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32468792
32468793

3142 West Cermak Road, Chicago, IL 60623

AL
IL 475130926
SVN | Chicago Commercial
PC
IL 475130924
SVN | Chicago Commercial
Listed by SVN | Chicago Commercial
$995,000
26 days on market
Updated 26 days ago

Little Village Mixed-Use | Steps to Pink Line

Details
APN 16-24-310-021-0000
Property Type Retail, Multifamily (+1)
Sub Type Apartment Building, Storefront
Square Footage 7,496
Tenancy Multi
Broker Co-Op True
Year Built 1888
Buildings 1
Stories 4
Acreage 3204.000
Zoning C1-2
Ground Lease No
Sale Condition N/A

Little Village Mixed-Use | Steps to Pink Line

Marketing description

Property Description

Beautiful large Greystone building that has been fully renovated and meticulously maintained. The property is currently fully occupied with a great mix of units, including two 2-bed/1-bath units, two 3-bed/1-bath units and the top floor non-conforming unit encompasses the entire floor and is built-out as with 6 separate private bedrooms, 3 showers, 3 private bathrooms, a large kitchen and living room. There is a garage in the rear of the property generating additional income.

Location Description

Located at 3142 W Cermak Road in Chicago’s vibrant Little Village neighborhood, the subject property benefits from a strategic position just east of Kedzie Avenue along one of the area’s most active commercial corridors. Little Village is a densely populated and culturally rich community approximately five miles southwest of The Loop, making it an attractive location for retailers, service businesses, and investors seeking strong urban demographics with close proximity to downtown Chicago.

The property offers outstanding accessibility via public transportation, situated only one block from the CTA Pink Line station at Kedzie Avenue. This provides convenient connectivity to downtown Chicago and surrounding neighborhoods, enhancing the site’s appeal for both customers and tenants. In addition, Kedzie Avenue serves as a major north-south thoroughfare with direct access to Interstate 290 and Interstate 55, allowing for efficient regional travel.

Investment highlights

  • Steps to CTA Pink Line
  • Excellent Street Exposure
  • Nicely Updated Building
  • Income-Producing Rear Garage
  • Full Floor Unit
  • Consistently 100% Leased with High-Quality Tenants
  • Walking Distance to Retail

Listing Contacts

AL
IL 475130926
SVN | Chicago Commercial
PC
IL 475130924
SVN | Chicago Commercial
Listed by SVN | Chicago Commercial

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