8609 W Cermak Road North Riverside, IL $ 499,999
8609 W Cermak Road
$ 499,999
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8609 W Cermak Road

North Riverside, IL, 60546
$ 499,999
Baths0.0 Sq 2,925

Monthly Estimate*

$ 3,323

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Studio

Commercial Property for sale in North Riverside, IL

for $499,999. This 2,925 square foot building was built in 1961 on a lot size of 0.061983.

Welcome to an exceptional opportunity to own a versatile mixed-use property that seamlessly blends business and residential functionality. This outstanding building boasts a 2000 square foot commercial space on the first floor, featuring a well-designed office upfront and a spacious workspace/storage area perfectly suited for a small business. The first floor is complete with 1 1/2 baths, ensuring convenience for both clients and employees. Ascend to the second floor, and you'll discover a meticulously crafted 1000 square foot, 2-bedroom apartment with the added luxury of a skylight, bathing the space in natural light and enhancing its allure. The large living space exudes sophistication with an updated kitchen adorned with granite countertops, stainless steel appliances, and the comfort of central air. The adjacent 10-car parking lot provides ample space for both commercial clients and residential occupants, ensuring accessibility is never a concern. A newer roof enhances the property's durability, especially on the front part of the building. For those with specific business needs, the garage space comes equipped with an overhead door, easily accommodating a small work truck or additional automobiles. But the allure doesn't stop there. The commercial workspace includes a utility room equipped with sprinklers, emphasizing safety and providing peace of mind for your business operations. Seize this opportunity to own a property that not only meets but exceeds the demands of modern mixed-use living and business operations. Your next investment awaits in this meticulously designed, dual-purpose gem.

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Commercial Active

Price

$ 499,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,072

Style

Lot Size

0.061983

Year Built

1961

Town/City

North Riverside

County/Region

Cook

MLS | Web ID

11941952

Features
General
Cooling Central Air
Utilities Electric to Site Water-Municipal Water to Site
Possession Negotiable
Roof Reflective Coating Rubber
Zoning RTAIL
Construction Materials Brick
Year Built 1961
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat
Stories 2
Township Riverside
Property SubType Apts/Ofc/Store Apts/Ofc
Tax Year 2021
Gross Income 0
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Other
Status Active
Directions Between 5th and 6th Avenues on Cermak Road North Riverside taxes and amenities! Park in the adjacent parking lot sold with the building
City North Riverside
NumberOfUnitsTotal 2
MLS Area North Riverside
Lot Size Square Feet 2700
Street Name Cermak
Tax Annual Amount 7072
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Days on Market 173
Standard Status Active
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Interior
Flooring Slate/Marble Tile Other
Street Suffix Road
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 2925
Lot Dimensions 55X110
Frontage Type State Road
Exterior Brick
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* Excluded Features
List By
Coldwell Banker Real Estate Group

Broker

fpaganis@cbcregroup.com

Email

Affordability Calculator

$3,912
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,323
Monthly Property Taxes
$589
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2024$499,999 -4.76% Price Down
12/6/2023$525,000 Listed Price

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8609 W Cermak Road, North Riverside, IL, 60546 is a Commercial Property for sale at $499,999 with 2,925 sqft and a lot size of 0.061983. 8609 W Cermak Road is a studio with 0.0 baths and was built in 1961. The property's zip code is 60546 which is in North Riverside, IL