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8380 W Cermak Road, Riverside, IL 60546
$1,300,000
8380 W Cermak Road, Riverside, IL 60546View this property at 8380 W Cermak Road, Riverside, IL 60546
8380 W Cermak RoadRiversideIL60546
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Property Description
We are proud to present the opportunity to acquire an office/retail property positioned in a strong, transit-oriented location in the Village of North Riverside, IL. 8380 W Cermak Road is a former bank building that features an open retail/office area as well as two covered drive-thru lanes. Frontage on both Cermak Road and Route 171 (1st Avenue) offers remarkable visibility and exposure from all directions at the heavily-trafficked intersection. Just south of I-290, the property shares the same block with Loyola University Medical Campus and Hines VA Hospital. Directly across from Riverside Golf Club, 8380 W Cermak Road is also surrounded densely by residential neighborhoods, just blocks from the North Riverside Park Mall trade area including Costco, Aldi, and car dealerships. A user with a need for brand exposure will benefit tremendously from the building's corner position facing over 60,000 daily vehicles. An investor will benefit from attracting prime tenants given the many favored attributes of this property.
Full Property Details
Full Property Details for 8380 W Cermak Rd
General
- Price: $1,300,000
- Taxes: $46,477 (2020)
- Status: Active
- Type: Commercial
- MLS ID: 11478581
- Updated: 7/20/2023
- Added to Site: 640 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Hydrants on Site, Sprinklers (Wet)
Location
- Area: Riverside
- County: Cook
- Township: Proviso
- Driving Directions: Cermak Rd west of Harlem to address
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Construction: Brick
- Stories/Levels: 1
- Square Feet: 3,800
- Year Built: 2003
Lot Features
- Lot Size (Sq. Ft.): 33,106
- Lot Dimensions: 182 x 182
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Hydrants On Site, Sprinklers-Wet
- Assessment Year: 2003
- Tax Amount: $46,477
- Tax Year: 2020
Disclosures and Reports
- Property ID: 15234010050000
Listed by Brookline Real Estate LLC
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Schools
Schools serving 8380 W Cermak Rd
School Districts:Komarek School District 94, Proviso Township Hsd 209
Rating | Name | Grades | Distance |
---|---|---|---|
8940 W 24th St, N Riverside, IL 60546 | PK-8 | 0.4 mi | |
807 S 1st Ave, Maywood, IL 60153 | 9-12 | 2.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8380 W Cermak Rd
Date
Details
Price
Change
Source
3/15/2023
Price Increased
$1,300,000
8.33%
MLS
7/28/2022
Listed
$1,200,000
77.78%
MLS
5/12/2017
Sold
$675,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8380 W Cermak Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$45,192
-9%
$164,439
-12%
2021
$49,644
7%
$186,795
—
2020
$46,477
6%
$186,795
—
2019
$43,668
35%
$186,795
33%
2018
$32,311
-8%
$140,132
—
2017
$35,099
-45%
$139,924
-48%
2016
$63,817
1%
$267,077
—
2015
$63,223
2%
$267,077
—
2014
$62,087
7%
$267,077
—
2013
$58,173
3%
$267,077
—
2012
$56,363
—
$267,077
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8380 W Cermak Rd
8380 W Cermak Road, Riverside, IL 60546 (MLS# 11478581) is a Commercial property. 8380 W Cermak Road is currently listed for $1,300,000 and was received on July 28, 2022. Want to learn more about 8380 W Cermak Road? Do you have questions about finding other Commercial real estate for sale in Riverside? You can browse all Riverside real estate or contact a Coldwell Banker agent to request more information.