Sold
Last Sold Price
5717 W Cermak Rd, Cicero, IL 60804
Mixed UseProperty Type
2,825 sq ftLot Size
1936Year Built

Description

Welcome to this prime mixed-use property located on the bustling Cermak Road in Cicero, Illinois. With approximately 10,000 cars passing by daily, this property offers unparalleled visibility and accessibility, making it an ideal investment for both business owners and investors alike. Situated prominently on Cermak Road, ensuring high exposure and foot traffic, perfect for retail or service-oriented businesses. Brick construction with two units:Ground Floor: Currently utilized as a beauty school,...Welcome to this prime mixed-use property located on the bustling Cermak Road in Cicero, Illinois. With approximately 10,000 cars passing by daily, this property offers unparalleled visibility and accessibility, making it an ideal investment for both business owners and investors alike. Situated prominently on Cermak Road, ensuring high exposure and foot traffic, perfect for retail or service-oriented businesses. Brick construction with two units:Ground Floor: Currently utilized as a beauty school, featuring central air conditioning and central business zoning. This space includes three bathrooms and is well-suited for various business ventures. Residential unit with two bedrooms, an eat-in kitchen, hardwood floors, newer windows, and gas hot water heating. Ideal for an owner-operator or as additional rental income. Detached two-car garage providing secure parking or additional storage space. Approximately 3,292 square feet including a fully finished basement, offering ample space for operations or storage. Fenced-in yard, providing privacy and potential outdoor seating or recreational area. Perfect for entrepreneurs looking to start a new business with existing infrastructure or expand their current operations. Dual income potential from both commercial and residential units, maximizing return on investment. Located in a vibrant neighborhood with proximity to schools, shops, and public transportation, enhancing its appeal to tenants and customers. This property presents a rare opportunity to own a versatile mixed-use building in a prime location. Whether you're looking to establish a new business, expand your portfolio, or secure rental income, contact us today to schedule a showing and explore the potential of this unique investment.

    Sold By @UR Service Realty Inc

    • Listed by: Michael Scola 708.387.3165 SCOLAREMAX@AOL.COM • RE/MAX Partners
    Listing closed: 10/29/2024 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12102077

    Location

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    Principal and Interest

    $1,602

    Property Taxes

    $677

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    Property Information for 5717 West Cermak Road

    Property Details
    • Taxes: $8,119 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: Cicero
    • Township: Cicero
    • Air Conditioning Type: Central Air
    • Zoning: MULTI
    Building Information
    • Stories: 2
    • Residences: 2
    • Year Built: 1936
    • Lot Size: 0.06 AC / 2,825 SF
    General Information
    Addtl Parking Information
    • Indoor Parking: 1-5 Spaces
    • Outdoor Parking: 6-12 Spaces
    Location and General Information
    • Geographic Locale: South Suburban
    • Information: Short Notice OK
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air
    • Electric: Service - 101 to 200 Amps
    • Flooring: Concrete, Vinyl
    • Heat/Ventilation: Central Heat/Indiv Controls
    • Misc Inside: Common Lunchroom/s,Common Meeting Room/s,Multi-Tenant,Private Restroom/s,Storage Inside,Laundry Room
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 1
    Property/Lot Information
    • Tenant Pays: Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 25X125
    • Lot Size Square Feet: 2825.0
    • Stories: 2
    • Exterior Building Type: Brick
    • Construction: Brick
    • Fire Protection: Alarm Monitored,Alarm On Site,Fire Extinguisher/s,Carbon Monoxide Detector(s)
    • Roof Structure: Flat
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 3292
    • # Of Offices: 1
    • Other SqFt: 1646
    • Retail SqFt: 1646
    • # Of Stores: 1
    • Property Sub Type: Mixed Use
    Property and Assessments
    • Buyer Financing: Conventional
    • Public Document Count: 0
    • Photos Count: 21
    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: $3,421.00
    • Fuel Expense: $1,559.00
    • Gross Income: $.00
    • Gross Scheduled Income: $.00
    • Insurance Expense: $.00
    • Total Monthly Income: 0
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $2,159.00

    Property History for 5717 West Cermak Road

    DateEvent & SourcePriceAppreciation
    Oct 29, 2024

    Sold

    MRED #12102077

    $310,000
    Oct 28, 2024

    Sold (Public Record)

    Public Record #1543953367

    $310,000
    Aug 1, 2024

    Pending

    MRED #12102077

    DateEvent & SourcePrice
    10/29/2024

    Sold

    MRED #12102077

    $310,000
    10/28/2024

    Sold (Public Record)

    Public Record #1543953367

    $310,000
    08/01/2024

    Pending

    MRED #12102077

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

    Public Records for 5717 West Cermak Road

    Taxable ValueLand$3,037Additions$20,963Total$24,000
    Tax Record2023$8,119 ($677 / month)
    Home Facts
    Baths4.5Total Finished SqFt3,292 SqFtAbove Grade Finished SqFt3,292 SqFtStories2Lot Size2,825 SqFtStyleMulti-Family Res (5+ Units)Year Built1936CountyCOOKAPN16-29-204-013

    Schools near 5717 West Cermak Road

    This home is within J S Morton Hsd 201 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 6
    Public - 7 to 8
    Public - 9
    Public - 10 to 12
    Rating
    School
    Distance
    Woodrow Wilson Elementary School
    PublicK to 6

    Unity Jr High School
    Public7 to 8

    J Sterling Morton Freshman Center
    Public9

    J Sterling Morton East High School
    Public10 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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    Listing Courtesy of RE/MAX Partners

    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 10/29/2024 02:49 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.