7907 W Cermak Rd - Storefront Retail/Office FOR SALE


North Riverside, IL 60546
$829,900 USD
630-368-7504
7907 W Cermak Rd, North Riverside, IL for Sale
$829,900 USD
Storefront Retail/Office - FOR SALE
1/8
null | 8.26% Cap Rate

7907 W Cermak Rd
North Riverside, IL 60546


HIGHLIGHTS

  • Armchair investment, newer corporate lease w/ national staffing co. with 20+ branches across the U.S.
  • Clean building, brick construction, w/ new interior LED energy efficient fixtures, VCT flooring, loft style office/retail space!
  • Lowest Cook County Taxes possible (mixed use)! Large parking lot, 3 Village lots included!
  • Good visibility on busy Cermak Road (38,000 VPD) with Signage Possibilities!
  • Rear renovated Apt w/full basement, laundry & natural light for substantial supplemental income (or storage)!
  • Best location with access to I-290, 9 miles to City, easy access to Western Burbs!

OVERVIEW

Ideal Boutique Commercial Investment! Newer commercial retail/office lease, strong national corporate tenant (staffing company with 20+ locations across USA) on Cermak Rd in the newly renovated 3000 SF office/retail space (brand new finishes, LVT flooring, energy efficient LED lighting, 11 foot loft ceilings). Includes large, renovated Rear 2 bed/1 bath Apt w/full basement (w/bonus family room, laundry & storage) brings substantial supplemental income. House & Apt rents up big in the area ($1850/month plus). Brick mixed-use building on 3 full size Village Lots with 75 feet frontage on Cermak & lowest possible Cook real estate taxes! Clean 4000 SF property (retail/office space + large Rear 2 bed/1 bath apt) with 1000 SF semi-finished basement (underneath large apt) with dedicated 17 car parking lot on busy Cermak Road (38,000 VPD). Tremendous brand new office/retail space in office, 11 foot loft ceilings, open layout with new VCT flooring, new energy efficient LED ceiling light fixtures, oak wood trim & six (6) panel Oak wood doors plus open areas, kitchenette & two restrooms & all fully sprinklered. Apartment renovated with refinished, classic hardwood floors, new kitchen w/Cherry cabinets, SS appliances & full bath, wood blinds, abundant natural light with basement underneath w/windows, all semi-finished, laundry, TV/game room, clean functional space, natural light & good storage, great for additional office or rental income (est. $1850/mo+). Excellent, highly visible location on Cermak near Des Plaines Avenue (newer retail center at corner - just doors away) surrounded by abundant green space with immediate access to Harlem Ave & I-290 just a short drive City/Loop (only 9 miles) as well as all Western suburbs.

FOR SALE DETAILS

PRICE

$829,900 USD

PRICE/SF

$202 USD /SF

CAP RATE

8.26%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Accurate Personnel USA Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

B-1, North Riverside

APN/PARCEL ID

15-25-101-006-0000,15-25-101-007-0000,15-25-101-008-0000

ASK ABOUT THIS PROPERTY

Jeffrey PetrovskiMartin Commercial PartnersMore Info
630-368-7504

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Jeffrey PetrovskiMartin Commercial PartnersMore Info
630-368-7504

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.