6117 W Cermak Rd Cicero, IL 60804
Estimated payment $17,359/month
About This Home
Check out this well maintained, turn-key Cicero mixed use building. The building features 16 studios, 8 single beds with one bath and 3 commercial spaces occupied with long term and stable tenants. Building features onsite laundry (coin operated) and is located on a great part of Cermak Ave on the Berwyn border. Units are mixed between well maintained vintage and updated units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $46,642
Year Built
- Built in 1928
Home Design
- Garden Apartment
Additional Features
- 3-Story Property
- Lot Dimensions are 60x100
- Central Heating
Community Details
Overview
- 27 Units
Building Details
- Electric Expense $1,283
- Fuel Expense $9,453
- Insurance Expense $9,500
- Trash Expense $3,667
- Water Sewer Expense $12,103
- Operating Expense $132,900
- Gross Income $307,827
- Net Operating Income $144,892
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $56,161 | $137,870 | $7,654 | $130,216 |
| 2023 | $56,161 | $154,507 | $7,654 | $146,853 |
| 2022 | $56,161 | $128,593 | $11,981 | $116,612 |
| 2021 | $55,509 | $128,591 | $11,980 | $116,611 |
| 2020 | $53,968 | $128,591 | $11,980 | $116,611 |
| 2019 | $50,013 | $102,512 | $7,321 | $95,191 |
| 2018 | $48,732 | $102,512 | $7,321 | $95,191 |
| 2017 | $46,908 | $102,512 | $7,321 | $95,191 |
| 2016 | $37,050 | $77,208 | $6,988 | $70,220 |
| 2015 | $39,483 | $83,263 | $6,988 | $76,275 |
| 2014 | $53,229 | $116,473 | $6,988 | $109,485 |
| 2013 | $29,948 | $72,477 | $6,988 | $65,489 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | For Sale | $2,400,000 | +29.0% | -- |
| 06/17/2021 06/17/21 | Sold | $1,860,000 | 0.0% | -- |
| 06/16/2021 06/16/21 | Off Market | $1,860,000 | -- | -- |
| 04/03/2021 04/03/21 | For Sale | -- | -- | -- |
| 04/02/2021 04/02/21 | Pending | -- | -- | -- |
| 03/15/2021 03/15/21 | For Sale | $1,885,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,860,000 | First American Title | |
| Special Warranty Deed | -- | First American Title | |
| Deed | $1,300,000 | Chicago Title Land Trust Co | |
| Warranty Deed | $745,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,488,000 | Commercial | |
| Previous Owner | $1,240,000 | Construction | |
| Previous Owner | $975,000 | Commercial | |
| Previous Owner | $990,000 | Commercial | |
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $695,000 | Commercial | |
| Previous Owner | $562,500 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12381241
APN: 16-29-105-001-0000
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