$ 520,000
4209 W Cermak RD Chicago, IL 60623
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 520,000
Est. payment /mo
Price Dropped by $10K
4209 W Cermak RD Chicago, IL 60623
UPDATED:
10/20/2024 05:06 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12108574
Year Built 1928
Annual Tax Amount $1,806
Tax Year 2023
Lot Dimensions 25X115
Property Description
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.
Location
State IL
County Cook
Area Chi - North Lawndale
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Membrane
Building
Dwelling Type Mixed Use
Level or Stories 3
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tolio Sanchez • Chicagoland Brokers Inc.
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