SOLD MAY 1, 2026

Sold on May 2026

$675,000

•

8 ba

•

—

sq ft

2824 W Cermak Rd, Chicago, IL 60623

Track this home’s value and nearby sales activity

About this home

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.

Multi-familyProperty Type

1891Year Built

3,025 sq ftLot Size

Listed by Nigel Gillett • Compass

Bought with Trisha San Juan • @properties Christie's International Real Estate

Redfin checked: 3 minutes ago

•Source:MRED as Distributed by MLS Grid #12398220

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

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

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2 MoM

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Sale and tax history for 2824 W Cermak Rd

Sale History
Tax History

Date

Event

Price

MRED as Distributed by MLS Grid #12398220

May 1, 2026

Sold (MLS) (Closed)

$675,000

Apr 27, 2026

Pending

—

Mar 7, 2026

Contingent (Contingent - Continue to Show)

—

Jul 11, 2025

Listed (Active)

$699,000

MRED as Distributed by MLS Grid #10093500

Jan 10, 2019

Sold (MLS) (Closed Sale)

$530,000

Nov 2, 2018

Pending (Contingent (Do Not Show))

—

Sep 25, 2018

Listed (New)

$595,000

+10

Solid 6-Unit Residential building in the heart of West Pilsen/Little Village. 1 block from Pink Line and a couple doors down from the Cermak/California Bus-stop. Always Boasting 100% occupancy. Rents are ripe for increases. New steel rear porch and decking, 3 secured Car spaces in rear, All interior freshly decorated. Building shows very well. This property is very centrally located for transportation, shopping, and dining. The numbers speak for themselves, with lots of room for growth. Priced to Sell!

MRED as Distributed by MLS Grid #09809549

Feb 3, 2018

Contingent

—

Feb 2, 2018

Listing Removed

—

Nov 30, 2017

Listed (New)

MRED as Distributed by MLS Grid #09100896

Feb 1, 2016

Sold (MLS) (Closed Sale)

$235,000

Jan 6, 2016

Contingent

—

Dec 11, 2015

Listed (New)

$284,900

MRED as Distributed by MLS Grid #09000608

Nov 16, 2015

Listing Removed

—

Sep 25, 2015

Relisted (Reactivated)

—

Sep 8, 2015

Contingent

—

Aug 3, 2015

Listed (New)

MRED as Distributed by MLS Grid #07714885

May 5, 2012

Listing Removed

—

Nov 9, 2011

Price Changed (Price Change)

Oct 24, 2011

Price Changed (Price Change)

Oct 10, 2011

Price Changed (Price Change)

Jan 20, 2011

Listed (New)

MRED as Distributed by MLS Grid #07361072

Aug 9, 2010

Listing Removed

—

Nov 13, 2009

Price Changed (Price Change)

Oct 23, 2009

Price Changed (Price Change)

Oct 19, 2009

Listed (New)

Public Records

Mar 2, 2004

Sold

$350,000

Public Records

Nov 15, 1995

Sold

$160,000

Public Records

Nov 1, 1991

Sold

$110,000

Year

Property tax

Land + Additions

Assessment*

2023

$8,168 (+2.6%)

$3,583 + $35,130

$38,713

2022

$7,963 (+2.3%)

$3,583 + $35,130

$38,713

2021

$7,785 (+58.6%)

$3,583 + $35,130

$38,713

2020

$4,908 (−4.6%)

$3,583 + $18,448

$22,031

2019

$5,147 (+1.7%)

$3,583 + $22,035

$25,618

2018

$5,060 (+3.8%)

$3,583 + $22,035

$25,618

2017

$4,875 (+7.5%)

$3,202 + $19,444

$22,646

2016

$4,536 (+9.3%)

$3,202 + $19,444

$22,646

2015

$4,149 (+19.1%)

$3,202 + $19,444

$22,646

2014

$3,485 (+2.0%)

$3,050 + $15,735

$18,785

2013

$3,416 (+1.3%)

$3,050 + $15,735

$18,785

2012

$3,371 (−14.8%)

$3,050 + $15,735

$18,785

2011

$3,956 (−0.4%)

$4,270 + $20,140

$24,410

2010

$3,972 (+4.4%)

$4,270 + $20,140

$24,410

2009

$3,806 (−21.8%)

$4,270 + $20,140

$24,410

2008

$4,868 (+1.0%)

$4,513 + $29,421

$33,934

2007

$4,819

$4,513 + $29,421

$33,934

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,050 Sq. Ft.

Year renovated

—

Sq. Ft.

4,527

Year built

1892

Style

Multi-Family (2-4 Unit)

County

Cook County

APN

16243150290000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 11, 2026.

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

Equipment
# Of Ranges: 6

Unit Type 1 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 4
Monthly Income: $1,050
Monthly Income Max: $1,200

Unit Type 2 Information
# of Rooms: 5
# of Bedrooms: 3
# of Bathrooms (Total): 2
# of Full Bathrooms: 2
# of Units: 2
Monthly Income: $1,400
Monthly Income Max: $1,550

Exterior

Building Information
# of Units: 6
Built Before 1978 (Y/N): Yes
Construction Materials: Brick

Property Information
Property Type: Multi Family 5+
Parcel Number: 16243150290000

Lot Information
Dimensions: 25X121
Frontage Type: City Street
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $8,182.06
Tax Year: 2023

Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 7.79
Total Monthly Income: $7,475
Gross Income: $89,700

Utilities

Heating & Cooling
Heat/Ventilation: Forced Air

Location

Location Information
Township: West Chicago
Directions: CALIFORNIA AVE TO CERMAK THEN WEST

Public facts

Beds: 9
Baths: 3.0
Sq. Ft.: 4,527
Stories: 3.0
Lot Size: 3,050 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1892
Year Renovated: —
County: Cook County
APN: 16243150290000

Home facts updated by county records on Jul 11, 2026

Other

Expense Information
Water Sewer Expense: $2,913
Electric Expense: $156
Trash Expense: $900
Insurance Expense: $2,935

Listing Information
Possession: Closing
Some Photos Virtually Staged?: No

Around this home

Schools

Hammond Elementary School

Public PreK-8 • Assigned • 0.0mi

4/10

Farragut Career Academy High School

Public 9-12 • Assigned • 0.6mi

1/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60623

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

58/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

6.1 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

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Home values near 2824 W Cermak Rd

Data from public records.

Address	Redfin Estimate
2825 West Cermak Rd, Chicago, IL 6 Beds \| 3 Baths \| 3981 Sq. Ft.	—
2850 West Cermak Rd, Chicago, IL 6 Beds \| 4.5 Baths \| 3916 Sq. Ft.	$500,336

Address	Redfin Estimate
2849 West Cermak Rd, Chicago, IL 6 Beds \| 4 Baths \| 8117 Sq. Ft.	$587,720
2813 West Cermak Rd, Chicago, IL 8 Beds \| 6.5 Baths \| 4060 Sq. Ft.	—

Address	Redfin Estimate
2848 West Cermak Rd, Chicago, IL 8 Beds \| 5.5 Baths \| 4013 Sq. Ft.	—
2819 West Cermak Rd, Chicago, IL 4 Beds \| 3.5 Baths \| 3519 Sq. Ft.	—

Property information provided by MRED as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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2824 W Cermak Rd, Chicago, IL 60623

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About this home

Redfin Estimate

Market trends in Marshall Square, IL

Homeowner tools

Sale and tax history for 2824 W Cermak Rd

Public record

Property details

Interior

Exterior

Financial

Utilities

Location

Public facts

Other

Around this home

Schools

Climate risks

Historical weather

Sun exposure

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