Sold
Last Sold Price
3112 W Cermak Rd, Chicago, IL 60623
Mixed UseProperty Type
0.11 acresLot Size
1901Year Built

Description

Long-time owner looking to sell to the right buyer. There is plenty of potential for increasing the income of this property-long-time tenants with low rental fees and the tenants paying their utility fees.Long-time owner looking to sell to the right buyer. There is plenty of potential for increasing the income of this property-long-time tenants with low rental fees and the tenants paying their utility fees.

    Sold By Balanoff Realty

    • Listed by: Joseph Perez 312.296.7781 jperez@bhhschicago.com • Berkshire Hathaway HomeServices Chicago
    Listing closed: 07/01/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12192615

    Location

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    $2,825 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,455

    Property Taxes

    $371

    HOA Dues

    $0

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    Property Information for 3112 West Cermak Road

    Property Details
    • Taxes: $4,446 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: CHI - South Lawndale
    • Air Conditioning Type: None
    • Zoning: COMMR
    Building Information
    • Stories: 3
    • Residences: 5
    • Year Built: 1901
    • Lot Size: 0.11 AC / 4,960 SF
    General Information
    Location and General Information
    • Geographic Locale: Chicago West
    • Information: 24-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: None
    • Electric: Service - 0 to 100 Amps
    • Heat/Ventilation: Forced Air
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 4
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 25 X 118
    • Lot Size Square Feet: 4960.0
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Type: Rubber
    • Fire Protection: Alarm On Site,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
    • Roof Structure: Flat
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 2880
    • # Of Offices: 0
    • Retail SqFt: 900
    • # Of Stores: 1
    • Property Sub Type: Mixed Use
    Property and Assessments
    • Buyer Financing: Conventional
    • Public Document Count: 0
    • Photos Count: 1
    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: $.00
    • Fuel Expense: $.00
    • Gross Income: $61,800.00
    • Gross Scheduled Income: $54,600.00
    • Insurance Expense: $2,000.00
    • Insurance Expense Source: Broker Projection
    • Total Monthly Income: 4550
    • Other Expense: $.00
    • Trash Expense: $500.00
    • Water Sewer Expense: $1,000.00

    Property History for 3112 West Cermak Road

    DateEvent & SourcePriceAppreciation
    Jul 1, 2025

    Sold (Public Record)

    Public Record #1910164607

    $475,000
    Jul 1, 2025

    Sold

    MRED #12192615

    $475,000
    Apr 8, 2025

    Pending

    MRED #12192615

    DateEvent & SourcePrice
    07/01/2025

    Sold (Public Record)

    Public Record #1910164607

    $475,000
    07/01/2025

    Sold

    MRED #12192615

    $475,000
    04/08/2025

    Pending

    MRED #12192615

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

    Public Records for 3112 West Cermak Road

    Taxable ValueLand$4,176Additions$31,824Total$36,000
    Tax Record2023$4,446 ($370 / month)
    Home Facts
    Baths5Total Finished SqFt4,968 SqFtAbove Grade Finished SqFt4,968 SqFtStories3Lot Size2,880 SqFtStyleMulti-Family Res (5+ Units)Year Built1901CountyCOOKAPN16-24-311-027

    Schools near 3112 West Cermak Road

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

    Farragut Career Academy High School
    Public9 to 12

    Spry Community Links High School
    Public9 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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    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 Berkshire Hathaway HomeServices Chicago

    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 07/17/2025 02:19 PM. 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.