Sold
Last Sold Price
3028 W Cermak Rd, Chicago, IL 60623
Mixed UseProperty Type
3,050 sq ftLot Size
1898Year Built

Description

Fantastic Location! on busy Cermak Road. Five unit mixed used gray stone building. 4 apts, 2-3 bedrooms, 2-2 bedrooms and one store front. Full basement, separate heat and newer porch. Building has great income potential. All contracts are subject to lender approval. Sold "as is". Short SaleFantastic Location! on busy Cermak Road. Five unit mixed used gray stone building. 4 apts, 2-3 bedrooms, 2-2 bedrooms and one store front. Full basement, separate heat and newer porch. Building has great income potential. All contracts are subject to lender approval. Sold "as is". Short Sale

    Sold By Mason Realty

    • Listed by: Vicente 773.929.1200 ray@nellycorprealty.com • Nelly Corp Realty
    Listing closed: 06/04/2015 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 08891717

    Recent comparable sales

    Median sold price

    $200,000

    Avg days on market

    82

    Sale-to-list ratio

    87.0%

    Chicago, IL

    9 comparable properties found

    $195,000 | 1640 South Pulaski Road, Chicago, IL 60623
    1/25
    1

    $195,000

    Sold 04/04/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a front view of a building
    1/8
    2

    $210,000

    Sold 10/10/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.05
    Acres
    a view of a house with a fence
    1/19
    3

    $227,500

    Sold 10/30/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a front view of a house with a entrance
    1/18
    4

    $195,000

    Sold 05/30/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $228,000 | 320-322 South Spaulding Avenue, Chicago, IL 60624
    1/33
    5

    $228,000

    Sold 04/30/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.15
    Acres
    a sign on the side of a building
    1/24
    6

    $133,000

    Sold 10/11/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.03
    Acres
    $172,500 | 3822 West Madison Street, Chicago, IL 60624
    1/31
    7

    $172,500

    Sold 05/30/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.10
    Acres
    a view of street with parked cars
    1/22
    8

    $235,000

    Sold 06/04/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.08
    Acres
    a view of a brick building next to a yard
    1/11
    9

    $200,000

    Sold 03/10/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.25
    Acres

    Location

    Add your commute

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    30 year fixed, 6.55% Interest

    Principal and Interest

    $961

    Property Taxes

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    HOA Dues

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    Property Information for 3028 West Cermak Road

    Property Details
    • Taxes: $3,643 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: CHI - South Lawndale
    • Township: WEST CHICAGO
    • Air Conditioning Type: Central Air, Office Only
    • Zoning: COMMR
    Building Information
    • Stories: 3
    • Residences: 5
    • Year Built: 1898
    • Lot Size: 0.07 AC / 3,050 SF
    General Information
    Addtl Parking Information
    • Open Parking Spaces: 0.0
    Location and General Information
    • Geographic Locale: Chicago Southwest
    • Information: Short Sale
    • Postal Code Plus 4: 3417
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air, Office Only
    • Heat/Ventilation: Forced Air
    • Misc Inside: Basement
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 4
    Property/Lot Information
    • Tenant Pays: Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 22X127X28X127
    • Lot Size Square Feet: 3050.0
    • Stories: 3
    • Exterior Building Type: Brick
    • # Of Offices: 0
    • # Of Stores: 1
    • MRD_UNC: No
    Property and Assessments
    • Photos Count: 13
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 5
    Income & Expenses
    • Electric Expense: $780.00
    • Fuel Expense: $648.00
    • Gross Income: $4,450.00
    • Gross Scheduled Income: $53,400.00
    • Insurance Expense: $4,332.00
    • Expense Year: 2012
    • Total Annual Expense Source: Actual
    • Total Monthly Income: 4450
    • Net Operating Income: $37,524.00
    • Operating Expense: $15,876.00
    • Other Expense: $2,280.00
    • Trash Expense: $.00
    • Water Sewer Expense: $2,616.00

    Property History for 3028 West Cermak Road

    DateEvent & SourcePriceAppreciation
    Jun 4, 2015

    Sold

    MRED #08891717

    $189,000
    Jun 2, 2015

    Sold (Public Record)

    Public Record #550479831

    $189,000

    -4.8% / yr

    May 11, 2015

    Pending

    MRED #08891717

    DateEvent & SourcePrice
    06/04/2015

    Sold

    MRED #08891717

    $189,000
    06/02/2015

    Sold (Public Record)

    Public Record #550479831

    $189,000

    -4.8% / yr

    05/11/2015

    Pending

    MRED #08891717

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

    Public Records for 3028 West Cermak Road

    Taxable ValueLand$4,423Additions$35,035Total$39,458
    Tax Record2023$4,408 ($367 / month)
    Home Facts
    Beds8Baths5Total Finished SqFt5,561 SqFtAbove Grade Finished SqFt5,561 SqFtStories3Lot Size3,050 SqFtStyleMiscellaneous ResidentialYear Built1901Year Renovated1903ZoningB3-2CountyCOOKAPN16-24-312-037-0000

    Schools near 3028 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
    Public - 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

    Spry Community Links High School
    Public9 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.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 3028 West Cermak Road, Chicago, IL 60623
    $189,000
    3,050
    3,900
    3,050
    1,500
    $295,000
    6,000
    $223,200
    3,125
    3,642
    3,050

    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 Nelly Corp Realty

    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 04:41 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.