IL
Cook
Chicago
60623
3515 W Cermak Road
3515 W Cermak Road, Chicago, IL 60623
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Listing Type
Multi Family
Listing Status
Active
24
$199,000

Home Details for 3515 W Cermak Road

Price
$199,000
Type
Residential Income
Bedrooms
5
Bathrooms
2.0
Square feet
NaN
Year built
1878
County
Cook
Total rooms
13
Garage
Basement
Full
Days on site
16
MLS Listing#
12558859
Property Description

Two unit multifamily property 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 and functional layout with spacious rooms and 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 property is being sold as is and requires significant repairs and updates. It will not qualify for FHA or VA financing but is an excellent candidate for a 203k renovation loan. This is a strong investment opportunity for an owner occupant or investor looking to add value in a vibrant and established community.

Property Features
  • Parking
    • Unassigned
    • Driveway
    • Garage Faces Side
  • Heating Information
    • Radiant
  • Water Features
    • Public
  • Basement
    • Full
Listing Courtesy: Real Broker, LLC - 217-960-8605
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-02-23 21:01:58. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-02-23 21:01:58
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EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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