OFF MARKET

Off Market Feb 2017 for $860K

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•

14 ba

•

—

sq ft

2754-56 W CERMAK Ave, Chicago, IL 60608

About this home

This property has been updated, leased up, and sits in a great location with solid retail tenants. There are a total of 8 residential units and 4 retail storefronts. Most of the rehabbed residential units have newer hot water tanks, furnaces, and HVAC. All units are individually metered for gas and electric. There is no off street parking, or laundry on site (opportunity to add). There are four great retail tenants which include a new restaurant, a tailor, a shoe repair, both of which have been long time occupants, and a dentist office as the anchor tenant. Located near the Little Village neighborhood to the southwest of downtown Chicago. The building is very close to public transportation, Douglas park, two hospitals, shopping and restaurants. Its located in a very busy area with lots of commercial businesses, high vehicle traffic, and local foot traffic.

Multi-familyProperty Type

1901Year Built

0.29 acresLot Size

Listed by Dhereck Gomez • 33 Realty

Bought with Shannon Long • Mode Realty

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #09492250

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in Marshall Square, IL

Last updated July 2026

Sale-to-List Price

96.3%

3.3% MoM

Median sale price

$403K

$42K MoM

Avg. days on market

122d

61 days MoM

Recently sold homes

2 MoM

New listings for sale

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OPEN SAT TO 2PM
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8 beds4 baths— sq ft
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12 beds7 baths— sq ft
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6 beds3 baths— sq ft
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4 beds2 baths1,260 sq ft
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OPEN SUN, 12PM TO 2PM
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LISTED BY REDFIN
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See all

Provided by Redfin

Sale history for 2754-56 W CERMAK Ave

Date

Event

Price

APPFOLIO #2

Jul 20, 2024

Rental Removed

$1,725

Jul 4, 2024

Listed for Rent

$1,725

APPFOLIO #1

Nov 11, 2023

Rental Removed

$1,695

Nov 10, 2023

Listed for Rent

$1,695

MRED as Distributed by MLS Grid #09492250

Feb 1, 2017

Sold (MLS)

$860,000

Feb 1, 2017

Listed

$860,000

MRED as Distributed by MLS Grid #09125539

Nov 12, 2016

Listing Removed

—

Oct 13, 2016

Price Changed

Oct 5, 2016

Price Changed

Sep 21, 2016

Relisted (Reactivated)

—

May 5, 2016

Pending (Contingent (Do Not Show))

—

Feb 23, 2016

Price Changed

Jan 27, 2016

Listed (New)

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Cook County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 11, 2023.

B3-2

Community Shopping District

The primary purpose of the B3, Community Shopping district is to accommodate a very broad range of retail and service uses, often in the physical form of shopping centers or larger buildings than found in the B1 and B2 districts. In addition to accommodating development with a different physical form than found in B1 and B2 districts, the B3 district is also intended to accommodate some types of uses that are not allowed in B1 and B2 districts. The B3 district is intended to be applied to large sites that have primary access to major streets. It may also be used along streets to accommodate retail and service use types that are not allowed in B1 and B2 districts.

Permitted uses

Include but are not limited to:

Automotive repair garage
Day care facility
General retail
Restaurant
Housing-Senior
Warehouse
Mixed use building
Office
Medical office
Veterinary clinic

Property details

Interior

Additional Rooms Information
Cellar

Equipment
# of Refrigerators: 9
# of Ranges: 9

Heating & Cooling
Forced Air Heating, Gas Heating
No Air Conditioning

Multi-Family Information
# of Units: 12
Tenant Pays Electric, Tenant Pays Heat

Unit 1 Information
# of Units of Type: 1
# of Rooms: 7
# of Beds: 3
# of Baths: 2
Monthly Income: $900
Maximum Monthly Income: $900

Unit 2 Information
# of Units of Type: 1
# of Rooms: 6
# of Beds: 3
# of Baths: 1
Monthly Income: $800
Maximum Monthly Income: $800

Unit 3 Information
# of Units of Type: 5
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $500
Maximum Monthly Income: $750

Unit 4 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 1
# of Baths: 1
Monthly Income: $450
Maximum Monthly Income: $450

Unit 5 Information
# of Units of Type: 2
# of Rooms: 3
# of Baths: 1
Monthly Income: $600
Maximum Monthly Income: $700

Unit 6 Information
# of Units of Type: 1
# of Rooms: 2
# of Baths: 1
Monthly Income: $1,000
Maximum Monthly Income: $1,000

Unit 7 Information
# of Units of Type: 1
# of Rooms: 9
# of Baths: 2
Monthly Income: $4,371
Maximum Monthly Income: $4,371

Exterior

Building Information
Built Before 1978
Age: 51+ Years
Brick Exterior
Brick Construction

Lot Information
Sq. Ft.: 12500
Dimensions: 50 X 250
Zoning: COMMR

Property Information
Ownership Type: Individual
Parcel Identification Number: 16244210330000

Financial

Financial Information
Tax: $17,500
Tax Year: 2014
Total Monthly Income: $11,382
Total Annual Income: $136,584
Gross Rental Income: $142,932
Gross Rent Multiplier: 6
Net Operating Income: $106,000
Net Operating Income Year: 2011
Cap Rate: 8.94
Finance Code: Cash

Location

Location Information
Township: NORTH CHICAGO
Directions: ON THE NE CORNER OF CERMAK & CALIFORNIA

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: —

Home facts updated by county records on Apr 11, 2023

Other

Expense Information
Total Annual: $44,640
Total Annual Year: 2015
Electricity: $2,700

Listing Information
Seller Concessions: No

Around this home

Schools

Hammond Elementary School

Public PreK-8 • Assigned • 0.1mi

4/10

Farragut Career Academy High School

Public 9-12 • Assigned • 0.7mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Chicago, IL • 60608

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

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Home values near 2754-56 W CERMAK Ave

Data from public records.

Address
2749 W Cermak Road, Chicago, IL 4 Beds \| 4 Baths \| 7872 Sq. Ft.
2806 W Cermak Road, Chicago, IL 8 Beds \| 7 Baths \| 19675 Sq. Ft.

Address
2752 W Cermak Road, Chicago, IL 6 Beds \| 5.5 Baths \| 3016 Sq. Ft.
2755 W Cermak Road, Chicago, IL 6 Beds \| 5.5 Baths \| 3360 Sq. Ft.

Address
2750 W Cermak Road, Chicago, IL 8 Beds \| 5 Baths \| - Sq. Ft.
2131 S California Avenue, Chicago, IL 6 Beds \| 3 Baths \| 3183 Sq. Ft.

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in Marshall Square, IL

Sale history for 2754-56 W CERMAK Ave

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60608

Home values near 2754-56 W CERMAK Ave

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