4239 W Cermak Rd

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

All on one lot sits a apartment building with commercial space that provides a unique opportunity for the new or savvy investor. The lot houses 5 apartments and 1 commercial space over 2400 sq. feet. The lot houses 5 apartments and 1 commercial space over 2400 sq. feet (2) 2 bedrooms and (3) 1 bedroom apartments all rented with the exception of one apartment. Two of the units were recently renovated in 2017 along with newly constructed back porches done with permits and meets the City of Chicago...All on one lot sits a apartment building with commercial space that provides a unique opportunity for the new or savvy investor. The lot houses 5 apartments and 1 commercial space over 2400 sq. feet. The lot houses 5 apartments and 1 commercial space over 2400 sq. feet (2) 2 bedrooms and (3) 1 bedroom apartments all rented with the exception of one apartment. Two of the units were recently renovated in 2017 along with newly constructed back porches done with permits and meets the City of Chicago standards. BONUS on same lot under same pin is a commercial space that has been gutted to the studs. The possibilities for the commercial space is unlimited how about a banquet hall, restaurant or church; formerly was a bar and grill. This property awaits your vision. Positive cash flow and rents are below market price.

    Sold By Tapia Realty, Inc.

    Property Details for 4239 West Cermak Road

    Area
    CHI - North Lawndale
    Num Of Parking Spaces
    0.0
    Num of Interior Fireplaces
    4
    LISTING CLOSED: 12/23/2020 12:00 AM

    Property Details for 4239 West Cermak Road

    StatusClosed
    MLS #10894846
    Days on Market7
    Taxes$8,473 / year
    HOA Fees-
    Condo/Co-op Fees-
    Property TypeMulti Family
    MLS TypeMulti Family 5+ / Multi Family 5+-Other
    Year Built1927
    Lot Size0.11 AC / 4,791 SF
    CountyCook County
    Add your commute

    Building Information for 4239 West Cermak Road

    Stories2Residences6Year Built1927Building Size-Lot Size0.11 AC / 4,791 SF

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    OriginPoint Mortgage or Rocket Mortgage1

    $2,190 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $1,484

    Property Taxes

    $706

    HOA Dues

    $0

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    Property Information for 4239 West Cermak Road

    General Information
    Location and General Information
    • Information: 24-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • # Of Washers: 0
    • Basement Description: Partially Finished, Exterior Access
    • Heat/Ventilation: Forced Air,Gas
    • # Of Window/Ac: 2
    • # Of Refrigerators: 4
    • # Of Dryers: 0
    • # Of Disposals: 0
    • # Of Dishwashers: 0
    • Num of Baths: 0.0
    Property/Lot Information
    • Tenant Pays: Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Other
    • Lot Dimensions: 38.65 X 125
    • Stories: 2
    • # Of Ranges: 4
    Property and Assessments
    • Public Document Count: 1
    • Document Date: 2020-10-11T14:17:32
    • Photos Count: 11
    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: $5,750.00
    • Gross Scheduled Income: $69,000.00
    • Insurance Expense: $.00
    • Maintenance Expense: $.00
    • Janitor Expense: 0
    • Total Monthly Income: 2750
    • Water Expense Source: Owner Projection
    • Net Operating Income: $.00
    • Operating Expense: $2,400.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $2,400.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 1: 5
    • # Of Full Bthrms - Type 1: 1
    • Monthly Income - 1: 750
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 2: 5
    • # Of Full Bthrms - Type 2: 1
    • Monthly Income - 2: 750
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 3: 5
    • # Of Full Bthrms - Type 3: 1
    • Monthly Income - 3: 750
    • Monthly Income Max - 3: 1000
    Unit 4
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 4: 6
    • # Of Full Bthrms - Type 4: 1
    • Monthly Income - 4: 850
    • Monthly Income Max - 4: 1200
    Unit 5
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 5: 6
    • # Of Full Bthrms - Type 5: 1
    • Monthly Income - 5: 850
    • Monthly Income Max - 5: 1200
    Unit 6
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 1
    • # Of Full Bthrms - Type 6: 1
    • Monthly Income - 6: 3000
    • Monthly Income Max - 6: 4000
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 7: 0
    • Monthly Income - 7: 0

    Property History for 4239 West Cermak Road

    DateEvent & SourcePriceAppreciation
    Dec 23, 2020

    Sold

    MRED #10894846

    $292,000
    Dec 23, 2020

    Sold

    MRED #10894902

    $292,000
    Nov 24, 2020

    Sold (Public Record)

    Public Record #1451437370

    $292,000
    DateEvent & SourcePrice
    12/23/2020

    Sold

    MRED #10894846

    $292,000
    12/23/2020

    Sold

    MRED #10894902

    $292,000
    11/24/2020

    Sold (Public Record)

    Public Record #1451437370

    $292,000

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

    Public Records for 4239 West Cermak Road

    Taxable ValueLand$11,154Additions$58,621Total$69,775
    Tax Record2023$10,806 ($901 / month)
    Home Facts
    Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories2Lot Size4,820 SqFtStyleMulti-Family Res (5+ Units)Year Built1926CountyCOOKAPN16-27-203-001

    Schools near 4239 West Cermak Road

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

    Infinity Math Science & Tech High School
    Public9 to 12

    KIPP Chicago Chrtrs - Ascend Acad
    CharterK to 8

    YCCS-CCA Academy HS
    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.

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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.

    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 10:09 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.