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Fully Sprinklered Two-Story Mixed-Use Building
For Sale
$650,000

10550 W Cermak Road, Westchester, IL 60154

COMMERCIAL - Westchester, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market94

Property Features for 10550 W Cermak Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning OFFIC
Fireplace 1
Directions South of 290 and West of S. Mannheim on Cermak Road in Westchester
Subdivision Westchester
Standard status Active
APN 15204181240000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11565

Utilities

Cooling system Central Air

Amenities

on-site parking
fireplace
bar

Building Details

Year built 1965
Floors in Building 2
Number of units 2
Flooring type Tile, Carpet, Vinyl
Building materials Brick, Block, Glass
Roof type Membrane
Listing Agency: RE/MAX Properties Northwest · RE/MAX International
Listed By: Brian Leahy
Added: May 7 Changed: Aug 4 Last Checked: Aug 8 at 5:06PM
MLS# 12632302

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.

10550 W Cermak Road in Westchester, IL offers a fully sprinklered two-story mixed-use building on a 0.1148-acre lot, built in 1965. The property features brick, block, and glass construction, a membrane roof, and central air conditioning. Flooring includes vinyl, carpet, and tile.

The first floor provides professional office space suitable for uses such as dental, medical, legal, accounting, or other office uses, with prior uses including dental office and property management. The second floor is a fully remodeled apartment (2018) with two bedrooms and two bathrooms, including an updated kitchen and baths, new windows and flooring, plus a fireplace and bar. Separate entrances and utilities support each unit, along with on-site parking.

The building is positioned for convenient access to O'Hare Airport, downtown Chicago, and major interstate highways.

Key Highlights

  • 0.1148‑acre lot
  • Built in 1965 with brick, block, and glass construction
  • Fully sprinklered two‑story mixed‑use building

Property Analytics

Current Use

Office buildings

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

1
Office units
1
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

912
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story mixed-use building with first-floor office space and a remodeled second-floor apartment, each with separate entrances and utilities.
Where is this mixed-use property located?
The property is located at 10550 W Cermak Road Westchester, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 0.1148‑acre lot; Built in 1965 with brick, block, and glass construction; Fully sprinklered two‑story mixed‑use building
More about this property
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