Sold
Last Sold Price
2874 W Cermak Rd, Chicago, IL 60623
Mixed UseProperty Type
0.20 acresLot Size
1934Year Built
7 carsParking Spaces

Description

Auction huge commercial building in the heart of little village. There is countless economic potential in this area. Excellent location to own 3 apt=1 is 3 br and 2 are 2 brs; 3 commercial spaces plus an huge 2500 sq ft. Full basement. List price is suggested opening bid. Call for financial details.Auction huge commercial building in the heart of little village. There is countless economic potential in this area. Excellent location to own 3 apt=1 is 3 br and 2 are 2 brs; 3 commercial spaces plus an huge 2500 sq ft. Full basement. List price is suggested opening bid. Call for financial details.

    Sold By Fine and Company LLC

    • Listed by: Michael 312.278.0600 michael@fineandcompany.com • Fine and Company LLC
    Listing closed: 03/21/2013 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 08224205

    Recent comparable sales

    Median sold price

    $275,000

    Avg days on market

    79

    Sale-to-list ratio

    88.2%

    Chicago, IL

    9 comparable properties found

    a view of a house with a fence
    1/19
    1

    $227,500

    Sold 10/30/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a front view of a house with a road
    1/45
    2

    $275,000

    Sold 02/18/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $292,000 | 3203 South Pulaski Road, Chicago, IL 60623
    1/22
    3

    $292,000

    Sold 01/20/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.11
    Acres
    a front view of a building
    1/15
    4

    $335,000

    Sold 08/29/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    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
    $228,000 | 320-322 South Spaulding Avenue, Chicago, IL 60624
    1/33
    6

    $228,000

    Sold 04/30/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.15
    Acres
    a view of street with parked cars
    1/22
    7

    $235,000

    Sold 06/04/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.08
    Acres
    a front view of a building
    1/8
    8

    $210,000

    Sold 10/10/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.05
    Acres
    $275,000 | 3544 West Lake Street, Chicago, IL 60624
    1/35
    9

    $275,000

    Sold 12/01/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.05
    Acres

    Location

    Add your commute

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    OriginPoint Mortgage or Rocket Mortgage1

    $2,194 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $1,486

    Property Taxes

    $708

    HOA Dues

    $0

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    Property Information for 2874 West Cermak Road

    Property Details
    • Taxes: $8,498 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: CHI - South Lawndale
    • Township: NORTH CHICAGO
    • Num Of Garage Spaces: 0.0
    • Air Conditioning Type: Central Air
    • Num of Interior Fireplaces: 0
    • Zoning: OTHER
    Building Information
    • Stories: 2
    • Residences: 6
    • Year Built: 1934
    • Lot Size: 0.20 AC / 8,784 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces
    • Open Parking Spaces: 7.0
    Location and General Information
    • Frontage Type: City Street
    • Geographic Locale: Chicago West
    • Information: Listing Agent Must Accompany
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air
    • Electric: Circuit Breakers
    • # Of Washers: 0
    • Heat/Ventilation: Forced Air,Gas
    • # Of Window/Ac: 0
    • # Of Refrigerators: 0
    • Washer/Dryer Lsd: No
    • # Of Dryers: 0
    • # Of Disposals: 0
    • # Of Dishwashers: 0
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 3
    • Water Drainage: Storm Sewers
    Utilities / Equipment
    • Utilities: Electric to Site, Gas to Site, Water to Site
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Air Conditioning, Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 72X121.60
    • Lot Size Square Feet: 8784.0
    • Stories: 2
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Type: Tar and Gravel
    • Roof Structure: Flat
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 9965
    • # Of Offices: 3
    • # Of Ranges: 0
    • # Of Stores: 3
    • MRD_UNC: Yes
    Property and Assessments
    • Possible Use: Commercial, Retail
    • Photos Count: 2
    Miscellaneous
    • Current Use: Commercial
    • Location: Mixed Use Area,Public Transport Avail
    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: $.00
    • Gross Scheduled Income: $.00
    • Insurance Expense: $.00
    • Insurance Expense Source: Owner Projection
    • Other Expense Source: Owner Projection
    • Total Monthly Income: 0
    • Net Operating Income: $.00
    • Operating Expense: $.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 2874 West Cermak Road

    DateEvent & SourcePriceAppreciation
    Mar 21, 2013

    Sold

    MRED #08224205

    $287,525
    Jan 7, 2013

    Listed (Active)

    MRED #08224205

    $120,000
    Sep 8, 2011

    Cancelled

    MRED #07668520

    $485,000
    DateEvent & SourcePrice
    03/21/2013

    Sold

    MRED #08224205

    $287,525
    01/07/2013

    Listed (Active)

    MRED #08224205

    $120,000
    09/08/2011

    Cancelled

    MRED #07668520

    $485,000

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

    Schools near 2874 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 - 9 to 12
    Rating
    School
    Distance
    Hammond Elementary School
    PublicPK to 8

    Farragut Career Academy High School
    Public9 to 12

    Saucedo Elementary Scholastic Academy
    PublicPK to 8

    Latino Youth Alternative High School
    Charter9 to 12

    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.

    Neighborhood Map and Transit

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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 Fine and Company LLC

    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 04:36 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.