Cook, US
All on one lot sits a residential building with commercial space that provides a unique opportunity for the new or savvy investor. The lot houses 5 leasable (2) 2-bedrooms and (3) 1-bedroom apartments. With proper zoning garden unit can be rented making this 5-apartment building very financially attractive. Two of the units were recently renovated in 2017 along with newly constructed back porch that meets the City of Chicago standards. BONUS housed on the same lot is a 2,400 square foot commercial space totally gutted to the studs/brick walls. The possibilities are unlimited perhaps a banquet hall or retail space; formerly a bar/restaurant. This property is awaiting your vision. This well maintained and positive cash flow property is waiting for you.
Courtesy Of: Coldwell Banker Realty
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 11/01/2019
Interior Features
- Agent Owned/Interest:
- No
Exterior Features and Amenities
- Area:
- CHI - North Lawndale
- Lot Dimensions:
- 38.56 X 125
- Exterior Building Type:
- Brick
Financial
- Listing Type:
- Exclusive Right To Sell
- Update Date:
- 2020-06-07T05:05:48
- Sale Terms:
- Conventional,Cash Only
- Taxes:
- 8329.25
- Status Date:
- 2020-06-07T05:05:48
- Market Time:
- 406
- Listing Market Time:
- 254
- Last List Price:
- 290000
- List Date Received:
- 2019-11-01T19:02:33
- Gross Rental Income:
- $2,750.00
- Cooperative Compensation:
- AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT. FOR COMMERCIAL LEASE PROPERTIES, NET COMPENSATION MAY BE PAID ON NEGOTIATED VA
Other Features
- Back on Market Date:
- 2020-06-01T05:00:00
- Approx Year Built:
- 1911
- Township:
- West Chicago
- Are any property photos virtually staged?:
- No
- Virtual Tour Date:
- 2019-11-01T19:30:01
Directions
TAKE CERMAK EAST FROM CICERO AND WEST FROM PULASKI RD. COMMERCIAL BUILDING SITS ON THE CORNER OF CERMAK AND THE RESIDENTIAL APARTMENT BUILDING SITS ON KILDARE
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Data last updated: 2025-12-19.
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