6619-21 Cermak Rd Berwyn, IL 60402
- Investment properties
- 5,100 SF
Current Use by Public Records
- Investment properties
Property Details for 6619-21 Cermak Rd
- Year built
- 1922
- Property size
- 5,100 SF
- Property type
- Investment properties
Description
This exceptional 5,100 square foot mixed-use property in Berwyn, IL, is located on the highly trafficked Cermak Road, providing unparalleled visibility. The building comprises a beautifully updated office space currently leased to a long-standing tenant, ensuring consistent rental income. Adjacent to the office is a substantial mechanic shop, featuring generous interior and exterior parking, ideal for automotive or similar service businesses. The property's second floor includes two well-maintained residential units, both occupied by long-term tenants, generating additional rental income streams. This presents a unique blend of commercial and residential income potential. The property's prime location on Cermak Road guarantees high traffic exposure, attracting a wide range of potential customers and tenants. The existing tenants' long-term leases provide immediate and stable cash flow, minimizing vacancy risks and maximizing return on investment. This turnkey operation offers a compelling opportunity for investors seeking a diversified portfolio with significant upside potential in a thriving market. The combination of a well-established office, a spacious mechanic shop, and two income-producing residential units makes this a truly rare and attractive investment opportunity. The property is situated on a 0-acre lot. The asking price is $549,999.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berwyn
- County
- Cook
- State
- Illinois
- Longitude
- -87.7894
- Latitude
- 41.8503
