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    10540 Cermak Rd Westchester, IL 60154

    Sponsored
    For Sale
    $579,900

    Spacious Office Building, Heat Included, Ample Parking

    Property size:
    5,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 5,400 square foot office building in Westchester, IL, presents a fantastic opportunity for medical or professional practices. Situated on a 0.22-acre lot at 10540 W Cermak Road, this property offers versatile space configurations to suit various needs. The building boasts multiple suite options, including 1,250 sq ft, 2,500 sq ft, and the entire 5,400 sq ft. The upper level features two private offices with eight rooms, previously utilized as medical examination rooms, sharing a full private bathroom. This area is easily divisible, ideal for two separate practices. Convenient public restrooms are also available within the building. The mezzanine level has been completely remodeled and currently houses a thriving medical practice, showcasing its adaptability. This section is divided into three private offices. A significant advantage is the inclusion of heat for all tenants, reducing operational costs. Off-street parking is provided, ensuring convenient access for clients and staff. The property's prime location adds to its appeal, making it an excellent investment for any professional seeking a well-maintained and functional workspace. The building is available immediately.

    Property Features for 10540 Cermak Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,400 SF
    Lot Size
    9,583 SF

    Building Details

    Year Built
    1978
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Westchester
    County
    Cook
    State
    Illinois
    Longitude
    -87.88554
    Latitude
    41.84883

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Office Building, Heat Included, Ample Parking
    Where is this commercial real estate located?
    The property is located at 10540 Cermak Rd Westchester, IL.
    What is the asking price?
    The asking price for this property is $579,900.
    (773) 637-0010
    Request Owner's contact information
    10540 Cermak Rd Westchester, IL 60154
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    Realmo Value Estimation

    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.

    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.

    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
    10540 Cermak Rd Westchester, IL 60154
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