Chicago, IL 60623 4318 W Cermak Road
$179,555
OPEN HOUSE Thu, Aug 21 2025 01:30 PM - 02:15 PM



13 more














Presented By: Keller Williams ONEChicago
Home Details
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.
Presented By: Keller Williams ONEChicago
Interior Features for 4318 W Cermak Road
Bedrooms
Bedrooms Possible6
Total Bedrooms6
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementFinished, Full
Total Number of Units2
General for 4318 W Cermak Road
CityChicago
Construction MaterialsBrick
CountyCook
DirectionsNorth of Ogden; east of Cicero
Elementary School District299
Garage Spaces2
HeatingNatural Gas
High School District299
MLS AreaCHI - North Lawndale
Middle/Junior School District299
ModificationTimestamp2025-08-21T13:51:01.754Z
New ConstructionNo
OwnershipFee Simple
PossessionImmediate
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount1693
Tax Year2023
Total Rooms14
TownshipWest Chicago
Year Built1912
Exterior for 4318 W Cermak Road
Lot Dimensions30x125
Parking FeaturesDetached, Garage
Total Parking2
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
