Sold
Last Sold Price

7008 Cermak Rd, Berwyn, IL 60402

Mixed UseProperty Type
0.07 acresLot Size
1965Year Built

Description

For Sale by Court Appointed Receiver, 4,176 +/- Square Foot two story mixed use building with a 2,088 +/- SF Retail/ Office unit on the first floor and four (4) studio apartments on the second floor. The property was built in 1965, is on 0.07 +/- acres and is zoned C-2 General Commercial district. The property is located off of Cermak Road with great drive-by traffic. All four apartments are currently leased by three (3) tenants. Considering All Offers.For Sale by Court Appointed Receiver, 4,176 +/- Square Foot two story mixed use building with a 2,088 +/- SF Retail/ Office unit on the first floor and four (4) studio apartments on the second floor. The property was built in 1965, is on 0.07 +/- acres and is zoned C-2 General Commercial district. The property is located off of Cermak Road with great drive-by traffic. All four apartments are currently leased by three (3) tenants. Considering All Offers.

    Sold By Luxe Realty Studio LLC

    • Listed by: Maria Kujawa 847.224.6035 mariakujawa@gmail.com; mariakujawa@yahoo.com • GO TO REALTY, INC
    Listing closed: 05/27/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10892929
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    Recent comparable sales

    Median sold price

    $300,000

    Avg days on market

    53

    Sale-to-list ratio

    96.6%

    Berwyn, IL

    9 comparable properties found

    $365,000 | 6337 Cermak Road, Berwyn, IL 60402
    1/12
    1

    $365,000

    Sold 10/25/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres
    an outdoor space with seating
    1/47
    2

    $605,000

    Sold 02/27/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.09
    Acres
    an aerial view of multi story residential apartment building
    1/26
    3

    $520,000

    Sold 06/11/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.15
    Acres
    a front view of multi story building with retail shops
    1/14
    4

    $765,000

    Sold 01/07/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres
    5

    $300,000

    Sold 11/05/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,264
    Square Feet
    Unavailable
    Acres
    6

    $87,500

    Sold 11/20/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.08
    Acres
    7

    $129,000

    Sold 12/01/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    8

    $280,000

    Sold 09/24/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,904
    Square Feet
    Unavailable
    Acres
    9

    $270,000

    Sold 07/28/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    2,333
    Square Feet
    Unavailable
    Acres

    Location

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    $2,533 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $1,628

    Property Taxes

    $904

    HOA Dues

    $0

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    Property Information for 7008 Cermak Road

    Property Details

    • Taxes: $10,851 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: Berwyn
    • Township: Berwyn
    • Num Of Parking Spaces: 0.0
    • Air Conditioning Type: Wall Sleeve
    • Zoning: COMMR

    Building Information

    • Stories: 2
    • Residences: 4
    • Year Built: 1965
    • Lot Size: 0.07 AC / 3,250 SF

    General Information

    Addtl Parking Information
    • Outdoor Parking: 1-5 Spaces
    Location and General Information
    • Frontage Type: Public Road
    • Geographic Locale: Chicago West
    • Information: Show-Special Instructions,Other-See Remarks,Court Approval Required
    • Postal Code Plus 4: 2151
    Taxes and HOA Information
    • Estimated Tax/Sf: 0
    • Additional Parcels: No

    Property Information

    Interior Features
    • Air Conditioning: Wall Sleeve
    • Electric: Other
    • Heat/Ventilation: Radiators
    • # Of Window/Ac: 4
    • # Of Refrigerators: 3
    • Washer/Dryer Lsd: No
    • Misc Inside: Multi-Tenant
    • # Of Dishwashers: 4
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 4
    Utilities / Equipment
    • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
    Property/Lot Information
    • Tenant Pays: Electricity
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 26 X 125
    • Lot Size Square Feet: 3250.0
    • Stories: 2
    • Exterior Building Type: Concrete, Brick
    • Construction: Concrete
    • Fire Protection: Other
    • Roof Structure: Flat
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 4176
    • # Of Offices: 1
    • # Of Ranges: 3
    • # Of Stores: 0
    • Property Sub Type: Mixed Use
    • MRD_UNC: No
    Property and Assessments
    • Possible Use: Commercial, Multi-Family, Other
    • Public Document Count: 1
    • Document Date: 2020-10-06T01:48:36
    • Photos Count: 7
    • Estimated Cam/Sf: 0
    Miscellaneous
    • Current Use: Commercial, Other
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No

    Multi Family

    Multi-Family Information
    • Number Of Units Total: 4
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $31,200.00
    • Gross Scheduled Income: $31,200.00
    • Insurance Expense: $.00
    • Net Operating Income Year: 2005
    • Total Monthly Income: 2600
    • Net Operating Income: $.00
    • Operating Expense: $.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 7008 Cermak Road

    DateEvent & SourcePriceAppreciation
    May 27, 2021

    Sold

    MRED #10892929

    $305,000—
    Feb 8, 2021

    Pending

    MRED #10892929

    —
    Oct 5, 2020

    Listed (Active)

    MRED #10892929

    $379,900—
    DateEvent & SourcePrice
    05/27/2021

    Sold

    MRED #10892929

    $305,000
    02/08/2021

    Pending

    MRED #10892929

    —
    10/05/2020

    Listed (Active)

    MRED #10892929

    $379,900

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public records

    7008 Cermak Road

    Beds

    4

    Baths

    5.5

    Total Finished SqFt

    4,244 SqFt

    Above Grade Finished SqFt

    4,244 SqFt

    Stories

    2

    Lot Size

    3,250 SqFt

    Schools near 7008 Cermak Road

    This home is within J S Morton Hsd 201 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 5
    Public - 6 to 8
    Public - 9 to 12
    Public - 9 to 12
    Rating
    School
    Distance
    Jefferson Elementary School
    PublicPK to 5

    Lincoln Middle School
    Public6 to 8

    J Sterling Morton West High School
    Public9 to 12

    J Sterling Morton Alternative School
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 7008 Cermak Road, Berwyn, IL 60402
    $305,000
    –
    –
    –
    3,250
    –
    –
    –
    9,236
    –
    –
    –
    –
    –
    –
    $295,000
    –
    –
    –
    13,598
    –
    4
    4
    6,799
    3,250
    $700,000
    –
    –
    –
    –

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of GO TO REALTY, INC

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/28/2021 01:29 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.