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

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.

    Sold By United Real Estate - Chicago

    Property Details for 8507 Cermak Road

    Area
    North Riverside
    Num Of Parking Spaces
    5.0
    Air Conditioning Type
    Central Air
    Num of Interior Fireplaces
    0
    Zoning
    MULTI
    LISTING CLOSED: 06/18/2021 12:00 AM

    Property Details for 8507 Cermak Road

    StatusClosed
    MLS #11061743
    Days on Market16
    Taxes$8,333 / year
    HOA Fees-
    Condo/Co-op Fees-
    Property TypeMulti Family
    MLS TypeMulti Family 5+ / Flats
    Year Built1958
    Lot Size0.10 AC / 4,280 SF
    CountyCook County
    Add your commute

    Building Information for 8507 Cermak Road

    Stories2Residences5Year Built1958Building Size-Lot Size0.10 AC / 4,280 SF

    Payment Calculator

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    OriginPoint Mortgage or Rocket Mortgage1

    $3,846 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $3,151

    Property Taxes

    $694

    HOA Dues

    $0

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    Property Information for 8507 Cermak Road

    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.