NOT LISTED FOR SALE

2228 W Cermak Rd Chicago, IL 60608

Heart of Chicago Neighborhood
3 Beds
2 Baths
2,998 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: September 24, 2018

Last sale price $800,000 $267 Per Sq Ft

1 Day on Market

About This Home

As of September 2018

Brand newly rehabbed 3-unit Investment Property. Please note pictures are of a similar project by the same developer, and will be almost identical for the unit. ALL RENTS ARE PROJECTED YET ACCURATE FOR THE AREA.

Last Agent to Sell the Property

Lawrence Dunning

Fulton Grace Realty License #475164126 Listed on: 08/14/2018

Fulton Grace Realty

Last Buyer's Agent

Lawrence Dunning

Fulton Grace Realty License #475164126 Listed on: 08/14/2018

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,837

Year Built

  • Built in 1890

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,837

Year Built

Built in 1890

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: None
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5836.78
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat
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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 List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $800,000 0.0% $267 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/14/2018 08/14/18 Off Market $800,000 -- --
08/14/2018 08/14/18 For Sale $800,000 -- $267 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $11,815 $54,001 $11,563 $42,438
2024 $11,815 $54,001 $11,563 $42,438
2023 $11,518 $56,000 $9,375 $46,625
2022 $11,518 $56,000 $9,375 $46,625
2021 $11,261 $56,000 $9,375 $46,625
2020 $6,088 $27,328 $7,343 $19,985
2019 $6,311 $31,412 $7,343 $24,069
2018 $6,205 $31,412 $7,343 $24,069
2017 $5,837 $30,489 $6,406 $24,083
2016 $5,606 $30,489 $6,406 $24,083
2015 $5,106 $30,489 $6,406 $24,083
2014 $4,144 $24,905 $5,625 $19,280
2013 $4,051 $24,905 $5,625 $19,280
Source: Public Records

Agents Affiliated with this Home

  • Lawrence Dunning

    Seller's Agent in 2018

    Lawrence Dunning

    Fulton Grace

    (312) 286-0427

    17 in this area

    224 Total Sales

    Lawrence Dunning
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10052147

Midwest Real Estate Data (MRED)

APN: 17193230370000

Illinois Cook County Chicago 60608 Heart of Chicago

2228 W Cermak Rd, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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