3515 W Cermak RD, Chicago, IL 60623
3515 W Cermak RD, Chicago, IL 60623
3515 W Cermak RD, Chicago, IL 60623
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$169,000
Est. payment /mo
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5 Beds
2 Baths
Pending

3515 W Cermak RD Chicago, IL 60623

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John Barnak III

John Barnak III

+1(630) 439-6385

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12558859

Bedrooms 5

Year Built 1878

Annual Tax Amount $2,766

Tax Year 2024

Property Sub-Type Two to Four Units

Property Description

Property requires a FULL RENOVATION and is more suited for investors or owner occupants ready to put in serious sweat equity! AS-IS SALE and requires significant repairs and updates. It will not qualify for traditional FHA or VA financing but is an excellent candidate for a 203k renovation loan. 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 layout with spacious living and dining rooms with 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 is a strong investment opportunity for an owner occupant or investor looking to add value in a vibrant and established community.

Location

State IL

County Cook

Area Chi - South Lawndale

Rooms

Basement Cellar, Full

Interior

Heating Radiant

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Melanie Little of  Real Broker, LLC 

NEARBY SCHOOL & BUSINESS

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John Barnak III

John Barnak III

Broker | License ID: 471019889

+1(630) 439-6385

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3515 W Cermak RD

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