Sold
Last Sold Price
10 beds
8507 Cermak Rd, North Riverside, IL 60546
Multi FamilyProperty Type
4,280 sq ftLot Size
1958Year Built
5 carsParking Spaces

Description

Newly remodeled 5-unit brick building in great location, minutes from shopping and highway. Each unit feature a spacious living room, 2 good sized bedrooms, a bathroom, and a kitchen with eating area. Basement included storage locker for each unit and laundry area with washer and dryer. Updated plumbing and HVAC through out the building. 5 parking spaces located in the rear of the building.Newly remodeled 5-unit brick building in great location, minutes from shopping and highway. Each unit feature a spacious living room, 2 good sized bedrooms, a bathroom, and a kitchen with eating area. Basement included storage locker for each unit and laundry area with washer and dryer. Updated plumbing and HVAC through out the building. 5 parking spaces located in the rear of the building.
Listing closed: 06/18/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11061743

Location

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Property Taxes

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Property Information for 8507 Cermak Road

Property Details
  • Taxes: $8,333 / year
  • MLS Type: Multi Family 5+ / Flats
  • County: Cook County
  • Area: North Riverside
  • Air Conditioning Type: Central Air
  • Num of Interior Fireplaces: 0
  • Zoning: MULTI
Building Information
  • Stories: 2
  • Residences: 5
  • Year Built: 1958
  • Lot Size: 0.10 AC / 4,280 SF
General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • # Of Washers: 1
  • Basement Description: Unfinished
  • Heat/Ventilation: Central Heat/Indiv Controls,Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • Misc Inside: Storage Inside
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • Misc Outside: Security Lighting,Storms and Screens (as exist)
Utilities / Equipment
  • Utilities: Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water to Site
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 45 X 121
  • Lot Size Square Feet: 4280.0
  • Stories: 2
  • Exterior Building Type: Brick, Concrete, Block
  • Construction: Brick, Concrete, Block
  • Roof Type: Composition
  • Roof Structure: Gable,Hip
  • Foundation Details: Block, Brick/Mortar, Concrete Perimeter
  • Building Area Total: 3534
  • # Of Ranges: 5
Property and Assessments
  • Possible Use: Multi-Family
  • Documents Available: Tax Bill
  • Public Document Count: 0
  • Photos Count: 15
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Sidewalks,Cable Ready
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $360.00
  • Fuel Expense: $.00
  • Gross Income: $66,000.00
  • Gross Scheduled Income: $67,800.00
  • Insurance Expense: $2,900.00
  • Maintenance Expense: $450.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2020
  • Total Annual Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Net Operating Income Year: 2020
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 5650
  • Water Expense Source: Actual
  • Net Operating Income: $48,167.00
  • Operating Expense: $17,833.00
  • Other Expense: $150.00
  • Trash Expense: $1,440.00
  • Water Sewer Expense: $4,200.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 1: 4
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 1000
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 2: 4
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 1000
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 3: 4
  • # Of Full Bthrms - Type 3: 1
  • Monthly Income - 3: 1000
  • Monthly Income Max - 3: 1200
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: 4
  • # Of Full Bthrms - Type 4: 1
  • Monthly Income - 4: 1000
  • 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: 4
  • # Of Full Bthrms - Type 5: 1
  • Monthly Income - 5: 1000
  • Monthly Income Max - 5: 1200
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
  • Monthly Income - 6: 0
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 8507 Cermak Road

DateEvent & SourcePriceAppreciation
Jun 18, 2021

Sold

MRED #11061743

$620,000
May 7, 2021

Listed (Active)

MRED #11061743

$624,000
May 6, 2021

Pending

MRED #11061743

DateEvent & SourcePrice
06/18/2021

Sold

MRED #11061743

$620,000
05/07/2021

Listed (Active)

MRED #11061743

$624,000
05/06/2021

Pending

MRED #11061743

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

Public Records for 8507 Cermak Road

Taxable ValueLand$4,280Additions$56,720Total$61,000
Tax Record2023$14,657 ($1,221 / month)
Home Facts
Baths5Total Finished SqFt3,534 SqFtAbove Grade Finished SqFt3,534 SqFtStories2Lot Size4,280 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountyCOOKAPN15-26-105-033

Schools near 8507 Cermak Road

This home is within Komarek School District 94.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Komarek Elementary School
PublicPK to 8

Riverside Brookfield Twp High 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.

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 06/21/2021 10:31 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.