6905 Cermak Rd

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

Description

Great opportunity to own this brick mixed-used building with tons of potential! Amazing Cermak Rd exposure with traffic counts of 38,000 VPD and Signage Possibilities! The building consists of 2 storefronts (Unit A, vacant and Unit B, leased) and 2 apartments (Unit 2E, 2 BED/2BATH vacant and Unit 2W, 1BED/1BATH - leased). Unit A used to be a doctor's office, currently listed for lease at $1400/month. Unit B is a beauty salon, currently rented at $1350/month with the lease . Apartments: Unit 2E is...Great opportunity to own this brick mixed-used building with tons of potential! Amazing Cermak Rd exposure with traffic counts of 38,000 VPD and Signage Possibilities! The building consists of 2 storefronts (Unit A, vacant and Unit B, leased) and 2 apartments (Unit 2E, 2 BED/2BATH vacant and Unit 2W, 1BED/1BATH - leased). Unit A used to be a doctor's office, currently listed for lease at $1400/month. Unit B is a beauty salon, currently rented at $1350/month with the lease . Apartments: Unit 2E is currently listed for rent at $1250/month and unit 2W is leased at $850/month.. All rents are below the market value! The apartments have radiators for heat and window unit for A/C. The storefronts have central air and heat. Huge potential for improvement. Come see in person, pictures don't give justice! Selling on As-Is Conditions Buyer responsible for all city repairs
  1. Listed by Jorge Mariscal • RE/MAX Partners
    P: (708)-296-7857 C: (708)-296-7857 acfuturehomes@yahoo.com

Sold By Realty of Chicago LLC

Property Details for 6905 Cermak Road

Area
Berwyn
Num Of Parking Spaces
2.0
Air Conditioning Type
Central Air, Window Unit(s)
Zoning
COMMR
LISTING CLOSED: 07/19/2023 12:00 AM

Property Details for 6905 Cermak Road

StatusClosed
MLS #11770845
Days on Market48
Taxes$11,483 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial Sale
Year Built1964
Lot Size0.07 AC / 3,250 SF
CountyCook County

Location

Add your commute

Building Information for 6905 Cermak Road

Stories2Residences4Year Built1964Lot Size0.07 AC / 3,250 SF

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Principal and Interest

$1,855

Property Taxes

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Property Information for 6905 Cermak Road

General Information
Location and General Information
  • Geographic Locale: Southwest Suburban
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Forced Air,Gas,Radiators
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 26X125
  • Lot Size Square Feet: 3250.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Fire Protection: Alarm Monitored,Alarm On Site,Sprinklers,Carbon Monoxide Detector(s)
  • # Of Offices: 2
  • Office SqFt: 1000
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 1
  • Document Date: 2023-06-10T02:59:12
  • Photos Count: 29
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $57,840.00
  • Gross Scheduled Income: $26,040.00
  • Insurance Expense: $.00
  • Total Monthly Income: 4820
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 6905 Cermak Road

DateEvent & SourcePriceAppreciation
Jul 19, 2023

Sold

MRED #11770845

$365,000
Jul 17, 2023

Sold (Public Record)

Public Record #1515354042

$365,000
Jun 15, 2023

Pending

MRED #11770845

DateEvent & SourcePrice
07/19/2023

Sold

MRED #11770845

$365,000
07/17/2023

Sold (Public Record)

Public Record #1515354042

$365,000
06/15/2023

Pending

MRED #11770845

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

Public Records for 6905 Cermak Road

Taxable ValueLand$3,758Additions$35,242Total$39,000
Tax Record2023$13,942 ($1,162 / month)
Home Facts
Baths3Total Finished SqFt3,876 SqFtAbove Grade Finished SqFt3,876 SqFtStories2Lot Size3,068 SqFtStyleMulti-Family Res (5+ Units)Year Built1966CountyCOOKAPN16-30-102-009

Schools near 6905 Cermak Road

This home is within J S Morton Hsd 201 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Piper School
PublicK to 5

Freedom Middle School
Public6 to 8

J Sterling Morton West High School
Public9 to 12

J Sterling Morton Alternative School
Public9 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.

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 07/19/2023 03:28 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.