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3021 W Cermak Road Chicago, IL $ 590,000
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3021 W Cermak Road
$ 590,000
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3021 W Cermak Road

Chicago, IL, 60623
$ 590,000
Bedrooms-- Baths-- Sq 4,686
3021 W Cermak Road, Chicago, IL 60623 - Image 1
3021 W Cermak Road, Chicago, IL 60623 - Image 2

Property for Rent in Chicago, IL

for $590,000. This 4,686 square foot property was built in 1893 on a lot size of 0.069858.

Prime Mixed-Use Investment Opportunity in Little Village! This solid all-brick building offers an ideal combination of commercial and residential income potential. The main floor features a spacious, versatile commercial unit perfect for retail, office, or any use imaginable, complemented by four 2-bedroom, 1-bathroom residential apartments above. Highly visible and strategically located near bustling local shopping, parks, schools, and public transportation. Excellent potential for strong cash flow in a high-demand area!

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Rental Active

Price

$ 590,000

Taxes

$ 6,877

Style

Lot Size

0.069858

Year Built

1893

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12775016
Features
General
Cooling None
Possession Closing
Roof Composition
Zoning MULTI
Construction Materials Brick
Year Built 1893
Electric Circuit Breakers
Tenant Pays Electricity Heat
Stories Count 3
Township West Chicago
Property Subtype Mixed Use
Tax Year 2025
Gross Income 72000
County Cook
Net Operating Income 41295
Operating Expense 13613
Insurance Expense 3800
Property Type Commercial Sale Mixed Use
Possible Use Commercial Multi-Family
Status New
Directions east/west on Cermak to property just west of California.
City Chicago
Number Of Units Total 5
MLS Area CHI - South Lawndale
Lot Size Square Feet 3043
Tax Annual Amount 6877.46
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 2936
Additional Parcels Y/N N
Lease Type N/A
Standard Status Active
Cap Rate 7
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Interior
Flooring Varies
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Exterior
Building Area Total 4686
Lot Dimensions 24X126
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* Excluded Features
List By
Re/Max Mi Casa

Broker

psandovalhomes@gmail.com;psgallegoshomes@gmail.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/23/2026$590,000 Listed Price

Map

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3021 W Cermak Road, Chicago, IL, 60623 is a Property for Rent at $590,000 with 4,686 sqft and a lot size of 0.069858. 3021 W Cermak Road was built in 1893. The property's zip code is 60623 which is in Chicago, IL

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