Recently Gut Rehabbed 3-unit Investment Property. Each unit is 3 bed/2bath with modern kitchens and bathrooms, in-unit laundry, and a two-car garage out back. The top and bottom units are rented and bring in $3,950 in rental income. Perfect for owner-occupant or investor.
Active
$899,000
2228 W Cermak Rd, Chicago, IL 60608
9beds
--sqft
Est.:
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
In-unit laundryModern kitchensTwo-car garage
- 61 days |
- 230 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: November 06, 2025 at 10:07pm
Listing courtesy of:
Lawrence Dunning lawrence@fultongrace.com,
Fulton Grace Realty
Source: MRED as distributed by MLS GRID,MLS#: 12509159
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 2
Heating
- None
Features
- Basement: None
Property
Parking
- Total spaces: 2
- Parking features: Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,049.2 Square Feet
- Dimensions: 25X125
Details
- Parcel number: 17193230370000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $560,000
- Annual tax amount: $11,815
- Date on market: 11/2/2025
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2025 | Listed for sale | $899,000+12.4% |
Source:  MRED as distributed by MLS GRID #12509159 Report a problem | ||
| 9/24/2018 | Sold | $800,000 |
Source: MRED as distributed by MLS GRID #10052147 Report a problem | ||
| 8/15/2018 | Pending sale | $800,000 |
Source: Main Street Real Estate Group #10052147 Report a problem | ||
| 8/15/2018 | Listed for sale | $800,000+154% |
Source: Main Street Real Estate Group #10052147 Report a problem | ||
| 11/29/2017 | Sold | $315,000-10% |
Source: MRED as distributed by MLS GRID #09767372 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $11,815 +2.6% | $56,000 |
| 2022 | $11,518 +2.3% | $56,000 |
| 2021 | $11,261 +85% | $56,000 +104.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,105/mo
Principal & interest
$4299
Property taxes
$1491
Home insurance
$315
Climate risks
Neighborhood: Heart of Chicago
Nearby schools
GreatSchools rating
- 6/10Pickard Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 2/10Juarez Community Academy High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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