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Pending
  • Price cut: $30K (2/24)
    $169,000

    3515 W Cermak Rd, Chicago, IL 60623

    5beds
    --sqft
    : 
    Multi Family
    Built in 1878
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Original charmBack porchLarge side yard
    Property requires a FULL RENOVATION and is more suited for investors or owner occupants ready to put in serious sweat equity! AS-IS SALE and requires significant repairs and updates. It will not qualify for traditional FHA or VA financing but is an excellent candidate for a 203k renovation loan. Located in the heart of the South Lawndale/Little Village neighborhood. Owned by the same family for decades, this property offers a rare opportunity to renovate and add value in a high demand area. Each unit features a classic layout with spacious living and dining rooms with original charm. The first floor unit offers two bedrooms, a living room, a separate dining room, one full bathroom, and a large walk in pantry. The second floor unit mirrors the same layout and includes an additional third bedroom, making it ideal for extended family living or increased rental income. The basement is unfinished and provides a great opportunity to expand the living area or add additional value through future improvements. The property has a recently rebuilt rear exterior stairwell and back porch, offering added safety and functionality. A large side yard enhances the lot size and includes a commercial sign that the current owner has rented out in the past, creating an additional income opportunity. This is a strong investment opportunity for an owner occupant or investor looking to add value in a vibrant and established community.
    40 days
    |
    2,735
    |
    105
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 11, 2026 at 09:19am

    Listing courtesy of:

    Melanie Little (630)781-2334,

    Real Broker, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12558859MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Radiant
      Features
      • Basement: Cellar,Full

      Property

      Parking
      • Total spaces: 2
      • Parking features: Unassigned, Driveway, Garage Faces Side, Yes, Owned
      • Has garage: Yes
      • Has uncovered spaces: Yes
      Details
      • Parcel number: 16262010370000
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1878

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan, Public

      Community & HOA

      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $99,990
      • Annual tax amount: $2,766
      • Date on market: 2/9/2026
      • Ownership: Fee Simple
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,582/mo

        Price history

        Price history
        DateEventPrice
        3/5/2026Pending sale$169,000
        Source: MRED as distributed by MLS GRID #12558859 Report a problem
        2/24/2026Price change$169,000-15.1%
        Source: MRED as distributed by MLS GRID #12558859 Report a problem
        2/9/2026Listed for sale$199,000
        Source: MRED as distributed by MLS GRID #12558859 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2023-- $9,999
        2022-- $9,999
        2021-- $9,999 -20.7%
        2020-- $12,617 -14%
        2019-- $14,672
        2018-- $14,672 -19%
        2017-- $18,115
        2016-- $18,115
        2015-- $18,115 +8.2%
        2014-- $16,735
        2013-- $16,735
        2012-- $16,735 -18.2%
        2011$21 +10.6%$20,460
        2010$19 +6.6%$20,460
        2009$18 -58%$20,460 -17.1%
        2008$43 -54.6%$24,684
        2007$94 -93.3%$24,684
        2006$1,400 +880.1%$24,684 +52.5%
        2005$143 -4.8%$16,190
        2004$150 -31.2%$16,190
        2003$218 -11.6%$16,190 +46.3%
        2002$247 -6.6%$11,066
        2001$264 -8.8%$11,066
        2000$289 +0%$11,066 +20.3%
        1999$289 $9,200

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $1,152/mo
        Principal & interest
        $872
        Property taxes
        $280
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          Climate risks

          Neighborhood: Little Village

          Getting around

          71 / 100
          Very Walkable
          66 / 100
          Good Transit
          77 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating
          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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