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5705 W Cermak Road, Cicero, IL 60804

$399,000 Contingent

  • For Sale
  • Contingent
  • Commercial
  • 5,200 Sq. Ft.
  • Updated 13 days ago
5705 W Cermak Road, Cicero, IL 60804View this property at 5705 W Cermak Road, Cicero, IL 60804
5705 W Cermak RoadCiceroIL60804
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This building has had a lot of work done. Updated mechanicals, plumbing, electrical, heating systems, AC systems, windows, roof, Kitchens, bathrooms. The commercial space is great for restaurant, gaming area, bar. Large space with hardwood floors, exposed brick. A large safe from the 1920 that is a beautiful piece of artwork. Easy to show HUGE Rehab...unique vintage architectural details throughout. New Central heat, New electric, New HVAC. Refinished hardwood floors exposed brick Contemporary Industrial Decor Built in safe adds character. Ready to start your business. Easily 2000qf for your business plus a huge bsmt for storage. Bsmnt equipped w/sump pump and back up and an additional safe. All this plus a large 4 bedroom 1 bathroom apartment on the second floor. completely updated granite kitchen SS appliance. Beautiful hardwood through out and an attached extra long two car garage brick garage.

Full Property Details for 5705 W Cermak Rd

General

  • Price: $399,000
  • Taxes: $11,335 (2023)
  • Status: Contingent
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12117361
  • Updated: 9/6/2024
  • Added to Site: 60 day(s) ago

Interior

  • Flooring: Wood

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: Cicero
  • County: Cook
  • Driving Directions: Cicero west to address, east of Austin Cermak Road to address on south side of the street.
  • Location Details: Southwest Suburban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Ceiling Units, Central Building Heat, Forced Air, Gas

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Sub-Flooring: Wood
  • Stories/Levels: 2
  • Square Feet: 5,200
  • # of Stores: 1
  • Year Built: 1919
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 1
  • Units w/Refrigerators: 1
  • Units w/Range/Oven: 1

Lot Features

  • Lot Size (Sq. Ft.): 3,600
  • Lot Dimensions: 35 x 125
  • Zoning: OFFIC

Financial Considerations

  • Lease Price: $60
  • Insurance Fee: $3,600
  • Operating Expenses: $5,400
  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1919
  • Tax Amount: $11,335
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

  • Property ID: 16292040190000
Buyer's Brokerage Compensation: 2%
Not binding unless confirmed by separate agreement among applicable parties.

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— 5705 W Cermak Rd —

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Schools serving 5705 W Cermak Rd

School Districts:Cicero School District 99, J S Morton High School District 201
RatingNameGradesDistance
5
Woodrow Wilson Elementary School, Cicero, IL
2310 S 57th Ave, Cicero, IL 60804
K-60.1 mi
3
Unity Junior High School
2115 S 54th Ave, Cicero, IL 60804
7-80.6 mi
3
Morton East High School
2423 S Austin Blvd, Cicero, IL 60804
9-120.4 mi
1
J Sterling Morton Freshman Center
1801 S 55th Ave, Cicero, IL 60804
9-90.6 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5705 W Cermak Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/05/2024
Price Reduced
$399,000
-11.14%
MLS
7/22/2024
Listed
$449,000
209.66%
MLS
2/07/2014
Sold
$145,000
—
Public Record
Get Price Alerts and Save Property
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 for 5705 W Cermak Rd

Year
Property Taxes
Change
Tax Assessment
Change
2022
$11,335
1%
$25,953
—
2021
$11,203
3%
$25,953
—
2020
$10,892
9%
$25,953
27%
2019
$9,962
228%
$20,419
220%
2018
$3,036
-70%
$6,387
-71%
2017
$10,218
332%
$22,331
353%
2016
$2,368
-70%
$4,934
-71%
2015
$7,950
23%
$16,765
—
2014
$6,488
38%
$16,765
28%
2013
$4,701
-28%
$13,085
-31%
2012
$6,527
—
$19,067
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5705 W Cermak Road, Cicero, IL 60804 (MLS# 12117361) is a Commercial property. 5705 W Cermak Road is currently listed for $399,000 and was received on July 22, 2024. This property is listed by Irma Mejia from our La Grange Office.Want to learn more about 5705 W Cermak Road? Do you have questions about finding other Commercial real estate for sale in Cicero? You can browse all Cicero real estate or contact a Coldwell Banker agent to request more information.

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