Lori Scarbrough
Description
Available for sale or lease, this 18,000-square-foot industrial property offers a versatile combination of warehouse and finished office space along Chicago's Cermak Road corridor. The two-story building features a distinctive brick exterior and a layout that accommodates business operations, storage, and administrative functions in one location. Reported building specifications include 2 grade-level drive-in doors, 14-foot warehouse clear height, 400-amp three-phase electrical service, a wet sprinkler system, and 1,800 square feet of office space. Zoned M2-3, the property presents an opportunity for contractor headquarters, light manufacturing, assembly, wholesale, and warehouse operations, subject to applicable use approvals. Currently vacant, the building offers flexibility for an owner-user seeking a permanent location, a tenant looking to consolidate operations, or an investor pursuing a lease-up opportunity. Offered for sale at $1,300,000 or for lease at $9.00/SF annually NNN, equivalent to $13,500 per month in base rent.
Property Highlights
Property Type: Commercial - Industrial
Building Description: 2.0 stories
Year Built: 1914
General Information
County: Cook
Listed By:
Keller Williams ONEChicago
312-216-2422
MRED MLS
MLS ID: 12796575
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4542 W Cermak Road , Chicago, IL 60623.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,300,000 | $1,300,000 | $1,300,000 |
| Down Payment | $45,500 | $0 | $260,000 |
| Monthly Mortgage Amount | $8,385 | $8,947 | $7,183 |
| Taxes | $1809 | $1809 | $1809 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $780 | $0 | $0 |
| Monthly Estimated Total | $11,353 | $11,135 | $9,371 |
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