partially Finished Basement! Unit Breakdown: (Three) 2-Bdrm, 1-Bath Units, (Two) 1-Bdrm, 1-Bath Units, and a Store Front! Building needs work. Cap Rate is 13%. Sold in As-Is Condition. Subject to Lender Approval.Wow! Discover this Brick 6-Flat on Cermak Road, near Pilsen Area! Property Features: ALL-Units are 100% Rented, with Tenants paying their own separate utilities, 2-Car Brick Garage, and a Full, Partially Finished Basement! Unit Breakdown: (Three) 2-Bdrm, 1-Bath Units, (Two) 1-Bdrm, 1-Bath Units, and a Store Front! Building needs work. Cap Rate is 13%. Sold in As-Is Condition. Subject to Lender Approval.

    Sold By Aaby Realty

    • Listed by: Israel 312.420.6658 israel@masteryourinvestment.com • Home Sales Realty INC.
    Listing closed: 07/29/2014 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 08610892

    Location

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    $1,413 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $1,034

    Property Taxes

    $380

    HOA Dues

    $0

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    Property Information for 1920 West Cermak Road

    Property Details
    • Taxes: $4,557 / year
    • MLS Type: Multi Family 5+ / Flats
    • County: Cook County
    • Area: CHI - Lower West Side
    • Township: WEST CHICAGO
    • Air Conditioning Type: Window Unit(s)
    • Zoning: COMMR
    Building Information
    • Stories: 3
    • Residences: 6
    • Year Built: 1885
    • Lot Size: 0.07 AC / 3,250 SF
    General Information
    Addtl Parking Information
    • Indoor Parking: 1-5 Spaces,Detached
    Location and General Information
    • Frontage Type: City Street
    • Information: 24-Hr Notice Required,Short Sale
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Window Unit(s)
    • Electric: Circuit Breakers
    • Basement Description: Partially Finished
    • Heat/Ventilation: Wall Unit
    • # Of Refrigerators: 5
    • Washer/Dryer Lsd: No
    • Misc Inside: Inside Corridor/s
    • Num of Baths: 0.0
    Exterior Features
    • Misc Outside: Balcony/ies,Fire Escape
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Flats,Other
    • Lot Dimensions: 26' X 125'
    • Lot Size Square Feet: 3250.0
    • Stories: 3
    • Exterior Building Type: Brick, Concrete
    • Construction: Brick, Concrete
    • Roof Type: Composition
    • Fire Protection: Alarm On Site,Fire Extinguisher/s,Smoke or Fire Protectors
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 4032
    • # Of Ranges: 5
    Property and Assessments
    • Possible Use: Commercial, Retail
    • Documents Available: Rent Roll
    • Photos Count: 4
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 6
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $39,000.00
    • Gross Scheduled Income: $39,000.00
    • Insurance Expense: $3,600.00
    • Maintenance Expense: $.00
    • Electric Expense Source: Actual
    • Expense Year: 2013
    • Total Annual Expense Source: Actual
    • Fuel Expense Source: Actual
    • Insurance Expense Source: Actual
    • Janitor Expense: 0
    • Net Operating Income Year: 2013
    • Other Expense Source: Actual
    • Repairs-Decor Expense Source: Actual
    • Trash Expense Source: Actual
    • Total Monthly Income: 3250
    • Water Expense Source: Actual
    • Net Operating Income: $29,763.00
    • Operating Expense: $9,237.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $1,080.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 4
    • # Of Rooms - Unit 1: 4
    • # Of Full Bthrms - Type 1: 1
    • Monthly Income - 1: 450
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 2
    • # Of Rooms - Unit 2: 3
    • # Of Full Bthrms - Type 2: 1
    • Monthly Income - 2: 400
    Unit 3
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 3: 0
    • Monthly Income - 3: 0
    Unit 4
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 4: 0
    • Monthly Income - 4: 0
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 5: 0
    • Monthly Income - 5: 0
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    • Monthly Income - 6: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 7: 0
    • Monthly Income - 7: 0

    Property History for 1920 West Cermak Road

    DateEvent & SourcePriceAppreciation
    Jul 29, 2014

    Sold

    MRED #08610892

    $200,000
    Jul 29, 2014

    Sold

    MRED #08610885

    $200,000
    Jul 28, 2014

    Sold (Public Record)

    Public Record #434011990

    $200,000
    DateEvent & SourcePrice
    07/29/2014

    Sold

    MRED #08610892

    $200,000
    07/29/2014

    Sold

    MRED #08610885

    $200,000
    07/28/2014

    Sold (Public Record)

    Public Record #434011990

    $200,000

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

    Public Records for 1920 West Cermak Road

    Taxable ValueLand$11,655Additions$49,345Total$61,000
    Tax Record2023$9,289 ($774 / month)
    Home Facts
    Baths5.5Total Finished SqFt4,279 SqFtAbove Grade Finished SqFt4,279 SqFtStories3Lot Size3,150 SqFtStyleMulti-Family Res (5+ Units)Year Built1890CountyCOOKAPN17-19-426-040

    Schools near 1920 West Cermak Road

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

    Juarez Community Academy High School
    Public9 to 12

    Orozco Elementary Fine Arts & Sciences
    PublicPK to 8

    Acero Charter - Bartolome De Las Casas
    CharterK 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 Home Sales Realty 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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 04:39 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.