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Property profile & analytics
OFF-MARKET
Retail space

5640 Cermak Rd Cicero, IL 60804-2221

0.19 ac lot Built 1907
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US28-2228061
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1907
Lot 0.19 ac (8,250 SF)
APN 16-20-431-021
UPID US28-2228061
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
5640 Cermak LLC · 9 yrs held
5640 Cermak LLC
since 2017
3 recorded transactions
2017
$330,000
2004
$942,500
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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