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
- 110 days |
- 456 |
- 18 |
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: Yes, 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 | ||
| 10/10/2017 | Pending sale | $350,000 |
Source: Continuum Real Estate Brokers #09767372 Report a problem | ||
| 10/3/2017 | Listed for sale | $350,000+12.9% |
Source: Continuum Real Estate Brokers #09767372 Report a problem | ||
| 6/22/2005 | Sold | $310,000 |
Source: Public Record 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% |
| 2020 | $6,088 -3.5% | $27,328 -13% |
| 2019 | $6,311 +1.7% | $31,412 |
| 2018 | $6,205 +6.3% | $31,412 +3% |
| 2017 | $5,837 +4.1% | $30,489 |
| 2016 | $5,606 +9.8% | $30,489 |
| 2015 | $5,106 +23.2% | $30,489 +22.4% |
| 2014 | $4,144 +2.3% | $24,905 |
| 2013 | $4,051 +0.7% | $24,905 |
| 2012 | $4,021 -2.8% | $24,905 -14.7% |
| 2011 | $4,138 +4.5% | $29,187 |
| 2010 | $3,960 +9.2% | $29,187 |
| 2009 | $3,626 -5.2% | $29,187 -12.6% |
| 2008 | $3,826 +11.1% | $33,388 |
| 2007 | $3,443 +20.1% | $33,388 |
| 2006 | $2,868 -13.5% | $33,388 +64.6% |
| 2005 | $3,314 +40.7% | $20,284 |
| 2004 | $2,356 +4.5% | $20,284 |
| 2003 | $2,255 +11.2% | $20,284 +34.4% |
| 2002 | $2,027 -2% | $15,092 |
| 2001 | $2,068 +11.2% | $15,092 |
| 2000 | $1,860 +0.4% | $15,092 +18% |
| 1999 | $1,853 | $12,793 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,735/mo
Principal & interest
$4244
Property taxes
$1491
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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