Homes for sale - 4122 W Cermak RD, Chicago, IL 60623

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Legacy Properties

managingbroker@legacypropertiesil.com +1(224) 999-9100

$ 475,000

Est. payment | -/mo

7 Beds

3 Baths

Save

$ 475,000

Est. payment | -/mo

Save

7 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12465530

Bedrooms 7

Year Built 1912

Annual Tax Amount $2,117

Tax Year 2023

Lot Dimensions 30x125

Property Sub-Type Two to Four Units

Property Description

Step into this timeless Chicago 3-flat, where stunning original woodwork meets thoughtful modern upgrades. Perfect for both investors and owner-occupants, the property features two tenant-occupied units and one owner-occupied unit. Garden & 1st Floor Units: Each with 2 bedrooms and 1 full bath 2nd Floor Unit: 3 spacious bedrooms and 1 full bath The building offers plenty of charm with large storage space in the basement and convenient mud rooms off the back staircases for the above-ground units. Each apartment includes a unique built-in wooden shelf that opens into a generous kitchen pantry, while the 1st and 2nd floors also boast beautiful built-in dining room hutches with glass cabinetry. Throughout the building, you'll find original wood doorways, doors, and windows that showcase the craftsmanship of a true Chicago classic. Recent updates bring peace of mind, including a new roof (2021), updated plumbing (2020), and new flooring. Situated just steps from the Pink Line and the bustling intersection of Pulaski & Cermak, this property offers unmatched convenience to transit, shopping, dining, and more. With strong rental income potential and undeniable historic charm, this 3-flat is a rare opportunity to grow your portfolio or enjoy the benefits of multi-unit living in the heart of Chicago. Tenants would like to stay leases expire in Nov. Perfect for a fresh start with a lease set by new owner(s) and to collect new security deposit(s). Owner pays Water/sewer/garbage for building and owners unit every OTHER month estimated $140-$160. Electric for common, owners unit, and garage is estimated at $160/monthly and Insurance for building and owners unit is estimated $307/monthly. Tenants pay electric/gas.

Location

State IL

County Cook

Area Chi - North Lawndale

Rooms

Basement Unfinished, Partial

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding,Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Shandra Phillips • Village Realty, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

4122 W Cermak RD Chicago, IL 60623