Listing Agency: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE Show Phone

Listed By: GEORGIA KASS · License #475131281 Show Phone

Source: Corcoran

Added: Sep 18, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:37AM

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Investment Insights

Based on property information with market context.

This professional building on Cermak Road offers flexible office space suitable for a variety of professions. The space includes a private entrance with 3 individual office suites, a reception area, and a half bath. The property is well-maintained and provides ample parking spaces. It benefits from convenient access to major highways and public transportation in a bustling area.

Key Highlights

• Strategically located professional building on Cermak Rd
• Flexible space suitable for a variety of professions
• Includes 3 individual office suites, reception area, and half bath

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Real Estate Agency Auto Repair Shop Building Supply Dental Office Law Firm

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

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

620

Businesses Nearby

Explore this area Business Placement

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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Frequently Asked Questions

What type of property is this?

Office unit - Professional building with flexible office space for rent.

Where is this office unit located?

The property is located at 10439 W Cermak Road Westchester, IL.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: Strategically located professional building on Cermak Rd; Flexible space suitable for a variety of professions; Includes 3 individual office suites, reception area, and half bath