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6830 Cermak Rd 3,696 SF Retail Building Berwyn, IL 60402 $570,000 ($154.22/SF) 5.16% Cap Rate
INVESTMENT HIGHLIGHTS
- Just minutes from I-290 and I-55 for quick access to downtown and the suburbs.
- Prime Cermak Road frontage with strong local traffic and visibility.
- Easy reach to Midway Airport—only 15 minutes away.
EXECUTIVE SUMMARY
This 3,696 sf retail/store/office building is available for sale or long term lease (10+ yrs, NNN). It receives tons of exposure on high-traffic Cermak Rd. in Berwyn! Keep the current 3-store setup or combine as needed. It would be an excellent location for medical offices, childcare centers, or restaurants. An 8-car, private parking lot and ample street parking make it convenient for customers. Run...don't walk! Won't last long!
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$61,560
|
$16.66
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$61,560
|
$16.66
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$31,132
|
$8.42
|
| Net Operating Income |
$30,428
|
$8.23
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $61,560 |
| Annual Per SF | $16.66 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $61,560 |
| Annual Per SF | $16.66 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $31,132 |
| Annual Per SF | $8.42 |
| Net Operating Income | |
|---|---|
| Annual | $30,428 |
| Annual Per SF | $8.23 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,696 SF
Year Built
1952
Price
$570,000
Price Per SF
$154.22
Cap Rate
5.16%
NOI
$29,428
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
C-2 - Traditional Mixed-Use District
Parking
8 Spaces (2.16 Spaces per 1,000 SF Leased)
Frontage
57’ on Cermak Rd
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 3,696 SF
- Office/Retail
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,696 SF | Office/Retail | - | 30 Days |
1st Floor
| Size |
| 3,696 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $65,709 | |
| Land Assessment | $30,286 | Total Assessment | $95,995 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$30,286
Improvements Assessment
$65,709
Total Assessment
$95,995
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6830 Cermak Rd
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