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3311 W Cermak Road,  Chicago IL, 60623

(Active)
$260,000
|
9 beds, 4 baths
|
MLS# 11939531
Last Updated: 5/18/2024 6:42 AM
Description for 3311 W Cermak Road Chicago, IL 60623
It is very rare to find a 4 unit sold brick cash cow building in this area. 2 bedroom 1 bathroom unit for $900/mo on MTM lease. 5 bedroom 1 bathroom unit is being rented for $1200/mo on MTM. 1 bedroom 1 bathroom rented for $600/mo. 1 bedroom 1 bathroom vacant. Appraisal has been done and we just need a contract for final short sale approval at list price. Cash is HIGHLY preferred! Property has violations AND permanent injunction that buyer needs to clear after closing. Do not submit an offer if you are not positive you are willing to take on the violations. Please pull violations from Building Dept website. Photos are of the vacant unit. *****Cash HIGHLY preferred****** NO FHA MUST BE WILLING TO TAKE PROPERTY AS IS SUBJECT TO ANY AND ALL VIOLATIONS. NO FHA LOANS. This is a short sale and subject to final approval from the bank. Property being sold as is with no repairs or credits by seller. No survey provided by seller. For fastest response, please TEXT instead of calling. See documents for info on violations and injunction.
Price
$260,000
Cook
9
4
11939531
Active
Description
It is very rare to find a 4 unit sold brick cash cow building in this area. 2 bedroom 1 bathroom unit for $900/mo on MTM lease. 5 bedroom 1 bathroom unit is being rented for $1200/mo on MTM. 1 bedroom 1 bathroom rented for $600/mo. 1 bedroom 1 bathroom vacant. Appraisal has been done and we just need a contract for final short sale approval at list price. Cash is HIGHLY preferred! Property has violations AND permanent injunction that buyer needs to clear after closing. Do not submit an offer if you are not positive you are willing to take on the violations. Please pull violations from Building Dept website. Photos are of the vacant unit. *****Cash HIGHLY preferred****** NO FHA MUST BE WILLING TO TAKE PROPERTY AS IS SUBJECT TO ANY AND ALL VIOLATIONS. NO FHA LOANS. This is a short sale and subject to final approval from the bank. Property being sold as is with no repairs or credits by seller. No survey provided by seller. For fastest response, please TEXT instead of calling. See documents for info on violations and injunction.
Listing Information
Property Type: Multi-Family, Other
9 4
15 1890 Yes-2 spaces
Brick
West Chicago//
Concrete Perimeter
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Gas Heat
Finished, Full
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces,
Brick
Porch
Asphalt
25X125
MULTI
Driving Directions
On Cermak Road, West of Kedzie Avenue
Financial Considerations
16262050050000
$3,185
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60623 has a population of 2,781,445.

The median household income in Chicago, Illinois 60623 is $35,241. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60623 is 38 years.

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Courtesy: Core Realty & Investments, Inc
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/18/2024. 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.

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This content last refreshed on 5/18/2024 6:42 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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