2816 Cermak Road

    Chicago, IL 60623
    • $1,599,000
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 10559410
    UPDATED: 49 min ago
    $1,599,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 19,675
      SQFT
    • $81
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1934
    County:

    School Ratings & Info

    Description

    PRIME RETAIL SPACE with 125' of Cermak Rd frontage! Available for the first time in 50 years (business available upon request). Large glass windows for visibility, tall ceilings, ample signage space and the option to combine/divise approximately 15,000 square feet of retail space with 5 Residential income units above, making this an ideal investment. Residential units each approx 1,000 Sq Ft. Sitting on a busy shopping district with public transport access. Two large ground floor retail spaces offer 75' x 122' and 50' x 122' separate entrances and connected internally to form a 125' x 122' open space. Property addresses included are 2806, 2814, & 2816 W Cermak Rd. Great for investors or owner occupied users - make this high volume, high visibility retail space your next space! Easy to show this is a MUST see space.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2019-11-14T20:51:04.753 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.bnrealty.com/homes/100335651

    2816 Cermak Road Chicago, IL 60623

    • Price: $1,599,000
    • Status: Active
    • Updated: 49 min ago
    • MLS #: 10559410
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    19,675
    SQFT
    $81
    $/SQFT
    1934
    Built
    Neighborhood:
    Chi - South Lawndale
    County:
    Cook
    Area:
    Chi - South Lawndale
    Property Description
    PRIME RETAIL SPACE with 125' of Cermak Rd frontage! Available for the first time in 50 years (business available upon request). Large glass windows for visibility, tall ceilings, ample signage space and the option to combine/divise approximately 15,000 square feet of retail space with 5 Residential income units above, making this an ideal investment. Residential units each approx 1,000 Sq Ft. Sitting on a busy shopping district with public transport access. Two large ground floor retail spaces offer 75' x 122' and 50' x 122' separate entrances and connected internally to form a 125' x 122' open space. Property addresses included are 2806, 2814, & 2816 W Cermak Rd. Great for investors or owner occupied users - make this high volume, high visibility retail space your next space! Easy to show this is a MUST see space.
    Exterior Features

    Construction BrickConcreteDivisible Location Central Business DistrictMixed Use AreaPublic Transport Avail Lot Dimensions 125' X 122' Lot Sq Ft 15256 Number Of Parking Spaces 0

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/S Floor Finish ConcreteVariesWood Miscellaneous Inside Multi-TenantPrivate Restroom/SStorage Inside Number Of Apts 5 Number Of Offices 2 Number Of Stores 3 Number Of Stories 3

    Property Features

    Age Older Built Before1978 YN Yes Current Use CommercialCondominiumOffice And ResearchSpecial UseOther Electric Expense Source Combination Electrical Service 120V Power Electricity Expense 1800 Fuel Expense 3000 Fuel Expense Source Combination Geographic Locale Downtown ChicagoChicago South Gross Rental Income Amount 3450 Heat Ventilation Gas Insurance Expense 6000 Insurance Expense Source Combination Known Encumbrances None Known Other Expense Source Combination Other Expenses 0 Possession ClosingImmediateNegotiableOther Potential Use CommercialCondominiumResidential-Multi-FamilyRetailSpecial Use Rental Price 18 Tax Year 2017 Taxes 17388 Tenant Pays OtherVaries By Tenant Total Annual Income 41400 Total Monthly Income 3450 Unincorporated YN No Water Expense 1500 Water Expense Source Combination

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of D'aprile Properties.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2019-11-14T20:51:04.753 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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