IL
Cook
Chicago
60623
4318 W Cermak Road
4318 W Cermak Road, Chicago, IL 60623
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Listing Type
Multi Family
Listing Status
contingent
18
$179,555

Home Details for 4318 W Cermak Road

Price
$179,555
Type
Residential Income
Bedrooms
6
Bathrooms
3.0
Square feet
NaN
Year built
1912
County
Cook
Total rooms
14
Garage
2
Basement
Finished, Full
Days on site
34
MLS Listing#
12452000
Property Description

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.

Property Features
  • Parking
    • Detached
    • Garage
  • Basement
    • Finished
    • Full
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
Listing Courtesy: Keller Williams ONEChicago - 312-216-2422
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-03 20:14:08. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-03 20:14:08
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EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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