Prime Mixed-Use Investment Opportunity in Little Village! This solid all-brick building offers an ideal combination of commercial and residential income potential. The main floor features a spacious, versatile commercial unit perfect for retail, office, or any use imaginable, complemented by four 2-bedroom, 1-bathroom residential apartments above. Highly visible and strategically located near bustling local shopping, parks, schools, and public transportation. Excellent potential for strong cash flow in a high-demand area!
Marshall Square, located between Pilsen and Little Village, is a residential and industrial Chicago neighborhood with a gridded streetscape and the steady pulse of 26th Street nearby. The neighborhood’s character concentrates around the 31st Street and Kedzie Avenue corridor, where corner groceries, taquerias, and auto shops share the sidewalk with schoolyards and small storefronts. Brick two-flats and worker-era cottages line the blocks, with occasional light-industrial buildings marking the edges. Douglass Park’s lagoons and fieldhouses shape the outdoor rhythm just west of the neighborhood. The CTA Pink Line at Kedzie and the 26th Street commercial strip set a practical, city-paced routine.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
3 ranges
Flooring
Varied flooring
Heating & cooling
Gas heating
Home design
Mixed-use property
Construction
5 units
Built before 1978
Brick construction
Composition roof
Utilities
Circuit-breaker electric service
Financial info
Gross rent multiplier of 8.2
Monthly income of $6,000
Gross income of $72,000
Water and sewer expense of $2,936
Water expense based on owner projection
Insurance expense of $3,800
Electricity and solar
View estimated energy costs and solar savings for this home
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
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
Minor risk of severe winds over 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)
31
17
39
25
55
36
62
44
69
52
82
65
86
71
82
68
79
62
68
52
52
40
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
67/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Chicago. There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.8 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3021 W Cermak Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More