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About the Listing 26696 - 272887
Two unit multifamily property located in the heart of the South Lawndale Little Village neighborhood. Owned by the same family for decades, this property offers a rare opportunity to renovate and add value in a high demand area. Each unit features a classic and functional layout with spacious rooms and original charm. The first floor unit offers two bedrooms, a living room, a separate dining room, one full bathroom, and a large walk in pantry. The second floor unit mirrors the same layout and includes an additional third bedroom, making it ideal for extended family living or increased rental income. The basement is unfinished and provides a great opportunity to expand the living area or add additional value through future improvements. The property has a recently rebuilt rear exterior stairwell and back porch, offering added safety and functionality. A large side yard enhances the lot size and includes a commercial sign that the current owner has rented out in the past, creating an additional income opportunity. This property is being sold as is and requires significant repairs and updates. It will not qualify for FHA or VA financing but is an excellent candidate for a 203k renovation loan. This is a strong investment opportunity for an owner occupant or investor looking to add value in a vibrant and established community.
Listing Highlights
Status
Active
Days on Site
16
Property Type
Multi-Family
MLS ®
12558859
Year Built
1878
Total Square Footage
0
Lot/Acreage
0x0
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Radiant
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Cellar,Full
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 0x0
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Unassigned,Driveway,Garage Faces Side,Yes,Owned
Financial Details
- Tax Amount: $2,766
- Taxes w/Assessments: N/A
- Tax/Property ID: 16262010370000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
3515 W Cermak Rd Chicago, IL 60623
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