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Listing provided courtesy of Century 21 IMPACTMREDas Distributed by MLSGrid- MLS# 12551130MLS Provider

3241 W Cermak RoadChicago, IL 60623

Commercial · 14,050 Sq. ft.
$749,900 Active

3241 W Cermak Road Overview

Time on Site:
160 days
Visits:
1

This 6,000+ sq. ft. commercial brick building is currently operating as a fully equipped auto body shop. The sale includes both the business and the real estate, making this a rare turnkey opportunity. Property & Business Features: * Newly installed spray paint booth * Two hydraulic lifts and one ramp * Additional machinery, tools, and equipment included in sale * City ordinances and licenses up-to-date * 6-year new heating system * Basement storage area * Office and customer waiting area Perfect for an owner-operator or investor looking to step into a fully operational business with strong income potential.

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3241 W Cermak Road Facts & Features

  • Type Commercial
  • Sq. ft. 14,050
  • Price/Sq.ft. $53

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Net Operating Income: 0

Building Information

  • Year Built: 1912

Business Information

  • Current Use: Automotive

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - South Lawndale

Rent/Lease Information

  • Tenant Pays: All Utilities

Tax Information

  • Tax Annual Amount: $35,879.10
  • Tax Year: 2023

General Information

  • Parcel Number: 16262060070000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 14050

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 14050
  • Stories: 2

Unit Information

  • Unit SqFt.: 14050

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 50X125
  • Lot Size Square Feet: 14500

3241 W Cermak Road Neighborhood

Community

60623 (Chicago) Demographics

33
Median Age
14,242
Population Density (per sq. mile)
17%
College Educated
$34,714
Estimated Median Income
9,269
Estimated Total Home Owners
16,477
Estimated Total Renters
36% / 64%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3241 W Cermak Road Monthly Cost

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$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3241 W Cermak Road Market Data

Based on the last 30 days in this zip code

$338,047
Average List Price
$199
Average Price per Square Foot
6
Properties Sold
76
Average Days on Market
25
Properties for Sale
Calculations provided by Reliance Network

3241 W Cermak Road History

Date Event Value Agent
3/17/2026Source: MRED Status Change
Active
3/12/2026Source: MRED Price Reduction
$749,900 -6.1%
3/12/2026Source: MRED Status Change
Price Change
1/25/2026Source: MRED Status Change
Active
1/20/2026Source: MRED Added to Database
January 20, 2026