4309 W Cermak Rd

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

Description

This mixed-use property is ready for a new owner who wants to do a little work and rent the commercial space for personal business or rent out. 3 out of 4 apartments are currently rented. Near transportation.This mixed-use property is ready for a new owner who wants to do a little work and rent the commercial space for personal business or rent out. 3 out of 4 apartments are currently rented. Near transportation.
  1. Listed by Bertina Power • Engel & Voelkers Chicago
    P: (773)-719-8720 bertina.power@evrealestate.com

Sold By Realty of Chicago LLC

Property Details for 4309 West Cermak Road

Area
CHI - North Lawndale
Num Of Parking Spaces
0.0
Air Conditioning Type
None
LISTING CLOSED: 08/31/2023 12:00 AM

Property Details for 4309 West Cermak Road

StatusClosed
MLS #11785767
Days on Market86
Taxes$3,026 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial Sale
Year Built1926
Lot Size0.14 AC / 6,250 SF
CountyCook County
Add your commute

Building Information for 4309 West Cermak Road

Stories2Residences6Year Built1926Lot Size0.14 AC / 6,250 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,726 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,474

Property Taxes

$252

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 4309 West Cermak Road

General Information
Location and General Information
  • Geographic Locale: Chicago West
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Radiators
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 4
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 50X 125
  • Lot Size Square Feet: 6250.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • # Of Offices: 0
  • # Of Stores: 2
  • Property Sub Type: Apts/Stores
Property and Assessments
  • 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: 6
Income & Expenses
  • Electric Expense: $780.00
  • Fuel Expense: $.00
  • Gross Income: $45,600.00
  • Gross Scheduled Income: $30,000.00
  • Insurance Expense: $6,500.00
  • Electric Expense Source: Owner Projection
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 3600
  • Water Expense Source: Owner Projection
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $2,200.00

Property History for 4309 West Cermak Road

DateEvent & SourcePriceAppreciation
Aug 31, 2023

Sold

MRED #11785767

$290,000
Aug 29, 2023

Sold (Public Record)

Public Record #1518784096

$290,000
Aug 9, 2023

Pending

MRED #11785767

DateEvent & SourcePrice
08/31/2023

Sold

MRED #11785767

$290,000
08/29/2023

Sold (Public Record)

Public Record #1518784096

$290,000
08/09/2023

Pending

MRED #11785767

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

Public Records for 4309 West Cermak Road

Taxable ValueLand$7,208Additions$23,792Total$31,000
Tax Record2023$3,175 ($265 / month)
Home Facts
Baths6.5Total Finished SqFt5,972 SqFtAbove Grade Finished SqFt5,972 SqFtStories2Lot Size4,971 SqFtStyleMulti-Family Res (5+ Units)Year Built1924CountyCOOKAPN16-27-201-008

Schools near 4309 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.

Neighborhood Map and Transit

Similar Homes

Nearby off-market homes

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 Engel & Voelkers 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 08/31/2023 09:43 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.