Listed by Compass Roscoe Village
$390,000
2915 W Cermak Road
Details
APN 16251040002000
Property Type Mixed Use, Office
Sub Type Traditional Office, Mixed Use
Square Footage 5,760
Units 2
NOI $25,963
Year Built 1913
Lot Size (SqFt) 2,880
Zoning OFFIC
Mixed Use | 5,760 SqFt
Marketing description
(((!!BIG PRICE DROP IN LITTLE VILLAGE!!))) Great looking Mixed Use Property. Property consists of (1) large lightly renovated commercial space with ((14 ft ceilings)) that is currently occupied, and gets $1800 per month for rent with a lease for 2 years ending 01/2028. And (1) 1 bed 1 bath apartment currently occupied as well getting $1250 for rent with a lease ending 08/2026. The commercial space was lightly renovated and the following work was completed: New paint, New bathroom, Furnace was recently serviced, New LED lights installed throughout, Tuckpointed the rear of the building and Installed new tempered glass windows in the front. In the 1 bedroom 1 bathroom apartment the work that was completed is as follows: New paint, New hardwood floors, New plumbing, New bathroom sink, New toilet, New appliances and New kitchen sink. ((THERE'S NO PARKING)). There are a total of 1.5 bathrooms. The basement is a half basement, about 400 sq ft and it is unfinished.
Listing Contacts
Listed by Compass Roscoe Village
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$25,963.00
$2,163.58/mo
Valuation Metrics
0
DSCR
6.66%
Cap Rate
6.66%
ROI
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