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Medical Office Building
For Sale
$599,900

10540 W Cermak Road, Westchester, IL 60154

Commercial Sale, Westchester, IL

Property Size5,400 SF
Lot Size0.22 Acres
Price / SF$111.09
Days on Market206

Property Features for 10540 W Cermak Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions On North Side of Cermak Rd. two blocks west of Mannheim.
Subdivision Westchester
Standard status Active
APN 15204181290000
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 31744

Utilities

Cooling system Central Air, Exhaust Fan (Cooling)

Building Details

Year built 1978
Floors in Building 2
Number of units 2
Flooring type Tile, Vinyl, Carpet
Building materials Brick
Listing Agency: Golden Arrow Realty Inc.
Listed By: Jerry Mustafa · License #IL47011850
Added: Feb 14 Changed: Sep 2 Last Checked: Sep 8 at 10:06PM
MLS# 12567671

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,400-square-foot brick medical office building, constructed in 1978, includes 2,500 square feet designated for an owner-user business alongside an occupied immediate care operation. The lower level has been remodeled for medical use and includes onsite X-ray services. The upper floor was previously configured for medical offices, includes multiple bathrooms, and can be arranged as two suites or individual private offices.

The property includes a 19-space parking lot, tile, carpet, and vinyl flooring, central air, and an exhaust fan. Three-phase electrical service supports medical, dental, and laboratory equipment. A sprinkler system and fire alarm are installed. Located on W Cermak Road in Westchester, the building offers access to O’Hare Airport, downtown Chicago, and the County Courts in Maywood. Zoning is COMMR.

Key Highlights

  • 5,400 sf brick medical office building on 0.22 acres
  • 2,500 sf available for an owner‑user business with an existing immediate care tenant
  • Remodeled lower‑level medical space includes onsite X‑ray services

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Restaurant Food Market Grocery & Convenience Store Bakery Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60154, IL

16,895
Population
7,376
Households
2.3
Avg Household Size
48
Median Age
46%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
3,840
Density / Sq Mi
$103,561
Median Household Income
$60,967
Median Earnings
$1,767
Median Rent
$297,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • Hillchester Animal Hospital 4700 Roosevelt Rd, Hillside, IL 60162

Frequently Asked Questions

What type of property is this?
Medical Office Space - Remodeled clinical space and adaptable upper-floor offices support multiple professional configurations.
Where is this medical office space located?
The property is located at 10540 W Cermak Road Westchester, IL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 5,400 sf brick medical office building on 0.22 acres; 2,500 sf available for an owner‑user business with an existing immediate care tenant; Remodeled lower‑level medical space includes onsite X‑ray services
More about this property
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