Professional Arts Office
For Sale
Contact for pricing
10540 W Cermak Road, Westchester, IL 60154
5,400 SF office building with existing tenant.
Property Size5,400 SF
Price / SF$111.09
Days on Market187
Property Features for 10540 W Cermak Road
General Information
Standard status
Active
Size
5,400 SF
Property subtype
Office
Zoning
COMMR
Occupancy
50%
Lease Type
Gross
Investment Type
Owner/User
Building Details
Year Built
1978
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Golden Arrow Realty Inc.
(773) 544-7790
Listed By:
Jerry Mustafa · License #IL47011850
Source:
Crexi
Added: Feb 14
Changed: Aug 17
Last Checked: Aug 20 at 5:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Golden Arrow Realty Inc.
Investment Insights
Based on property information with market context.
This 5,400 square foot "Professional Arts" office building offers 2,500 square feet for business use, along with an existing immediate care/medical tenant for cash flow. The property includes a parking lot with 19 spaces. It is suitable for medical, dental, law, accounting, marketing, or other professional office uses. The upper level, previously used as medical offices, features multiple bathrooms and can be divided into two tenant spaces or rented as individual private office suites. The lower level is a remodeled medical space occupied by a current immediate care tenant with on-site x-ray services. The building has three-phase electrical to accommodate medical, dental, and lab equipment, and is fully sprinklered with a fire alarm system. There is a possibility of converting the property to mixed-use to potentially lower the tax bill. The building has high visibility with average daily traffic flow similar to Mannheim/Lagrange Road. It is centrally located for easy access to O'Hare Airport, downtown Chicago, and County Courts in Maywood.
Key Highlights
- Instant cash flow from existing medical tenant (Immediate care) in remodeled lower level with onsite x‑ray services.
- 2,500 sf available for owner's business in a 5,400 sf building**, ideal for various professional office uses (Medical/Dental, Law, Accounting, Marketing).
- Upper level can be divided into two tenant spaces or individual private office suites with multiple bathrooms.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60154, IL
16,895
Population
7,376
Households
2.3
Avg Household Size
48
Median Age
46%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
3,840
Density / Sq Mi
$103,561
Median Household Income
$60,967
Median Earnings
$1,767
Median Rent
$297,400
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 5,400 SF office building with existing tenant.
Where is this medical office space located?
The property is located at 10540 W Cermak Road Westchester, IL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Instant cash flow from existing medical tenant (Immediate care) in remodeled lower level with onsite x‑ray services.; 2,500 sf available for owner's business in a 5,400 sf building**, ideal for various professional office uses (Medical/Dental, Law, Accounting, Marketing).; Upper level can be divided into two tenant spaces or individual private office suites with multiple bathrooms.
