Chicago, IL 60623 4209 W Cermak Road

4209 W Cermak Road Chicago, IL - Image 14209 W Cermak Road Chicago, IL - Image 24209 W Cermak Road Chicago, IL - Image 3
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4209 W Cermak Road Chicago, IL - Image 44209 W Cermak Road Chicago, IL - Image 54209 W Cermak Road Chicago, IL - Image 6
Presented By: Chicagoland Brokers Inc.
  • MLS# 12108574
  • 07/19/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.

Home Details

Prime Mixed-Use Property with Exceptional Investment Potential. Introducing an outstanding mixed-use property package located in the highly desirable Southwest Chicago area. This offering includes two well-maintained buildings situated in a high-traffic location, perfect for maximizing visibility and income potential. Property Highlights Dual-Building Package: Versatile Storefront: The first floor of both buildings features a shared, expansive storefront space currently utilized as a church. This space offers significant flexibility for various commercial uses, making it an ideal setting for retail, office space, or other business ventures. Residential Units: Building One: Houses two large apartments, each with three bedrooms, providing ample living space and rental income opportunities. Building Two: Features a spacious four-bedroom apartment, further enhancing the property's residential appeal and rental potential. Additional Features: High-Traffic Location: Situated in a bustling area, ensuring excellent exposure and accessibility for both commercial and residential tenants. Well-Maintained: Both buildings have been diligently cared for, reflecting the pride of ownership and attention to detail. This prime mixed-use property presents a unique investment opportunity, offering a blend of commercial and residential spaces that cater to a diverse range of tenants. With its strategic location and versatile layout, the potential for income growth and property appreciation is substantial. For more information or to arrange a viewing, please contact us. Don't miss this chance to invest in a property that combines excellent cash flow, strong growth potential, and a prime location in Southwest Chicago.
Presented By: Chicagoland Brokers Inc.

General for 4209 W Cermak Road

Additional Parcels Y/NYes
CityChicago
CoolingWindow Unit(s)
CountyCook
Days on Market52
DirectionsWest on Cermak to address 4209
ElectricCircuit Breakers
Electric Expense1080
Fuel Expense2520
Gross Income75600
Insurance Expense2200
Lot Size Square Feet2875
MLS AreaConfidential Commercial Listings
Net Operating Income61988
NumberOfUnitsTotal4
Operating Expense13612
Possible UseCommercial, Multi-Family
Property SubTypeApts/Stores
Property TypeCommercial Sale
Property TypeMixed Use
RoofMembrane
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount1806.5
Tax Year2023
Tenant PaysElectricity, Heat
Total Actual Rent5300
Trash Expense0
Water Sewer Expense2998
Year Built1928

Exterior for 4209 W Cermak Road

ExteriorBrick
Frontage TypeCity Street
Lot Dimensions25X115

Additional Details

Price History

Worth Clark

Price $530,000
MLS#12108574
List Date 07/19/2024
Property Type Commercial
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