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About the Listing 87738 - 896139,103341
Incredible investment opportunity in prime North Lawndale! This 2-unit building with an additional garden unit offers excellent potential for seasoned investors. While the property is currently tenant-occupied, the tenants are open to vacating, and the property can be delivered vacant at closing-making it ideal for a full renovation or redevelopment project. Being sold strictly AS-IS, the building does require significant updates but presents strong upside with an estimated after-repair value (ARV) of approximately $450,000. Each unit features its own hot water tank, and forced heat. The property contains an exterior back porch overlooking yard space and a two car garage that can be used for additional income due to the properties location. Located in a rapidly developing area surrounded by new construction and revitalization, this property is perfect for experienced investors looking to capitalize on growth. Seller prefers cash offers with a quick close.
Listing Highlights for 4318 W Cermak Rd
Status
Pending
Days on Site
26
Property Type
Multi-Family
MLS ®
12452000
Year Built
1912
Total Square Footage
0
Lot/Acreage
30x125
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 30x125
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Detached,Garage
Financial Details
- Tax Amount: $1,693
- Taxes w/Assessments: N/A
- Tax/Property ID: 16224250330000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Years
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Listing Location
Questions About..
4318 W Cermak Rd Chicago, IL 60623
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