Commercial Sale

2653 Cermak Road, Chicago, Illinois 60608

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Property Description

Welcome investors!!!! Looking to diversify your portfolio, check out this fantastic opportunity! Mixed-use property fully occupied, located in Pilsen area. It is a unique and nostalgic investment property located on the busy, high traffic intersection of Cermak and Washtenaw. Providing both residential and commercial spaces. This building offers 2 apartments and a fully operating/ rented restaurant space. Each apartment offers an identical, spacious layout, 3 bedrooms, 1 bathroom, kitchen area, dining area and living room. All hardwood flooring throughout, recently painted too. There are 4 parking spots available in rear of building. Backyard is an additional fenced, concrete space shared for tenants. The Restuarant is currently on a renewed 5-year lease, (ALL Fixtures and Equipment will NOT be transferable to new owner in Lieu of Sale. They are to remain with the Restuarant.) This Property is being sold as is. The property offers additional income as the apartments are currently family occupied. Rents in the area average from similar properties average 1850+ for each apartment. Please read showing instructions.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : MRD12096790
Price : $850,000
Year Built : 1913
Property Sub Type : Apts/Stores
Features
Cooling System : Central Individual
Address Map
Country : US
State : IL
County : Cook
City : Chicago
Zipcode : 60608
Street : Cermak
Street Number : 2653
Street Suffix : Road
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Area : CHI - South Lawndale
Street Dir Prefix : W
MLS Addon
Agent Name : Helene
DaysOnMarket : 76
Directions : West on Cermak and south Washtenaw
List Agent Full Name : Helene Wazwaz
List Agent MLSID : MRD268156
List Office MLSID : MRD28511
List Office Name : KOMAR
Parcel Number : 16252010030000
Tax Year : $2,022
ListAgentLastName : Wazwaz
Annual Tax Amount : $0
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Status : Active
PhotosChangeTimestamp : 01/07/2024 21:46:01
Commercial Sale For Sale
  • Listing ID : MRD12096790
$850,000
Agent info
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