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5113 W cermak Road Cicero, IL 60804
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Key Details
Sold Price $249,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $103
MLS Listing ID 09980016
Sold Date 11/08/18
Year Built 1904
Annual Tax Amount $6,036
Tax Year 2016
Lot Dimensions 30\" X 125'
Property Description
Great investment opportunity (10.8% CAP Rate). Recently remodeled, fully occupied, mixed-use building steps away from Cicero Town Hall. Newer windows, plumbing, electric, HVAC system. 1st floor feat. front desk area, work area, 2 private offices, kitchenette, bathroom. The storefront is occupied by an insurance company for 1,600/month and lease expires on Nov. 30, 2019. 2nd floor is a recently updated 3 bed/1 bath apartment. Rent is $1,250/month and lease expires on 5/31/19. Beautiful investment property on Cermak Rd with great visibility and exposure; near shopping, transportation and I-290.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Flooring Wood
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
View Y/N true
Building
Foundation Other
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Bought with Tapia Realty, Inc.