Lydia Memeti

Broker - Team Leader

Broker - Team Leader

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6905 Cermak Road

6905 Cermak Road, Berwyn, IL 60402

Great opportunity to own this brick mixed-used building with tons of potential!!!Amazing Cermak Rd exposure with traffic counts of 38,000 VPD and Signage Possibilities!!!The building consists of 2 storefronts (Unit A, vacant and Unit B, leased) and 2 apartments (Unit 2E, 2 BED/2BATH vacant and Unit 2W, 1BED/1BATH - leased). Unit A used to be a doctor's office, currently listed for lease at $1400/month. Unit B is a beauty salon, currently rented at $1350/month with the lease expiring June 30th, 2023. Apartments: Unit 2E is currently listed for rent at $1250/month and unit 2W is leased at $850/month with lease expiring May 31st, 2023. All rents are below the market value! The apartments have radiators for heat and window unit for A/C. The storefronts have central air and heat. Huge potential for improvement. Come see in person, pictures don't give justice! SEE BROKER REMARKS.

Features & Amenities

Exterior

Stories 2
Air Conditioning Central Air, Window Unit(s)

Area & Lot

Status For Sale
LOT SIZE 0.075 Acres
MLS® ID 11690404
Type COMMERCIAL
Year Built 1964

Financial

SALES PRICE $435,000
REAL ESTATE TAXES $11,483/yr
Zoning COMMR

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