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$900,000
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Property Description
Welcome to this versatile mixed-use property in the heart of Pilsen! Perfect for investors or owner-occupants, this building offers incredible potential in a prime location. The two spacious three-bedroom apartments each feature two living rooms and dining areas, providing plenty of room for comfortable city living. The 1,000 sq. ft. storefront showcases an open layout with new windows, lighting, and flooring, making it an excellent opportunity for a variety of business ventures. A recently remodeled bath and the option for additional office space in the partial basement add to its functionality. Outside, enjoy a fenced backyard, private porches/decks for each unit, and a two-car garage, with plenty of street parking available for added convenience. Don't miss this Pilsen gem-an ideal blend of residential comfort and commercial opportunity!
Full Property Details
Full Property Details for 2140 W Cermak Rd
General
- Price: $900,000
- Taxes: $7,595 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12453582
- Updated: 11/30/2025
- Added to Site: 147 day(s) ago
Interior
- Interior Features: Multi-Tenant, Private Restroom(s), Basement
- Flooring: Vinyl
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Lower West Side
- County: Cook
- Driving Directions: Cermak Rd west of Damen Ave
- Location Details: Chicago South, Mixed-Use Area, Public Transport Avail, High Traffic Area
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Gas, Radiators
Utilities
- Onsite: Electricity to Site, Natural Gas Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Sub-Flooring: Vinyl
- Stories/Levels: 3
- Square Feet: 4,320
- # of Stores: 1
- Year Built: 1896
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,000
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Potential Use: Commercial
- Zoning: MULTI
Financial Considerations
- Lease Price: $32
- Security Deposit: Other
- Assessment Year: 1896
- Tax Amount: $7,595.66
- Tax Year: 2023
- Tenant Pays: Common Area Maintenance, Electricity, Heat, Insurance
Disclosures and Reports
- Property ID: 17193240320000
Listed by Re/Max In The Village
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Schools
Schools serving 2140 W Cermak Rd
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ruiz Elementary School 2410 South Leavitt Street, Chicago, IL 60608 | PK-8 | 0.3 mi |
Juarez Community Academy High School 1450 West Cermak Road, Chicago, IL 60608 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2140 W Cermak Rd
Date
Details
Price
Change
Source
11/24/2025
Price Reduced
$900,000
-10%
MLS
8/22/2025
Listed
$999,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2140 W Cermak Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,596
3%
$36,000
—
2022
$7,405
2%
$36,000
—
2021
$7,239
26%
$36,000
39%
2020
$5,765
-4%
$25,879
-13%
2019
$5,977
2%
$29,747
—
2018
$5,876
21%
$29,747
32%
2017
$4,866
7%
$22,602
—
2016
$4,527
9%
$22,602
—
2015
$4,142
4%
$22,602
5%
2014
$3,981
2%
$21,457
—
2013
$3,903
1%
$21,457
—
2012
$3,850
—
$21,457
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2140 W Cermak Rd
2140 W Cermak Road, Chicago, IL 60608 (MLS# 12453582) is a Commercial property. 2140 W Cermak Road is currently listed for $900,000 and was received on August 22, 2025. Want to learn more about 2140 W Cermak Road? Do you have questions about finding other Commercial real estate for sale in Lower West Side? You can browse all Lower West Side real estate or contact a Coldwell Banker agent to request more information.

