2226 W Cermak Road, Chicago, Illinois 60608

Sale Information

Asking Price: $969,000

Building Size: 3,800 SQ FT

Lot Size: 3125

Cost per Square Foot: $255.00

Property Overview

Brand new gut renovation, taken down to the exterior walls. New electric service, plumbing, water line (1-1/2"), windows, roof, porches, sidewalks, SS Appliances, Quartz, flooring and in-unit W/D. All units have separate gas & electrical meters and the building has a 600 amp electric service.

Front Building is a Large Brick 2 story building with the top floor unit encompassing the entire floor. It features 4 Beds, 2 Baths, 2 offices, a dining room, vaulted ceilings and in-unit W/D! Perfect for professionals who prefer to work from home.

The first floor has Two 2 Bed/1 Bath units with in-unit laundry and full HVAC. The Coach House features a large 2 Bed/ 1 Bath unit and another non-conforming 2 Bed/1 Bath unit. Both CH units have in-unit laundry, HVAC and high end appliances.

High rental income with low maintenance. Live in one unit and have the remaining units pay for the mortgage!

Property Details

Key Points: Gut Rehab Extra Income on Non-conforming Unit (Separately Metered) 4 Unit - Residential Loan Potential In-unit Laundry Full HVAC

Broker Information

SVN | Chicago Commercial
Paul Cawthon

940 W Adams St, Ste 200
Chicago, Illinois 60607