Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6612-14 Cermak Road Berwyn, IL 60402

    View on Map
    Picture of Storefront properties at 6612-14 Cermak Road, Berwyn, IL
    For Sale
    $449,900

    COMMERCIAL - Berwyn, IL

    Type:Retail
    Lot size:
    0.15 Acres
    Added:
    Nov 7, 2025
    Days on Market:
    144
    Last Refresh:
    Mar 31 at 2:06 pm

    Property Features for 6612-14 Cermak Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    16194270230000
    Lot size
    0.15 Acres

    Taxes and HOA fees

    TaxYear
    2023
    TaxAnnualAmount
    10218

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1952
    Floors in Building
    1
    Number of units
    3

    We can help!

    Listing Contact
    Laura Catrambone-Gerace
    Laura Catrambone-Gerace

    Listing agent Laura Catrambone-Gerace License #47101932

    Listing office Coldwell Banker Stratford Place 10555 W. Cermak Road, WESTCHESTER, IL

    Listing date Nov 7, 2025

    MLS# 12513685

    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.

    Overview

    Berwyn Commercial Property for Sale

    A commercial property is available for sale in Berwyn, Illinois. The property is located at 6612-14 Cermak Road, in Cook County. The lot size is approximately 0.1492 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Forever Roses Chicago infinity roses outlet — 6025 W Cermak Rd suite # 2, Cicero, IL 60804
    • V & A Flowers and Gifts — 6531 Cermak Rd, Berwyn, IL 60402
    • Creaciones Diana's — 6104 W Cermak Rd, Cicero, IL 60804

    Location Insight

    • Map
    • Local Demand
    City
    Berwyn
    County
    Cook
    State
    Illinois
    Longitude
    -87.7891192
    Latitude
    41.8508858

    Nearby Similar for Sale

    • $216,900

      Berwyn Retail/Warehouse Opportunity

      Retail/warehouse building in Berwyn with excellent accessibility.
      2709 Ridgeland Avenue, Berwyn, IL 60402
      View Details
    • $549,900

      Berwyn Multifamily Property Near Train

      Two-unit property with vintage details, close to transportation.
      3109 Clarence Avenue, Berwyn, IL 60402
      View Details
    • $520,000

      Renovated Duplex with Income Potential

      Fully renovated duplex in Berwyn with immediate income potential.
      2108 Highland Avenue, Berwyn, IL 60402
      View Details
    • $550,000

      Berwyn Multi-Unit Investment Opportunity

      Well-maintained 3-unit building in Berwyn, ideal for investors.
      1821 Grove Avenue, Berwyn, IL 60402
      View Details
    • $429,000

      Berwyn Multi-Unit Investment Opportunity

      Cash-flow friendly multi-unit property in a convenient Berwyn location.
      3636 Oak Park Avenue, Berwyn, IL 60402
      View Details
    • $697,000

      Berwyn Commercial Property For Sale

      Commercial property available in Berwyn, Illinois.
      6233 W Cermak Road, Berwyn, IL 60402
      View Details
    • $899,000

      Berwyn Commercial Property for Sale

      Commercial property available in Berwyn, Illinois.
      6833 Stanley Avenue, Berwyn, IL 60402
      View Details
    • $459,000

      Berwyn Investment Two-Flat with Updates

      Updated Berwyn two-flat with tenants, near Amtrak and Mac Neal.
      3213 Cuyler Avenue, Berwyn, IL 60402
      View Details
    • $1,499,000

      Berwyn Mixed-Use Investment Property

      Remodeled Berwyn mixed-use property with apartments and commercial units.
      3239 Grove Avenue, Berwyn, IL 60402
      View Details
    • $500,000

      Berwyn Multi-Family Tudor

      Well-maintained three-unit building in Berwyn's Gold Coast.
      1835 HOME Avenue, Berwyn, IL 60402
      View Details
    • $314,500

      Berwyn Brick Two-Unit Building

      Two-unit building near parks, schools, and transportation.
      3019 Wesley Avenue, Berwyn, IL 60402
      View Details
    • $465,000

      Berwyn Commercial Condo For Sale

      Turnkey dental condo with equipment available in Berwyn, IL.
      3302 Grove Avenue, Berwyn, IL 60402
      View Details

    FAQs

    What type of property is this?
    Storefront property - Commercial property available in Berwyn, Illinois.
    Where is this storefront property located?
    The property is located at 6612-14 Cermak Road Berwyn, IL.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: Central air conditioning for year‑round comfort; Built in 1952
    (708) 562-4900
    We can help!
    Listing Contact
    Laura Catrambone-Gerace
    Laura Catrambone-Gerace
    Real Estate License ID: 47101932
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!