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Medical Office Building Suite
For Lease
$24 SF/Yr

10540 W Cermak Road #2, Westchester, IL 60154

Professional office building offers suites from 1,200 to 2,500 sf with 19-space parking and heat included.

Property Size2,500 SF
Days on Market165

Property Features for 10540 W Cermak Road #2

General Information

Standard status Active
Size 2,500 SF
Total Parking Spaces 19

Warehouse & Industrial

Heavy Power Yes
Sprinkler System Yes

Building Details

Year Built 1978
Listing Agency: Golden Arrow Realty Inc.
Listed By: Jerry Mustafa · License #IL47011850
Source: Birdrealtysells
Added: Feb 15 Changed: Jul 27 Last Checked: Jul 29 at 12:20PM

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.

“Professional Arts” is a multi-use office building offering suite options from about 1,200 sf up to approximately 2,500 sf for the upper level. The building is equipped for professional and medical-related uses, with many rooms featuring plumbing hookups and existing sinks. The property also includes three-phase electrical, and the building is fully sprinklered with a fire alarm.

A parking lot provides 19 spaces for tenants and visitors. The lower level is occupied by a medical/immediate care tenant offering onsite x-ray services. Lease credits may be available to assist with build-outs, and heat is included in the rent.

Suites are suited to a range of professional office needs, including medical and dental uses, as well as other professional office functions. Lease with option to purchase may be considered.

Key Highlights

  • Professional Arts office building built in 1978 with suites from 1,200 SF up to 2,500 SF (upper level).
  • Parking lot with 19 spaces, plus affordable rent with heat included.
  • Many rooms have plumbing hookups with existing sinks, previously used by medical tenants.

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

Yes
Heavy power
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

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
Rey
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Similar Off Market Nearby

  • Hillchester Animal Hospital 4700 Roosevelt Rd, Hillside, IL 60162

Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional office building offers suites from 1,200 to 2,500 sf with 19-space parking and heat included.
Where is this medical office space located?
The property is located at 10540 W Cermak Road #2 Westchester, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Professional Arts office building built in 1978 with suites from 1,200 SF up to 2,500 SF (upper level).; Parking lot with 19 spaces, plus affordable rent with heat included.; Many rooms have plumbing hookups with existing sinks, previously used by medical tenants.
More about this property
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