3311 W Cermak Road, Chicago, Cook County, IL, 60623 Chicago IL US

USD 315,000
For Sale MLS: 11669222

Property Details

Bedrooms

9

Bathrooms

3

Neighborhood

Little Village

Property Type

MultiFamily

Description

You won't find another brick 4 unit at this price point in such great condition. Investors -- this is the building you've been waiting for! Cash cow beautiful red brick 4 unit in a highly appreciating area! Basement unit has 2 bedrooms and 1 bathroom and is paying $900/month. 1st floor is a HUGE 5 bedroom 1 bathroom unit paying $1,200/month. 2nd floor unit 3 is a 1 bedroom 1 bathroom paying $600/month. 2nd floor unit 4 is an XL 1 bedroom 1 bathroom that is vacant. Roof replaced 2 years ago, appliances replaced 2 years ago and entire building was rehabbed in 2015. $32,400/year gross rental income. Possibility to increase rents. PRIME location with easy access to CTA. First floor garden unit has 7 foot high ceilings. Garage can be rented for extra rental income. Zoning cert for 3 unit and neither the broker nor the seller represent legality of 4th unit. Property is being sold AS-IS with no contingencies. Short sale approved at list price! Looking for a quick close! Photos are of the vacant unit. *****Cash HIGHLY preferred****** Find out more about this property. Request details here

Location

Address

3311 West Cermak Road, Chicago, Illinois 60623, United States

City

Chicago

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