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Property profile & analytics
OFF-MARKET
Retail space

10526 Cermak Rd Westchester, IL 60154-5249

0.34 ac lot Built 1975
Individually Owned 10-yr Hold Free & Clear
Property ID
US28-1959640
Property summary
AI-generated overview

This exceptional 31,000 square foot executive office building, located at 10526 W Cermak Rd in Westchester, Illinois, presents a compelling investment opportunity. Built in 1976, the property sits on a 0.34-acre lot and offers ample parking with 110 spaces. The building boasts convenient 24-hour access and an on-site property management office, ensuring seamless operations. Its prime location provides easy access to a variety of nearby restaurants, enhancing the convenience for tenants and employees. Commuters will appreciate the building's proximity to the LaGrange Rd Station Commuter Rail, just an 8-minute drive away. The property also features prominent monument signage, providing excellent visibility and brand recognition. The asking price for this well-maintained and strategically located office building is $2,000,000. This is an ideal opportunity for investors seeking a strong return in a thriving suburban market. The property's size, amenities, and location combine to create a highly desirable asset. The substantial parking provision caters to the needs of a large workforce, while the on-site management ensures efficient building operation. The convenient access to public transportation and local amenities further enhances the property's appeal. The prominent signage offers significant marketing potential. This is a rare opportunity to acquire a substantial and well-positioned executive office building in a highly sought-after location.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1975
Lot 0.34 ac (15,000 SF)
APN 15-20-418-131
UPID US28-1959640
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Conboy-westchester Funeral Hom · 10 yrs held
Conboy-westchester Funeral Hom
since 2015
5 recorded transactions
2015
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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