Chicago, IL 60623,4318 W Cermak RD
Chicago, IL 60623,4318 W Cermak RD
Chicago, IL 60623,4318 W Cermak RD
18
$235,000
$179,555
30.9%
Est.Price: ?

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6 BD
3 BA

4318 W Cermak RD Chicago, IL 60623

Est. payment /mo
SOLD DATE : 09/19/2025

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Key Details

Sold Price $235,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12452000

Bedrooms 6

Year Built 1912

Annual Tax Amount $1,693

Tax Year 2023

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Area Chi - North Lawndale

Interior

Heating Natural Gas

Exterior

Garage Spaces 2.0

Building

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Melanie Miller of  Keller Williams ONEChicago 
Bought with Jose Campoverde of Chicagoland Brokers, Inc.

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