4149 West Cermak Road

$250,000

Located in Chicago’s North Lawndale, this multifamily property offers a stellar opportunity for investors ready to dive into a renovation project with strong potential for rental income.

Key Features

 

Investment Potential

This fixer-upper, needs significant TLC, is primed to become a profitable gem in a neighborhood experiencing growth.

 

  • $250,000

  • 2 units

  • Less than .25 Acre

  • North Lawndale -

    CTA bus stops at its doorstep and the CTA Pink Line's Pulaski station only 0.4 miles away (an 8-minute walk), the property ensures easy access to the Loop and Cicero.

  • Sold as-is; buyers should confirm all details, including square footage, review violation list and zoning.

 
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Neighborhood Highlights

  • Historic Architecture: Features Chicago's highest concentration of greystone rowhouses, with restoration efforts through the Historic Chicago Greystone Initiative.

  • Douglass Park: A 187-acre green space with lagoons, sports fields, community gardens, and events like Austin Harvest festival.

  • Homan Square: Revitalized former Sears headquarters, now a mixed-use hub with affordable housing, a high school, tech labs, and community center.

  • Entertainment Hub: Home to Cinespace Studios, a filming location for shows like Chicago Fire, Chicago P.D., and The Chi.

  • Culinary Offerings: Soulful dining at places like Soule and Green Tomato Cafe, with grocery options like ALDI and Cermak Fresh Market.

  • Cultural Attractions: Murphy Hill Gallery with art exhibits and North Lawndale history, plus the African Heritage Garden and historic Cobra Records site.

  • Accessibility: 15-20 minutes from downtown Chicago via Pink Line, Green Line, or I-290.