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Sprinklered Two-Story Office Building with Apartment
For Sale
$650,000

10550 W Cermak Road, Westchester, IL 60154

COMMERCIAL - Westchester, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market95

Property Features for 10550 W Cermak Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning OFFIC
Directions South of 290 and West of S. Mannheim on Cermak Road in Westchester
Subdivision Westchester
Standard status Active
APN 15204181240000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11565

Utilities

Cooling system Central Air

Amenities

fireplace
bar

Building Details

Year built 1965
Floors in Building 2
Number of units 2
Flooring type Tile, Carpet, Vinyl
Building materials Brick, Block, Glass
Roof type Membrane
Listing Agency: RE/MAX Properties Northwest · RE/MAX International
Listed By: Brian Leahy
Added: May 7 Changed: Aug 4 Last Checked: Aug 9 at 3:06PM
MLS# 12642890

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This fully sprinklered two-story mixed-use building offers professional office space on the first floor and a residential apartment on the second floor. The first floor is set up for office use and reflects prior dental office and property management use. The second floor features a fully remodeled (2018) two-bedroom, two-bath apartment with an updated kitchen and baths, windows, and flooring, plus a fireplace and bar. Separate entrances and separate utilities are provided for each unit.

Located at 10550 W Cermak Road in Westchester, Illinois, the property is zoned OFFIC and sits on a 0.1148-acre lot. The building was constructed in 1965 and features brick, block, and glass construction. Interior finishes include vinyl, carpet, and tile, with central air cooling. The roof is a membrane system.

Key Highlights

  • Fully sprinklered two‑story mixed‑use building with first‑floor office and second‑floor apartment
  • Second‑floor apartment fully remodeled in 2018: two beds, two baths, updated kitchen and baths
  • Separate entrances and separate utilities for each unit

Property Analytics

Current Use

Office buildings

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

912
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?
Office building - Two-story office building with fully sprinklered first-floor office space and a remodeled apartment with separate utilities.
Where is this office building located?
The property is located at 10550 W Cermak Road Westchester, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully sprinklered two‑story mixed‑use building with first‑floor office and second‑floor apartment; Second‑floor apartment fully remodeled in 2018: two beds, two baths, updated kitchen and baths; Separate entrances and separate utilities for each unit
More about this property
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