Skip To Content
    Return to Previous Page

    2816 Cermak Road

    Chicago, IL 60623
    • $1,350,001
    • STATUS: Active
    • ON SITE: 144 days
    • MLS #: 10702355
    UPDATED: 52 min ago
    $1,350,001
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 19,675
      SQFT
    • $69
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1934
    County:

    School Ratings & Info

    Description

    HIGHLY MOTIVATED SELLER**RARE FIND WITH H-U-G-E-SQFT BUSINESS FOR SALE WITH REAL ESTATE! The iconic "K's Department Store" is for sale after 50 years in business serving Little Village, Lawndale, Pilsen & West Chicago Township. The building features nearly 15,000 sq ft of first floor retail space & 5 residential units for an additional 5,400 sq ft. Location, size, and visibility is unmatched. Property has two large retail entrances each open to their own 75' x 122' and 50' x 120' retail space connected through open walkway to form a staggering 125' x 122' high ceiling open retail environment. This quintessential piece of real estate spans two double and one single contiguous lots right on W. Cermak Rd and adjacent to S California Ave. Zoned B3-2 and in a busy community shopping district; ideal location for a shopping center, large stores, retail storefronts, tech hub or many other possibilities. The building features offices, inventory rooms and additional facilities. *$700k hands off rev, $2 Million/ year under active management.

    Monthly Payment Calculator



    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2020-09-22T14:52:21.477 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
    www.thewexlergroup.com/homes/105453850
    Print Image

    2816 Cermak Road Chicago, IL 60623

    • Price: $1,350,001
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 10702355
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    19,675
    SQFT
    $69
    $/SQFT
    1934
    Built
    Neighborhood:
    Chi - South Lawndale
    County:
    Cook
    Area:
    Chi - South Lawndale
    Property Description
    HIGHLY MOTIVATED SELLER**RARE FIND WITH H-U-G-E-SQFT BUSINESS FOR SALE WITH REAL ESTATE! The iconic "K's Department Store" is for sale after 50 years in business serving Little Village, Lawndale, Pilsen & West Chicago Township. The building features nearly 15,000 sq ft of first floor retail space & 5 residential units for an additional 5,400 sq ft. Location, size, and visibility is unmatched. Property has two large retail entrances each open to their own 75' x 122' and 50' x 120' retail space connected through open walkway to form a staggering 125' x 122' high ceiling open retail environment. This quintessential piece of real estate spans two double and one single contiguous lots right on W. Cermak Rd and adjacent to S California Ave. Zoned B3-2 and in a busy community shopping district; ideal location for a shopping center, large stores, retail storefronts, tech hub or many other possibilities. The building features offices, inventory rooms and additional facilities. *$700k hands off rev, $2 Million/ year under active management.
    Exterior Features

    Construction Brick Location Central Business DistrictMixed Use Area Lot Dimensions 125' X 122' Lot Sq Ft 15256 Number Of Parking Spaces 0

    Interior Features

    Air Conditioning Central Air Fire Protection Alarm On Site Number Of Apts 5 Number Of Offices 2 Number Of Stores 2 Number Of Stories 3

    Property Features

    Age Older Built Before1978 YN Yes Current Use CommercialCondominium Electrical Service 120V Power Electricity Expense 0 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Downtown ChicagoChicago SouthChicago WestChicago Southwest Gross Rental Income Amount 999 Heat Ventilation Ceiling UnitsForced AirGas Insurance Expense 0 Monthly Rental Price 0 Net Oper Income Amount 999 Number Of Tenants 5 Other Expenses 0 Potential Use CommercialResidential-Multi-FamilyRetail Rental Price 0 Tax Year 2018 Taxes 17388 Tenant Pays Scavenger Total Annual Exp 999 Total Annual Income 999 Total Monthly Income 0 Township West Chicago Water Expense 0 Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Centurion Realty & Estates Inc.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2020-09-22T14:52:21.477 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10702355-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10702355-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10702355-2.jpg
    Logo
    The Wexler Group
    16123 S LaGrange Road
    Orland Park IL, 60467