6905 Cermak Road, Berwyn, IL 60402
6905 Cermak Road
$435,000
1964 BUILT
0.075 Acres LOT
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.

Area & Lot

Status
For Sale
Lot Size
0.075 Acres
MLS® ID
11690404
Type
COMMERCIAL
Year Built
1964

Exterior

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

Financial

Sales Price
$435,000
Real Estate Tax
$11,483/yr
Zoning
COMMR

Property Images

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