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Property profile & analytics
FOR SALE
Retail space

10540 W Cermak Rd Westchester, IL 60154

0.23 ac lot Built 1970
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US28-2187809
Property summary
AI-generated overview

This exceptional 5,400 square foot office building in Westchester, IL, presents a fantastic opportunity for medical or professional practices. Situated on a 0.22-acre lot at 10540 W Cermak Road, this property offers versatile space configurations to suit various needs. The building boasts multiple suite options, including 1,250 sq ft, 2,500 sq ft, and the entire 5,400 sq ft. The upper level features two private offices with eight rooms, previously utilized as medical examination rooms, sharing a full private bathroom. This area is easily divisible, ideal for two separate practices. Convenient public restrooms are also available within the building. The mezzanine level has been completely remodeled and currently houses a thriving medical practice, showcasing its adaptability. This section is divided into three private offices. A significant advantage is the inclusion of heat for all tenants, reducing operational costs. Off-street parking is provided, ensuring convenient access for clients and staff. The property's prime location adds to its appeal, making it an excellent investment for any professional seeking a well-maintained and functional workspace. The building is available immediately.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Lot 0.23 ac (10,000 SF)
APN 15-20-418-129
UPID US28-2187809
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
10540 Cermak Road LLC · 4 yrs held
10540 Cermak Road LLC
since 2022
Last sale
$350,000
1 recorded transaction
2022
$350,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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