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Property profile & analytics
OFF-MARKET
Retail space

6830 Cermak Rd Berwyn, IL 60402-2240

0.09 ac lot Built 1952
Trust Owned 14-yr Hold Free & Clear
Property ID
US28-2301347
Property summary
AI-generated overview

This exceptional 3,696 square foot retail/store/office building enjoys a highly visible location on Cermak Road in Berwyn, Illinois, a street known for its significant traffic volume. The property currently features a three-store setup, offering flexibility for a variety of uses. Businesses could maintain the existing configuration or combine spaces to suit their specific needs. The building presents a unique opportunity for medical offices, which benefit from tax-exempt status. Convenience is a key feature, with a private, eight-car parking lot supplementing the ample street parking available. This ensures easy access for customers and employees alike. The property's prime location and versatile layout make it an attractive investment opportunity. Given its high visibility and convenient parking, this building is ideally suited for businesses seeking strong customer accessibility and exposure to a large daily traffic flow. The combination of location, size, and parking makes this a rare find in the Berwyn market. Serious inquiries are encouraged

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1952
Lot 0.09 ac (3,876 SF)
APN 16-19-330-031
UPID US28-2301347
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Patel Ramaben J Trust · 14 yrs held
Patel Ramaben J Trust
since 2012
2 recorded transactions
2012
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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