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Professional Arts Office Building
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10540 W Cermak Road 2, Westchester, IL 60154

Professional office building ideal for medical or professional services.

Property Size2,500 SF
Days on Market166

Property Features for 10540 W Cermak Road 2

General Information

Standard status Active
Size 2,500 SF
Property subtype Office

Building Details

Year Built 1978
Listing Agency: Golden Arrow Realty Inc.
Listed By: Jerry Mustafa · License #IL47011850
Source: Crexi
Added: Feb 14 Changed: Jul 6 Last Checked: Jul 28 at 5:31PM

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 "Professional Arts" office building offers spaces from 1,200 square feet up to 2,500 square feet on the upper level. Smaller square footage requirements will be considered for synergistic businesses such as therapist/counseling, labs, prosthetics, dental, medical supply, or med spa. The property features a parking lot with 19 spaces. It is suitable for medical, dental, law offices, accounting, marketing, or other professional office uses. Previously occupied by medical users, most rooms have plumbing hookups and existing sinks. Lease credits may be available to assist with build outs. Rent includes heat. A lower-level medical/immediate care tenant offers onsite X-ray services. The building has three-phase electrical to accommodate a variety of medical, dental, and lab equipment. It is fully sprinklered with a fire alarm. 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, County Courts (Maywood), VA (Hines) Hospital, and Loyola University Medical Center (Maywood). A lease with an option to purchase will be considered.

Key Highlights

  • Ideal for medical/dental or professional offices with existing plumbing hookups and sinks in many rooms.
  • Centrally located with easy access to O'Hare Airport, downtown Chicago, County Courts, VA Hospital, and Loyola University Medical Center.
  • Onsite X‑ray services available via lower level medical/immediate care tenant.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Restaurant Food Market Grocery & Convenience Store Bakery Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby
Under-served
Demand for This Use

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional office building ideal for medical or professional services.
Where is this medical office space located?
The property is located at 10540 W Cermak Road 2 Westchester, IL.
What are key features of this property?
This property features: Ideal for medical/dental or professional offices with existing plumbing hookups and sinks in many rooms.; Centrally located with easy access to O'Hare Airport, downtown Chicago, County Courts, VA Hospital, and Loyola University Medical Center.; Onsite X‑ray services available via lower level medical/immediate care tenant.
More about this property
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