4318 W Cermak Rd., Chicago, IL 60623

4318 W Cermak Rd., Chicago, IL 60623
Photo 1 of 18
$179,555
Beds Baths Sq. Ft. Taxes Built
6 0.00 0 $1,693 1912
On the market: 4 days

Est. Monthly Payment:

$1,216($1,075 + $141 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Melanie Miller, Keller Williams ONEChicago