Mixed-Use Office and
6735 Cermak Road Berwyn, IL 60402
6735 Cermak Road, Berwyn, IL, 60402
$459,500
Pending
For Sale
$459,500
Pending
Main-floor office space includes multiple rooms, storage, and a bathroom, with four studios upstairs.
Property Size3,250 SF
Days on Market30
Property Features for 6735 Cermak Road
General Information
- Standard status
- Pending
- Size
- 3,250 SF
Building Details
- Year Built
- 1965
Listing agency
RE/MAX Partners
(708) 514-4949
Listed by
Alicia Snyder-Poulos · License #471009100
(708) 514-4949
Source
Compass
Added: Jun 22 Updated: Jul 21 at 5:41AM Checked: Jul 21 at 5:41AM
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 Partners
Investment Insights
Based on property information with market context.
This mixed-use property offers office space on the main floor and four studio apartments on the second floor. The main level includes waiting and reception areas at the front, multiple offices in the center, additional third-office space, and storage areas, including a storage closet. A bathroom is located toward the back. The second floor features four studio apartments that are fully rented on a month-to-month basis.
The property is positioned on busy Cermak Road and described as having high visibility. The offering is for sale and is sold as-is, with the buyer to assume Berwyn Compliance.
Overall, the building is configured to support both professional office use and residential rental income through the separate studio apartment units.
The property is positioned on busy Cermak Road and described as having high visibility. The offering is for sale and is sold as-is, with the buyer to assume Berwyn Compliance.
Overall, the building is configured to support both professional office use and residential rental income through the separate studio apartment units.
Key Highlights
- 1965‑built building with main‑floor office layout plus four studio apartments on the second floor
- Main floor includes waiting/reception area, three offices, storage space, and a bathroom
- Second floor has four studio apartments that are fully rented on month‑to‑month basis
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.1k | $20.04 |
| − Vacancy | −$4.9k | −$1.50 |
| EGI | $60.2k | $18.54 |
| − OpEx | −$18.1k | −$5.56 |
| NOI | $42.2k | $12.98 |
3,250 SF · lease $20.04/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$640.2K
$560.2K – $746.9K
NOI $44,812 @ 7.0% cap · market cap 9.75%
Second Best
Multifamily LT 5
$602.5K
$527.2K – $702.9K
NOI $42,172 @ 7.0% cap · market cap 9.18%
Theoretical Best
Office A
$1.12M
$981.8K – $1.31M
NOI $78,545 @ 7.0% cap · market cap 17.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Main-floor office space includes multiple rooms, storage, and a bathroom, with four studios upstairs.
Where is this office units located?
The property is located at 6735 Cermak Road Berwyn, IL.
What is the asking price?
The asking price for this property is $459,500.
What are key features of this property?
This property features: 1965‑built building with main‑floor office layout plus four studio apartments on the second floor; Main floor includes waiting/reception area, three offices, storage space, and a bathroom; Second floor has four studio apartments that are fully rented on month‑to‑month basis
