Closed
$235,000
4318 W Cermak Rd, Chicago, IL 60623
5beds
--sqft
Multi Family
Built in 1912
-- sqft lot
$235,600 Zestimate®
$--/sqft
$1,769 Estimated rent
Home value
$235,600
$212,000 - $262,000
$1,769/mo
Zestimate® history
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Owner options
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What's special
Incredible investment opportunity in prime North Lawndale! This 2-unit building with an additional garden unit offers excellent potential for seasoned investors. While the property is currently tenant-occupied, the tenants are open to vacating, and the property can be delivered vacant at closing-making it ideal for a full renovation or redevelopment project. Being sold strictly AS-IS, the building does require significant updates but presents strong upside with an estimated after-repair value (ARV) of approximately $450,000. Each unit features its own hot water tank, and forced heat. The property contains an exterior back porch overlooking yard space and a two car garage that can be used for additional income due to the properties location. Located in a rapidly developing area surrounded by new construction and revitalization, this property is perfect for experienced investors looking to capitalize on growth. Seller prefers cash offers with a quick close.
Zillow last checked: 8 hours ago
Listing updated: September 19, 2025 at 04:22pm
Listing courtesy of:
Melanie Miller 312-216-2422,
Keller Williams ONEChicago
Bought with:
Jose Campoverde
Chicagoland Brokers, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12452000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,750 sqft
- Dimensions: 30x125
Details
- Parcel number: 16224250330000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $235,000+30.9% |
Source: | ||
| 8/26/2025 | Contingent | $179,555 |
Source: | ||
| 8/21/2025 | Listed for sale | $179,555 |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: Lawndale
Nearby schools
GreatSchools rating
- 1/10Corkery Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 4/10Infinity Math Science & Tech High SchoolGrades: 9-12Distance: 1.1 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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Estimated market value$235,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$235,600
