4318 W Cermak Road, Chicago, IL 60623
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
4318 W Cermak Road,Chicago, IL 60623
$179,555
- 6 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:melanie miller
Office:keller williams onechicago
MLS#:12452000
Source:MLSNI
Price summary
- Price:$179,555
About this home
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.
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Home facts
- Year built:1912
- Listing Id #:12452000
- Added:1 day(s) ago
- Updated:August 21, 2025 at 02:33 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1912
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$179,555
- Tax amount:$1,693 (2023)
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