Sold
Last Sold Price
2826 W Cermak Rd, Chicago, IL 60623
Mixed UseProperty Type
3,049 sq ftLot Size
1906Year Built

Description

Prime Mixed-Use Opportunity in Little Village Discover an exceptional investment opportunity in the heart of Chicago's vibrant Little Village neighborhood! This 4,140 SF masonry building sits on a 3,049 SF lot with B3-2 zoning, a spacious basement can also be used for storage. allowing for a variety of commercial and residential uses. This two-story structure presents a unique redevelopment or owner-user opportunity in a high-demand area. This rarely available property is ideal for investors, developers,...Prime Mixed-Use Opportunity in Little Village Discover an exceptional investment opportunity in the heart of Chicago's vibrant Little Village neighborhood! This 4,140 SF masonry building sits on a 3,049 SF lot with B3-2 zoning, a spacious basement can also be used for storage. allowing for a variety of commercial and residential uses. This two-story structure presents a unique redevelopment or owner-user opportunity in a high-demand area. This rarely available property is ideal for investors, developers, or business owners looking to establish a presence in a growing Chicago neighborhood. Sold as is

    Sold By Duarte Realty Company

    • Listed by: Ivan Man 773.895.2943 ivan.man@c21ra.com;hmc.ivanman@gmail.com • Century 21 Realty Associates
    Listing closed: 07/11/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12321952

    Recent comparable sales

    Median sold price

    $405,000

    Avg days on market

    62

    Sale-to-list ratio

    91.2%

    Chicago, IL

    9 comparable properties found

    a view of a building with retail shop and windows
    1/2
    1

    $475,000

    Sold 07/01/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.11
    Acres
    $380,000 | 2301 West Cermak Road, Chicago, IL 60608
    1/25
    2

    $380,000

    Sold 01/08/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a front view of a building
    1/12
    3

    $405,000

    Sold 12/12/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a front view of a building
    1/8
    4

    $451,000

    Sold 01/28/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.08
    Acres
    front view of a house with a street
    1/5
    5

    $350,000

    Sold 05/30/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.13
    Acres
    a car parked in front of a building
    1/7
    6

    $380,000

    Sold 09/12/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.22
    Acres
    a car parked in front of a building
    1/16
    7

    $379,000

    Sold 12/20/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.13
    Acres
    $463,000 | 2025 West 35th Street, Chicago, IL 60609
    1/27
    8

    $463,000

    Sold 07/31/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.06
    Acres
    $450,000 | 3115 South Archer Avenue, Chicago, IL 60608
    1/4
    9

    $450,000

    Sold 01/13/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.05
    Acres

    Location

    Add your commute

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    $2,307 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $2,181

    Property Taxes

    $127

    HOA Dues

    $0

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    Property Information for 2826 West Cermak Road

    Property Details
    • Taxes: $1,521 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: CHI - South Lawndale
    • Air Conditioning Type: Central Air
    • Zoning: COMMR
    Building Information
    • Stories: 2
    • Residences: 2
    • Year Built: 1906
    • Lot Size: 0.07 AC / 3,049 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 1-5 Spaces
    Location and General Information
    • Geographic Locale: Chicago South
    • Information: 24-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air
    • Electric: Service - 0 to 100 Amps
    • # Of Washers: 1
    • Heat/Ventilation: Forced Air
    • # Of Window/Ac: 2
    • # Of Refrigerators: 1
    • # Of Dryers: 1
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 1
    Property/Lot Information
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 25X121
    • Lot Size Square Feet: 3049.0
    • Stories: 2
    • Exterior Building Type: Brick
    • Construction: Brick
    • Fire Protection: None
    • Building Area Total: 4140
    • # Of Offices: 1
    • # Of Ranges: 1
    • # Of Stores: 2
    • Property Sub Type: Mixed Use
    Property and Assessments
    • Public Document Count: 2
    • Document Date: 2025-03-26T19:16:48
    • Photos Count: 32
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 2
    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 2826 West Cermak Road

    DateEvent & SourcePriceAppreciation
    Jul 11, 2025

    Sold

    MRED #12321952

    $429,000
    Jul 10, 2025

    Sold (Public Record)

    Public Record #1906806983

    $429,000
    Apr 23, 2025

    Pending

    MRED #12321952

    DateEvent & SourcePrice
    07/11/2025

    Sold

    MRED #12321952

    $429,000
    07/10/2025

    Sold (Public Record)

    Public Record #1906806983

    $429,000
    04/23/2025

    Pending

    MRED #12321952

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

    Public Records for 2826 West Cermak Road

    Taxable ValueLand$4,423Additions$16,289Total$20,712
    Tax Record2023$1,560 ($130 / month)
    Home Facts
    Baths5.5Total Finished SqFt4,140 SqFtAbove Grade Finished SqFt4,140 SqFtStories2Lot Size3,050 SqFtStyleMulti-Family Res (5+ Units)Year Built1906CountyCOOKAPN16-24-315-028

    Schools near 2826 West Cermak Road

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

    Farragut Career Academy High School
    Public9 to 12

    Latino Youth Alternative High School
    Charter9 to 12

    Saucedo Elementary Scholastic Academy
    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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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 2826 West Cermak Road, Chicago, IL 60623
    $429,000
    3,049
    $300,000
    6
    5.5
    3,048
    3,050
    8
    5
    6,750
    3,050
    $230,000
    2
    1.5
    1,648
    3,050
    $230,000
    2
    3,049
    2,700

    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 Century 21 Realty Associates

    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 07/19/2025 03:03 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.