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$699,000

2824 W Cermak Road
Chicago, Illinois 60623

Active / MLS #12398220 / Multiple Family / South Lawndale
Listing information updated 7/17/2025 at 6:03am
This well-maintained 6-unit residential property is ideally situated in the vibrant West Pilsen/Little Village neighborhood. Just one block from the CTA Pink Line and mere steps from the Cermak/California bus stop, this location offers unparalleled access to public transportation, making it highly attractive to tenants and investors alike. The building presents significant upside potential. The property features three secure off-street parking spaces at the rear-an invaluable amenity in this high-demand urban area. The property's central location places it within easy reach of shopping, dining, and major commuter routes, further adding to its desirability. With solid financials, excellent tenant retention, and clear potential for increased revenue, this is a rare opportunity to acquire a turnkey multifamily asset in one of Chicago's most dynamic neighborhoods. Competitively priced for a swift sale-this is an investment not to be missed.
Exterior Type:
Brick
Water Front:
No
Square Feet:
N/A
Built:
1891
Stories:
3
Current Use:
Multi-Family
Potential Use:
Multi-Family
Zoning:
MULTI
Current Net Income:
$72,000
Unit 1:
5 room(s) / 2 bed(s) / 1 bath(s)
Unit 2:
5 room(s) / 3 bed(s) / 2 bath(s)
Tax Amount:
$8,182
Tax Year:
2023
Zip Code:
60623
City:
Chicago
County:
Cook

Listing Office: Compass

Listing Office Phone: 312.733.7201

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/17/2025 at 6:03am. 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. Some listings have been excluded from this website.

Metra

Metra
BNSF Railway line at S Western Ave Metra

CTA

CTA
Green line at Kedzie
CTA
Pink line at California
$313,196
Average Sale Price
60
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2824 W Cermak Road, Chicago, IL 60623
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2824 W Cermak Road, Chicago, IL 60623 is a multiple family currently listed at $699,000. This multiple family has been listed on @properties Christie's International Real Estate since July 11th, 2025 and was built in 1891. The nearest transit stops include Kedzie CTA Green line and S Western Ave Metra Metra BNSF Railway line.

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