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Accurate Personnel USA Building 7907 W Cermak Rd
4,100 SF 100% Leased Retail Building North Riverside, IL 60546 £651,464 (£159/SF) 8.26% Net Initial Yield
Investment Highlights
- Armchair investment, newer corporate lease w/ national staffing co. with 20+ branches across the U.S.
- Lowest Cook County Taxes possible (mixed use)! Large parking lot, 3 Village lots included!
- Rear renovated Apt w/full basement, laundry & natural light for substantial supplemental income (or storage)!
- Clean building, brick construction, w/ new interior LED energy efficient fixtures, VCT flooring, loft style office/retail space!
- Good visibility on busy Cermak Road (38,000 VPD) with Signage Possibilities!
- Best location with access to I-290, 9 miles to City, easy access to Western Burbs!
Executive Summary
Brick mixed-use building on 3 full Village Lots with 75 feet frontage on Cermak & lowest possible Cook real estate taxes! Clean 4000 SF property (retail/office space + large Rear 2 bed/1 bath apt) with 1000 SF semi-finished basement (underneath large apt) with dedicated 17 car parking lot on busy Cermak Road (38,000 VPD). Tremendous brand new office/retail space in office, 11 foot loft ceilings, open layout with new VCT flooring, new energy efficient LED ceiling light fixtures, oak wood trim & six (6) panel Oak wood doors plus open areas, kitchenette & two restrooms & all fully sprinklered. Apartment renovated with refinished, classic hardwood floors, new kitchen w/Cherry cabinets, SS appliances & full bath, wood blinds, abundant natural light with basement underneath w/windows, all semi-finished, laundry, TV/game room, clean functional space, natural light & good storage, great for additional office or rental income (est. $1850/mo+).
Excellent, highly visible location on Cermak near Des Plaines Avenue (newer retail center at corner - just doors away) surrounded by abundant green space with immediate access to Harlem Ave & I-290 just a short drive City/Loop (only 9 miles) as well as all Western suburbs.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£61,776
|
£15.07
|
| Other Income |
£785
|
£0.19
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£62,561
|
£15.26
|
| Taxes |
£5,073
|
£1.24
|
| Operating Expenses |
£3,656
|
£0.89
|
| Total Expenses |
£8,729
|
£2.13
|
| Net Operating Income |
£53,832
|
£13.13
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £61,776 |
| Annual Per SF | £15.07 |
| Other Income | |
|---|---|
| Annual | £785 |
| Annual Per SF | £0.19 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £62,561 |
| Annual Per SF | £15.26 |
| Taxes | |
|---|---|
| Annual | £5,073 |
| Annual Per SF | £1.24 |
| Operating Expenses | |
|---|---|
| Annual | £3,656 |
| Annual Per SF | £0.89 |
| Total Expenses | |
|---|---|
| Annual | £8,729 |
| Annual Per SF | £2.13 |
| Net Operating Income | |
|---|---|
| Annual | £53,832 |
| Annual Per SF | £13.13 |
Property Facts
Amenities
- 24 Hour Access
- Bus Route
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
About 7907 W Cermak Rd , North Riverside, IL 60546
Armchair, 4000 SF commercial investment property w/excellent 3000 SF retail corporate tenant & great returns! Very Clean brick building with dedicated parking lot (17 spaces) on three (3) full size Village lots (75 foot frontage on Cermak), in strategic location on Cermak Road near busy Des Plaines Ave with easy access to Harlem Ave & I-290 to City (only 9 miles) and all western suburbs. Very reasonable, mixed-use Cook county real estate taxes. Property includes a renovated 1000 SF - 2 bed/1 bath rear apartment with refinished hardwood floors & new cherry wood kitchen with SS appliances and a large functional, semi-finished 1000 SF basement below with abundant natural light, family room & laundry. This apartment was renovated in 2018 and offers easy supplemental income for the 7907 W Cermak Rd building. Parking lot offers easy exit thru open alley at the rear of the property,
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Vacant-lots.com
- -
- 3,000 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Vacant-lots.com | - | 3,000 SF | - | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 15-25-101-006-0000 | Total Assessment | £2,463 (2024) |
| Land Assessment | £2,375 (2024) | Annual Taxes | £5,073 (£1.24/sf) |
| Improvements Assessment | £89 (2024) | Tax Year | 2023 Payable 2023 |
PROPERTY TAXES
-
Jeffrey Petrovski - Martin Commercial Partners
Presented by
Martin Commercial Partners
Accurate Personnel USA Building | 7907 W Cermak Rd
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