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$650,000 Just Listed
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Property Description
Excellent opportunity to own or lease a fully sprinklered 2-story mixed use building with on site parking in a prime, high visibility location. Convenient access to O'Hare Airport, downtown Chicago, and major interstate highways. First floor features professional office space suitable for dental, medical, legal, accounting, or other office use. Prior uses include dental office and property management. Second floor offers a fully remodeled (2018) 2 bed, 2 bath apartment with updated kitchen, baths, windows, and flooring. Features include fireplace and bar. Separate entrances and utilities for each unit. Ideal for owner user or investment.
Full Property Details
Full Property Details for 10550 W Cermak Rd
General
- Price: $650,000
- Taxes: $11,565 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12632302
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Flooring: Carpet, Tile, Vinyl
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: Westchester
- County: Cook
- Township: Proviso
- Driving Directions: South of 290 and West of S. Mannheim on Cermak Road in Westchester
- Location Details: Northwest Suburban, Southwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Trash: 1
Structural Information
- Construction: Brick, Block, Glass
- Exterior Const.: Brick, Block, Glass
- Foundation: Concrete Perimeter
- Roof: Membrane
- Sub-Flooring: Carpet, Tile, Vinyl
- Stories/Levels: 2
- Square Feet: 2,998
- Current Bldg. Use: Office
- # of Stores: 2
- Year Built: 1965
- Built Before 1978: Yes
Unit Information
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 5,000
- Lot Dimensions: 50.00' x 100.00'
- Potential Use: Commercial, Office, Single Family
- Zoning: OFFIC
Financial Considerations
- Lease Price: $20
- Insurance Fee: $1
- Other Fee: $1
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1965
- Tax Amount: $11,565.22
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Insurance, Repairs, Roof, Sewer
- Pays Electric: 1
- Pays Trash: 1
Disclosures and Reports
- Property ID: 15204181240000
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Schools
Schools serving 10550 W Cermak Rd
School Districts:Westchester School District 92-5, Proviso Township High School District 209
| Name | Grades | Distance |
|---|---|---|
Westchester Primary School 2400 Downing Avenue, Westchester, IL 60154 | PK-2 | 0.4 mi |
Westchester Intermediate School, Westchester, IL 10900 Canterbury Street, Westchester, IL 60154 | 3-5 | 0.6 mi |
Westchester Middle School 1620 Norfolk Avenue, Westchester, IL 60154 | 6-8 | 0.9 mi |
Proviso West High School 4701 Harrison Street, Hillside, IL 60162 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 10550 W Cermak Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,023
3%
$42,000
20%
2022
$10,691
3%
$35,042
—
2021
$10,348
2%
$35,042
—
2020
$10,111
-9%
$35,042
-11%
2019
$11,117
1%
$39,352
—
2018
$10,972
2%
$39,352
—
2017
$10,761
11%
$39,352
18%
2016
$9,709
1%
$33,289
—
2015
$9,584
2%
$33,289
—
2014
$9,363
2%
$33,289
-9%
2013
$9,166
3%
$36,464
—
2012
$8,885
—
$36,464
—
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 10550 W Cermak Rd
10550 W Cermak Road, Westchester, IL 60154 (MLS# 12632302) is a Commercial property. 10550 W Cermak Road is currently listed for $650,000 and was received on May 07, 2026. Want to learn more about 10550 W Cermak Road? Do you have questions about finding other Commercial real estate for sale in Westchester? You can browse all Westchester real estate or contact a Coldwell Banker agent to request more information.

