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    8300 Cermak Rd North Riverside, IL 60546

    Sponsored
    For Lease
    $24 SF/Yr

    High-traffic retail space in North Riverside, IL

    Lot size:
    4,769 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail storefront opportunity is located at 8300 W Cermak Road in North Riverside, Illinois, Cook County, zip code 60546. The property offers a total of 3,850 square feet of vacant space, ideal for a variety of retail uses. This single-story building features multiple tenancy options, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 3,850 square feet. Previously occupied by a wine and spirits store, this space benefits from high visibility and accessibility. The location boasts excellent exposure near the intersection of Cermak Road and Route 171, a major thoroughfare with approximately 60,000 vehicles passing daily. The retail center is strategically anchored by a Dunkin' with a convenient drive-thru, further enhancing its appeal and attracting significant foot traffic. Multiple points of ingress and egress ensure easy access for customers and deliveries. Large signage directly on Cermak Road provides excellent branding opportunities. The property's prime location is directly across from the Riverside Golf Club, situated in a highly active commercial area just south of I-290 and in close proximity to the Loyola/Hines Medical Campus, guaranteeing a substantial customer base. This presents a unique chance to establish a thriving business in a vibrant and well-connected location.

    Property Features for 8300 Cermak Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,769 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    8350
    Size
    919 SF
    Rate per SF
    $24
    Space
    8330
    Size
    3,850 SF
    Rate per SF
    $24
    Property Profile Location Intelligence

    Current Use by Public Records

    Tamale Hut Cafe Mexican Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    North Riverside
    County
    Cook
    State
    Illinois
    Longitude
    -87.8314318
    Latitude
    41.8502875

    Nearby Comparable

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space in North Riverside, IL
    Where is this individual retail property located?
    The property is located at 8300 Cermak Rd North Riverside, IL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    Request Owner's contact information
    8300 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
    8300 Cermak Rd North Riverside, IL 60546
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