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Two-Story Mixed-Use Building
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10550 W Cermak Road, Westchester, IL 60154

Sprinklered property combines professional office space with a remodeled apartment.

Property Size2,998 SF
Days on Market27

Property Features for 10550 W Cermak Road

General Information

Standard status Active
Size 2,998 SF
Property subtype Commercial
Zoning OFFIC

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Floor First Floor
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $11,565

Amenities

fireplace
bar

Building Details

Building Size 2,998 SF
Year Built 1965
Buildings 1
Stories 2
Units 2
Tenancy Multi
Listing Agency: RE/MAX Properties Northwest
Listed By: Brian Leahy
Source: Ozmentrealestate
Added: Aug 5 Changed: Aug 28 Last Checked: Aug 29 at 10:22AM

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 RE/MAX Properties Northwest

Investment Insights

Based on property information with market context.

This 2,998-square-foot, two-story mixed-use building, constructed in 1965, pairs professional office space with a residential apartment. The first floor is configured for office occupancy and has previously served dental and property management uses. Separate entrances and utilities support distinct operation of each floor, while on-site parking serves the property.

The second floor contains a fully remodeled 2-bedroom, 2-bath apartment completed in 2018. Improvements include an updated kitchen, bathrooms, windows, and flooring, along with a fireplace and bar. The building is fully sprinklered and offers access to O'Hare Airport, downtown Chicago, and major interstate highways.

Key Highlights

  • 2,998‑square‑foot, two‑story mixed‑use building constructed in 1965
  • Fully remodeled 2‑bedroom, 2‑bath apartment completed in 2018
  • First‑floor professional office space with prior dental and property management uses

Property Analytics

Current Use

Office Units

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

1
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Sprinklered property combines professional office space with a remodeled apartment.
Where is this mixed-use property located?
The property is located at 10550 W Cermak Road Westchester, IL.
What are key features of this property?
This property features: 2,998‑square‑foot, two‑story mixed‑use building constructed in 1965; Fully remodeled 2‑bedroom, 2‑bath apartment completed in 2018; First‑floor professional office space with prior dental and property management uses
More about this property
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