4318 West Cermak, Chicago IL 60623
- Units 2
- Total Beds 6
- Total Baths 3
- Taxes $1,693
- Payment Estimate View Mortgage Calculator
Request Private Showing
Property Description
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.
Features & Information
Key Details
- List Price $179,555
- Property Taxes $1,693
- Price/ Sq. Ft. Unavailable
- Year Built 1912
- Parking Type Garage
- Status Contingent
Rooms
- Total Rooms 14
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling Gas
-
Units
- Unit 1 None
- Unit 2 None
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property North Of Ogden; East Of Cicero
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 1693
- Tax Year 2023
- Parcel Identification Number 16224250330000
Utilities
- Sewer Sewer-Publ
Listed by: Keller Williams ONEChicago | Phone: 312.216.2422
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/13/2025 8:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.
