$895,000
$45K PRICE DROP

Estimated payment $5,401/month

Total Views 1,260
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

This home is located at 3723 W Cermak Rd, Chicago, IL 60623 and is currently priced at $895,000. This property was built in 1914. 3723 W Cermak Rd is a home located in Cook County with nearby schools including Cardenas Elementary School and St. Agnes of Bohemia School.

Listing Agent

Ryan Blake

Nara Advisors, Inc License #471021920 Listed on: 06/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,595

Year Built

  • Built in 1914

Home Design

  • Brick Exterior Construction

Additional Features

  • 2-Story Property
  • Lot Dimensions are 41x164
  • Floor Furnace

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $467
  • Fuel Expense $793
  • Insurance Expense $7,258
  • Maintenance Expense $2,400
  • Other Expense $8,745
  • Trash Expense $2,958
  • Water Sewer Expense $4,000
  • Operating Expense $35,926
  • Gross Income $101,460
  • Net Operating Income $61,637

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,595

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1914
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 895000

Utilities

  • Heat/Ventilation: Individual Furnaces

Fee Information

  • Trash Expense: 2958
  • Water Sewer Expenses: 4000
  • Janitor Expense: 1440

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 41X164

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 61637
  • Fuel Expense: 793
  • Insurance Expense: 7258
  • ElectricExpense: 467
  • GrossIncome: 101460
  • Maintenance Expense: 2400
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 35926
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 7595.45
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $895,000 -4.8% --
06/24/2025 06/24/25 For Sale $940,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12402349

Midwest Real Estate Data (MRED)

APN: 16261050010000