Address
2915 W Cermak Road, Chicago, IL
Price
$ 375,000
Property Attributes
  • MLS#12744369
  • TypeCommercial
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - South Lawndale
  • NeighborhoodLittle Village
  • Zip60623
  • StyleCommercial
  • Year Built1913
  • Taxes$ 8237
  • Price$ 375,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5760
  • Lot Size0.066116 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

(((!!BIG PRICE DROP IN LITTLE VILLAGE!!))) Great looking Mixed Use Property. Property consists of (1) large lightly renovated commercial space with ((14 ft ceilings)) that is currently occupied, and gets $1800 per month for rent with a lease for 2 years ending 01/2028. And (1) 1 bed 1 bath apartment currently occupied as well getting $1250 for rent with a lease ending 08/2026. The commercial space was lightly renovated and the following work was completed: New paint, New bathroom, Furnace was recently serviced, New LED lights installed throughout, Tuckpointed the rear of the building and Installed new tempered glass windows in the front. In the 1 bedroom 1 bathroom apartment the work that was completed is as follows: New paint, New hardwood floors, New plumbing, New bathroom sink, New toilet, New appliances and New kitchen sink. ((THERE'S NO PARKING)). There are a total of 1.5 bathrooms. The basement is a half basement, about 400 sq ft and it is unfinished.

Price History
8/27/2026 Listed $375,000

General Features

Cooling Central Air,Central Individual
Possession Closing
Zoning OFFIC
Construction Materials Brick
Year Built 1913
Electric Circuit Breakers
Tenant Pays Heat
Stories Count 1
Township West Chicago
Property Subtype Mixed Use
Tax Year 2024
Current Use Commercial
Gross Income 3050
County Cook
Net Operating Income 25963
Insurance Expense 2400
Property Type Commercial Sale
Possible Use Commercial,Office
Status Active
Directions California to Cermak,West to 2915
City Chicago
Number Of Units Total 2
MLS Area CHI - South Lawndale
Lot Size Square Feet 2880
Tax Annual Amount 8237
Additional Parcels Y/N No
Standard Status Active
Property Type Mixed Use

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 5760
Lot Dimensions 24X120
Frontage Type City Street

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
$380K
Taxes
AVG $12,544
$8,237
Year Built
AVG 1929
1913
Visits
AVG 288
56
Data Provided by Inside Real Estate®

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