Closed

$750,000

10720 Cermak Road, Westchester, IL 60154
12 Beds8 Baths34 days
10720 Cermak Road·Westchester, IL 60154
12Bedrooms
8Bathrooms
About This Home

OFFER HAS BEEN VERBALLY ACCEPTED PENDING PAPERWORK AND WE HAVE DOZENS OF BACK UP OFFERS. PLEASE NO PHONE CALLS. A Landlord's Dream! An immaculately maintained 4-unit building with oversized, updated 3 bed/2 bath units and a 4 car garage on a large lot. Newer cabinets/vanities, quartz countertops. Spacious primary bedroom in each unit with en suite bathroom. Each unit has separate systems including individual gas furnaces, AC, electric water heater and individual electric panels and there is also a common electric service as well. Email us for a list of dates of mechanicals, appliances, etc. Two units currently have individual washer/dryer units and there is a possibility of adding washer/dryer to the remaining two but there are already two sets of washer/dryers in the basement. Massive basement with individual storage units. A turnkey property that will be a great addition to any property portfolio. All units will be vacant by early July so sellers are requesting a mid July closing date. This building is owned by a religious organization so they have a religious exemption and do not pay any property taxes; if the new buyer is not a religious organization then the property taxes will increase (please ask your real estate attorney to estimate what they think they will increase to). There are no leases or rent rolls as the occupants did not pay rent to the church. Many identical adjacent buildings have been converted into condos so there could be great opportunity here. Photos are included for 2 of the 4 units but the other 2 units look very similar. Highest and best offers are due Mon, June 9 at 10am and a decision will be made by Wed, June 11. Price escalation riders and love letters will not be accepted.

MLS# 12372119Listed May 28, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms12
Total Bathrooms8
Total Rooms32

Size & Structure

Garage Spaces4
Lot Size0.500 acres

Location

CountyCook
TownshipProviso
Zip Code60154

Financial

List Price$750,000
Parcel #15204171420000
Interior Features

Heating

Natural Gas

Basement

UnfinishedStorage SpaceFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Water Source

Lake Michigan

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
Schools
Elementary
Westchester Primary School
District: 92.5
Middle School
Westchester Middle School
District: 92.5
High School
Proviso West High School
District: 209
Property Location

10720 Cermak Road, Westchester, IL 60154 — Cook County

$750,000
10720 Cermak Road
12 bd8 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
34 days on market
4-car garage
0.500 acres
$3,942
estimated monthly payment
Principal & Interest
$3,942/mo
$750,000
20% — $150,000
3%50%
6.875%
3%12%
Loan Amount
$600,000
Down Payment
$150,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
@properties Christie's International Real Estate
Agent: Shay Hata
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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