1942 W Cermak Road
Chicago, IL 60608

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $780,000
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About this home

Legal 4-UNIT owner-occupied investment opportunity in PILSEN. Solid brick. Well maintained. 8 beds/4.5 baths total. High ceilings and hardwood floors throughout. 1st floor (vacant) 3-bed unit is MOVE-IN READY for new owner! Spacious 3-beds/1.5 baths with newer kitchen and baths. Enclosed back porch. Top floor features front unit with 2-beds/1 bath. Rear unit has a great layout for a 1-bedroom with great kitchen and pantry storage. Outdoor wooden deck overlooking side lot. Basement apartment also features original hardwood floors, 2-beds and 1-bath. Newer water heaters for each unit (within 2-5 years). Newer electrical, air conditioners, + regularly serviced boiler. Newer roof, seal coated 2023. Newer kitchens and baths. Coin laundry in basement. Excellent condition. Great location. *Side lot is not included, but negotiable. 1st floor apartment vacant. Three other units are occupied with great, long-term tenants (currently month-to-month). This property qualifies for owner occupied financing with 5% down!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1895
Parking Total 2
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
Virtual Tour Date 11/17/2023 10:34 pm
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Lower West Side
Corporate Limits Chicago
Directions Damen to Cermak: East on Cermak to 1942
Elementary Sch Dist 299
Heat/Fuel Steam, Radiator(s)
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Partially Finished
Basement Bathrooms No
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 5
Full Baths in Building Count 3
Half Baths in Building Count 2
Total Rooms 18
Units
unit 1
Beds Total 3
Baths Total 2
Appliances And Features Stove, Refrigerator, Window Air Conditioner, Hardwood Floors
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date N/A
Rooms Total 6
Tenant Pays Electric,Water
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1250
Appliances And Features Stove, Refrigerator, Window Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 5
Tenant Pays Electric,Water
Floor Number 2
unit 3
Beds Total 1
Baths Total 1
Actual Rent 850
Appliances And Features Stove, Refrigerator, Window Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 3
Tenant Pays Electric,Water
Floor Number 2
unit 4
Beds Total 2
Baths Total 1
Actual Rent 1100
Appliances And Features Stove, Refrigerator, Window Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 4
Tenant Pays Electric,Water
Floor Number B
Property / Lot Details
Lot Dimensions 25X126.9
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 4 Flat, 2 Story Unit/s
Number Of Units in Building 4
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 17194260310000
Special Assessments N
Taxes $9,426
Tax Exemptions Homeowner
Tax Year 2022
$780,000 Listing Price:
MLS # 11930869
Investment Profile Residential Income
Listing Market Time 92 days
Basement Full
Type Unit 4 Flat, 2 Story Unit/s
Number of Units in Building 4
Parking Garage
List Date 11/14/2023
Year Built 1895
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