2851 W Cermak Road, CHICAGO IL 60623 Photo 1
Listing Courtesy of International Real Estate Corp

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2851 W Cermak Road - Great opportunity to be start a business. Could be used for a live work type of situation. Store Front with living quarters in rear. Full Basement, flat roof, 2 car garage. Located in a busy commercial and residential neighborhood. Put your office, vintage shop, bike shop or cafe. "Sale is Subject to court approval"

Listing information

  • MLS® ID: 09283577
  • Status: Active with Contingency
  • New Construction: No
  • County: Cook
  • Style: Mixed Use
  • Stories: 1
  • Foreclosure: No
  • Year Built: 1926
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $6,391


Air Conditioning Central Individual
Approximate Age Older
Backup Info Tax Bill, Title Report
Built Before 1978 (Y/N) Yes
Construction Brick
Contingency Flag Attorney/Inspection
Current Use Commercial
Electrical Service 0-100 Amps, Separate Meters
Exterior Building Type Brick
Fire Protection Fire Extinguisher/s, Smoke or Fire Protectors
Floor Finish Varies
Foundation Stone
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Broker Projection
Geographic Locale Chicago Southwest
Heat/Ventilation Central Heat/Indiv Controls, Forced Air
Indoor Parking 1-5 Spaces
Information 48-Hr Notice Required, Court Approval Required, Show-Special Instructions
Known Encumbrances First Mortgage
Location Central Business District, Public Transport Avail
Misc Inside Basement, Private Restroom/s
Misc Outside Patio
Other # Of Apts - 1, # Of Offices - 1, # Of Tenants - 1, # Of Units - 2, Approx Total Bldg Sq Ft - 1700, Electricity Expense - 1000, Expense Year - 2015, Fuel Expense - 1000, Gross Rent Multiplier - 12.4, Gross Rental Income $ - 12000, Insurance Expense - 1000, Net Oper Income $ - 3100, Net Operating Income Year - 2015, Other Expenses - 0, Scavenger Expense - 720, Tax Year - 2015, Total Annual Exp - 8900, Total Annual Income - 12000, Total Monthly Income - 1000, Township - West Chicago, Water Expense - 1000, Zoning Type - Commr
Outdoor Parking 1-5 Spaces
Ownership Type Land Trust
Possession Tenant's Rights
Potential Use Commercial
Property Type Mixed Use
Roof Coverings Fiberglass
Roof Structure Flat
Sale Terms Cash Only, Conventional
Tenant Pays Electric, Heat
Unincorporated (Y/N) No
Utilities To Site Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site, Water-Municipal
Water Drainage Storm Sewers
Listing Courtesy of International Real Estate Corp