Sold
Last Sold Price
1937 W Cermak Rd, Chicago, IL 60608
Mixed UseProperty Type
2,962 sq ftLot Size
1889Year Built

Description

3-unit mixed-use property featuring a brick retail/office building on Cermak Road and a frame Coach House with 2 units in the rear. The Coach House has a newer roof (2 years) and gutters and the front buildings roof has 2 layers and was done within the past 5 years. The front building is currently vacant and is ready for occupancy and features a full basement. The rear building has MTM tenants and can be vacated with a 30 day notice if needed for renovation. Perfect for an owner user looking for...3-unit mixed-use property featuring a brick retail/office building on Cermak Road and a frame Coach House with 2 units in the rear. The Coach House has a newer roof (2 years) and gutters and the front buildings roof has 2 layers and was done within the past 5 years. The front building is currently vacant and is ready for occupancy and features a full basement. The rear building has MTM tenants and can be vacated with a 30 day notice if needed for renovation. Perfect for an owner user looking for retail/office while the rear tenants pay the mortgage! Located in Chicago's Pilsen neighborhood, just east of the Damen on Cermak Road. The lighted intersection of Cermak Road & Damen Avenue and is just a block to the CTA Pink Line Station at Damen Avenue. Cermak is a major retail corridor and the subject property is adjacent to Walgreens. Other are co-tenants include, Aldi, Cermak Produce, Pete's Fresh Market, Walmart and Planet Fitness. Pilsen was recently named one of the 2 coolest neighborhoods in North America and one of the 12 coolest in the World!
  • Listed by: Angelo Labriola angelo.labriola@svn.com • Sperry Van Ness
Listing closed: 10/29/2020 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10824980

Recent comparable sales

Median sold price

$228,000

Avg days on market

59

Sale-to-list ratio

91.9%

Chicago, IL

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Location

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Property Taxes

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Property Information for 1937 West Cermak Road

Property Details
  • Taxes: $11,283 / year
  • MLS Type: Commercial Sale
  • County: Cook County
  • Area: CHI - Lower West Side
  • Num Of Parking Spaces: 0.0
  • Air Conditioning Type: Partial
  • Zoning: COMMR
Building Information
  • Stories: 2
  • Residences: 3
  • Year Built: 1889
  • Lot Size: 0.07 AC / 2,962 SF
General Information
Location and General Information
  • Geographic Locale: Chicago South,Chicago Southwest
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Partial
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 25X120
  • Lot Size Square Feet: 2962.0
  • Stories: 2
  • Exterior Building Type: Brick, Wood Frame
  • Construction: Brick, Wood Frame
  • Fire Protection: Fire Extinguisher/s
  • Building Area Total: 2800
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 8
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1937 West Cermak Road

DateEvent & SourcePriceAppreciation
Oct 29, 2020

Sold (Public Record)

Public Record #688161181

$250,000
Oct 29, 2020

Sold

MRED #10824980

$250,000
Sep 2, 2020

Pending

MRED #10824980

DateEvent & SourcePrice
10/29/2020

Sold (Public Record)

Public Record #688161181

$250,000
10/29/2020

Sold

MRED #10824980

$250,000
09/02/2020

Pending

MRED #10824980

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

Public Records for 1937 West Cermak Road

Taxable ValueLand$20,832Additions$31,192Total$52,024
Tax Record2024$10,452 ($871 / month)
Home Facts
Baths2Total Finished SqFt1,820 SqFtAbove Grade Finished SqFt1,820 SqFtStories1Lot Size2,976 SqFtStyleMiscellaneous CommercialYear Built1888Year Renovated1889ZoningB3-2CountyCOOKAPN17-30-200-009-0000

Schools near 1937 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1937 West Cermak Road, Chicago, IL 60608
$250,000
2,962
$360,000
5,952
5,376
2,976
5,376
2,976
$540,000
2
1,408
3,175
3,400
3,175

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 Sperry Van Ness

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 09:50 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.