Brick Mixed-Use Building with
For Sale
Contact for pricing
3053 W Cermak Rd, Chicago, IL 60623
Large brick building with apartments and a retail unit, plus a two-level rear coach house and full basement.
Property SizeContact for details
Days on Market121
Property Features for 3053 W Cermak Rd
General Information
Standard status
Active
Property subtype
Mixed Use, Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
7
Listing Agency:
SVN | Chicago Commercial
(312) 676-1878
Listed By:
Angelo Labriola · License #IL 475130926
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 3:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Chicago Commercial
Investment Insights
Based on property information with market context.
This large brick mixed-use property includes 7 apartments, one retail unit, and one non-conforming unit. One apartment has been renovated and is currently leased, providing immediate rental income within the building. At the rear, the coach house is two levels with a large attached storage area that may support redevelopment into additional residential space, subject to approvals.
The building also features a full basement. It benefits from strong street visibility and is located on Cermak Road in Chicago’s Little Village neighborhood, with retail and transit convenience nearby, including close proximity to the CTA Pink Line. The property reports approximately 13,700 vehicles per day passing in front of the building and offers easy access to I-55 and I-294.
Overall, the configuration combines residential and retail components in a single, well-exposed brick structure, with additional space in the rear coach house and basement.
The building also features a full basement. It benefits from strong street visibility and is located on Cermak Road in Chicago’s Little Village neighborhood, with retail and transit convenience nearby, including close proximity to the CTA Pink Line. The property reports approximately 13,700 vehicles per day passing in front of the building and offers easy access to I-55 and I-294.
Overall, the configuration combines residential and retail components in a single, well-exposed brick structure, with additional space in the rear coach house and basement.
Key Highlights
- Brick building with 7 apartments, 1 retail unit, and 1 non‑conforming unit
- Rear coach house is 2 levels with a large attached storage area for potential duplex conversion
- One renovated unit is leased for $945 per month
Property Analytics
Current Use
Lease Details
7
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,786
Businesses Nearby
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Large brick building with apartments and a retail unit, plus a two-level rear coach house and full basement.
Where is this apartment building located?
The property is located at 3053 W Cermak Rd Chicago, IL.
What are key features of this property?
This property features: Brick building with 7 apartments, 1 retail unit, and 1 non‑conforming unit; Rear coach house is 2 levels with a large attached storage area for potential duplex conversion; One renovated unit is leased for $945 per month
