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2816 West Cermak Road

2816 West Cermak Road, Chicago, IL 60623
Commercial in Little Village
2816 West Cermak Road has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1939 and is 85 years old. The home has a total of 20 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 7 partial bathrooms in the home. The building has a total of 3 stories. In addition, 2816 West Cermak Road has 19,675 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,100 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2816 West Cermak Road was last sold in Apr 7, 2023 for $1,000,000. According to our calculations, that's $50.83 per sqft. Current property owners are expected to pay $3,081 in taxes per year. The property on 2816 West Cermak Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $14,981. To break that down further, the land itself was valued at $7,168. While improvements to the property were assessed at a total of $7,813. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201020
10/20/2020
Loft
-
-
$1,300,000
bedrooms
Loft
bathrooms
-
-
-
-
-
20190219
02/19/2019
Studio
-
-
$2,200,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 8
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 6
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,100
  • Total Building Area: 19,675
  • Gross Building Area: 19,675
  • Building Area: 19,675
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 19,675
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEVI P MORTONS
  • Land Acres: 0.14
  • Standard Land Use Code: Misc Residential improvement

Ownership

  • Current Owner : 2814 CERMAK LLC
  • Previous Owner : SAMMIE HARRY KAPLAN TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 840700

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-24-315-035-0000
  • Block: 3
  • Lot: 8,9
  • Meridian: SEC 24 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8522
  • Longitude: -87.6963

    Address

  • Full Address: 2816 W Cermak Rd
  • Address - House Number: 2816
  • Street Direction: W
  • Address - Street Name: Cermak
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Chicago
  • Carrier Code: C005
  • 4-Digit Zip Code: 3512
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,081
  • Tax Rate Code Area: 77001

    Market Valuation

  • Market Total Value: $149,810
  • Market Land Value: $71,680
  • Market Improvement Value: $78,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,981
  • Assessed Land Value: $7,168
  • Assessed Improvements Value: $7,813

    Sales

  • Current Sale Contract Date: Apr 07, 2023
  • Current Sale Recording Date: May 10, 2023
  • Current Sale Transaction ID: 11906276245
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 45067

About West Side



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Frequently Asked Questions

What neighborhood is 2816 West Cermak Road located in?
The 2816 West Cermak Road is a commercial located in the neighborhood of Little Village in West Side, Chicago.
What is the average sales price for listings in 2816 West Cermak Road?
The average sales price for units in 2816 West Cermak Road is $0 currently.

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