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    7385 Cermak Rd North Riverside, IL 60546

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    For Lease
    Contact for pricing

    Outlot for ground lease or build-to-suit in North Riverside.

    Property size:
    10,000 SF
    Lot size:
    9.97 Acres

    Property Features for 7385 Cermak Rd

    General Information

    Size
    10,000 SF
    Lot size
    9.97 Acres

    Source: CBRE | Chicago Agent Sean McCourt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Location Available

    This property is a regional location situated at the entrance to North Riverside Park Mall. The area features over 2 million square feet of retail space within a 1-mile radius and a high population density, with 230,571 people residing within 3 miles. The property benefits from high traffic volume, with 31,200 vehicles per day on Harlem Avenue. It is an outlot available for ground lease or build-to-suit opportunities. The property size is 10,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    North Riverside Park Mall, Sunglass Hut, North Riverside Plaza, Centro comercial Cermak rd, North Riverside Park Collection

    Location Insight

    • Map
    • Local Demand
    City
    North Riverside
    County
    Cook
    State
    Illinois
    Longitude
    -87.807388
    Latitude
    41.849178

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    FAQs

    What type of property is this?
    Shopping center - Outlot for ground lease or build-to-suit in North Riverside.
    Where is this shopping center located?
    The property is located at 7385 Cermak Rd North Riverside, IL.
    What are key features of this property?
    This property features: - High traffic location: 31,200 VPD on Harlem Ave; - Located at the entrance to North Riverside Park Mall; - High population density: 230,571 people within 3 miles
    (312) 935-1400
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    7385 Cermak Rd North Riverside, IL 60546
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    North Riverside, IL 60546
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7385 Cermak Rd North Riverside, IL 60546
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