Sold
Last Sold Price
5113 W Cermak Rd, Cicero, IL 60804
Mixed UseProperty Type
0.09 acresLot Size
1904Year Built

Description

Great investment opportunity (10.8% CAP Rate). Recently remodeled, fully occupied, mixed-use building steps away from Cicero Town Hall. Newer windows, plumbing, electric, HVAC system. 1st floor feat. front desk area, work area, 2 private offices, kitchenette, bathroom. The storefront is occupied by an insurance company for 1,600/month and lease expires on Nov. 30, 2019. 2nd floor is a recently updated 3 bed/1 bath apartment. Rent is $1,250/month and lease expires on 5/31/19. Beautiful investment...Great investment opportunity (10.8% CAP Rate). Recently remodeled, fully occupied, mixed-use building steps away from Cicero Town Hall. Newer windows, plumbing, electric, HVAC system. 1st floor feat. front desk area, work area, 2 private offices, kitchenette, bathroom. The storefront is occupied by an insurance company for 1,600/month and lease expires on Nov. 30, 2019. 2nd floor is a recently updated 3 bed/1 bath apartment. Rent is $1,250/month and lease expires on 5/31/19. Beautiful investment property on Cermak Rd with great visibility and exposure; near shopping, transportation and I-290.

    Sold By Tapia Realty, Inc.

    • Listed by: Snezhina 312.388.1818 anna@dobrevacres.com;anna_dobreva@hotmail.com • Dobreva Commercial Inc
    • Listed by: Petya Krasteva 312.774.7277 pkrasteva@icloud.com • Dobreva Commercial Inc
    Listing closed: 11/08/2018 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09980016

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    Property Information for 5113 West Cermak Road

    Property Details
    • Taxes: $6,036 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: Cicero
    • Township: CICERO
    • Num Of Parking Spaces: 0.0
    • Air Conditioning Type: Central Air
    • Zoning: COMMR
    Building Information
    • Stories: 2
    • Residences: 2
    • Year Built: 1904
    • Lot Size: 0.09 AC / 3,750 SF
    General Information
    Location and General Information
    • Geographic Locale: East/West Corridor
    • Information: Listing Agent Must Accompany,48-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air
    • Electric: Circuit Breakers
    • Flooring: Wood
    • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
    • # Of Refrigerators: 1
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 1
    Utilities / Equipment
    • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
    Property/Lot Information
    • Tenant Pays: Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 30" X 125'
    • Lot Size Square Feet: 3750.0
    • Stories: 2
    • Roof Structure: Flat
    • Foundation Details: Other
    • Building Area Total: 2400
    • # Of Offices: 1
    • # Of Ranges: 1
    • # Of Stores: 0
    Property and Assessments
    • Possible Use: Commercial, Single Family
    • Photos Count: 25
    Miscellaneous
    • Current Use: Commercial, Other
    • Location: Mixed Use Area
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 2
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $34,200.00
    • Gross Scheduled Income: $34,200.00
    • Insurance Expense: $610.00
    • Electric Expense Source: Actual
    • Expense Year: 2018
    • Total Annual Expense Source: Actual
    • Fuel Expense Source: Broker Projection
    • Insurance Expense Source: Actual
    • Net Operating Income Year: 2018
    • Other Expense Source: Actual
    • Trash Expense Source: Actual
    • Total Monthly Income: 2850
    • Water Expense Source: Actual
    • Net Operating Income: $26,809.00
    • Operating Expense: $7,391.00
    • Other Expense: $.00
    • Trash Expense: $245.00
    • Water Sewer Expense: $500.00

    Property History for 5113 West Cermak Road

    DateEvent & SourcePriceAppreciation
    Nov 8, 2018

    Sold (Public Record)

    Public Record #634364277

    $249,000

    +14.6% / yr

    Nov 8, 2018

    Sold

    MRED #09980016

    $249,000—
    Jul 3, 2018

    Pending

    MRED #09980016

    —
    DateEvent & SourcePrice
    11/08/2018

    Sold (Public Record)

    Public Record #634364277

    $249,000

    +14.6% / yr

    11/08/2018

    Sold

    MRED #09980016

    $249,000
    07/03/2018

    Pending

    MRED #09980016

    —

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

    Public Records for 5113 West Cermak Road

    Taxable ValueLand$4,031Additions$14,807Total$18,838
    Tax Record2023$6,373 ($531 / month)
    Home Facts
    Baths2.5Total Finished SqFt2,112 SqFtAbove Grade Finished SqFt2,112 SqFtStories2Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1904CountyCOOKAPN16-28-200-011

    Schools near 5113 West Cermak Road

    This home is within J S Morton Hsd 201 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 3
    Public - 4 to 6
    Public - 7 to 8
    Public - 9
    Rating
    School
    Distance
    Cicero West Elementary School
    PublicPK to 3

    Cicero East Elementary School
    Public4 to 6

    Unity Jr High School
    Public7 to 8

    J Sterling Morton Freshman Center
    Public9

    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 Dobreva Commercial Inc

    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 05:49 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.