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    5640 Cermak Rd Cicero, IL 60804

    Sponsored
    For Sale
    $964,900

    Free-standing store, high foot traffic, ample parking.

    Property size:
    7,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 7,000 square foot free-standing commercial building is situated at 5640 W Cermak Road in Cicero, Illinois, a location boasting overwhelmingly high foot traffic. The property benefits from a prime location near one of Cicero's most desirable and viable intersections, ensuring excellent visibility and accessibility. Recent upgrades include a new roof and a completely updated electrical system, minimizing maintenance concerns for the new owner. The building features high ceilings, adding to its spacious feel and potential for versatile use. A wrought iron fence enhances the property's curb appeal and security. A fully finished basement provides additional usable square footage, ideal for storage or expansion. Abundant parking is available both in front and in the rear of the building, ensuring convenience for customers and employees. The property's flexible layout makes it suitable for a variety of commercial uses, including retail, office space, and many other possibilities. The asking price for this well-maintained and strategically located property is $964,900. This is a rare opportunity to acquire a high-traffic, well-maintained commercial building in a thriving Cicero location.

    Property Features for 5640 Cermak Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,000 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.76588
    Latitude
    41.85131

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    FAQs

    What type of property is this?
    Commercial real estate - Free-standing store, high foot traffic, ample parking.
    Where is this commercial real estate located?
    The property is located at 5640 Cermak Rd Cicero, IL.
    What is the asking price?
    The asking price for this property is $964,900.
    (773) 637-0010
    Request Owner's contact information
    5640 Cermak Rd Cicero, IL 60804
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    Cicero, IL 60804
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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
    5640 Cermak Rd Cicero, IL 60804
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