Address
3142 W Cermak Road, Chicago, IL
Price
$ 995,000
Property Attributes
  • MLS#12644637
  • TypeCommercial
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - South Lawndale
  • NeighborhoodLittle Village
  • Zip60623
  • Style
  • Year Built1894
  • Taxes$ 9880
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7496
  • Lot Size0.073554 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Beautiful large Greystone building that has been fully renovated and meticulously maintained. The property is currently fully occupied with a great mix of units including two 2bed/1bath units, two 3bed/1bath units and the top floor non-conforming unit encompasses the entire floor and is built-out as with 6 separate private bedrooms, 3 showers, 3 private bathrooms, a large kitchen and living room. There is a garage in the rear of the property generating additional income.

Price History
5/11/2026 Listed $995,000

General Features

Cooling Central Air,Central Individual,Window Unit(s)
Zoning COMMR
Construction Materials Brick,Stone
Year Built 1894
Electric Circuit Breakers,Separate Meters
Tenant Pays Electricity,Heat,Varies by Tenant
Stories Count 4
Township West Chicago
Property Subtype Mixed Use
Tax Year 2024
Gross Income 135600
County Cook
Net Operating Income 92859
Property Type Commercial Sale
Status Active
Directions Cermak & Kedzie - east to 3142 on the North Side of the Street
City Chicago
Number Of Units Total 7
MLS Area CHI - South Lawndale
Lot Size Square Feet 3204
Tax Annual Amount 9880.91
Additional Parcels Y/N No
Standard Status Active
Property Type Mixed Use
Cap Rate 9.33

Exterior Features

Building Area Total 7496
Lot Dimensions 25 X 128

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60623

Price
AVG $330K
$1,000K
Taxes
AVG $12,544
$9,880
Year Built
AVG 1929
1894
Visits
AVG 288
312
Data Provided by Inside Real Estate®

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