5601 W Cermak Rd 5601 W Cermak Rd

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5601 W Cermak Rd 5601 W Cermak Rd 1 DEVELOPMENT PROPERTY | FOR SALE 5601 W CERMAK RD CHICAGO, IL TABLE OF CONTENTS 3 PROPERTY DESCRIPTION 3 INVESTMENT SUMMARY 5 IMPROVEMENTS 6 PROPERTY AERIAL 7 PLAT OF SURVEY 8 ZONING 9 AREA OVERVIEW 10 PROPERTY LOCATOR MAP 11 CTA AND METRA MAP 12 PROXIMITY MAP 13 DEMOGRAPHIC CONTACT INFO CECE CONWAY LARRY SEROTA [email protected] [email protected] 312.881.7041 312.881.7038 DAYE WILLIAMS [email protected] 312.258.8773 PROPERTY DESCRIPTION | 5601 W CERMAK ROAD INVESTMENT SUMMARY Transwestern is pleased to exclusively offer for sale 5601 W Cermak Road, Chicago. Subject property consists of an existing 4,067-square-foot building on a 0.46 AC land parcel. The C-2 zoning designation allows for a variety of options for developers. Proximate to Cicero and Lavergne Stations Metra and Pink Line “L” stop, this parcel is easily accessible by public transit. This property is ideal for commercial developer or Owner-User needing 4,067 square feet of Office/Medical Office space in the Cicero community. Transwestern is now taking offers on this well-situated property. INVESTMENT HIGHLIGHTS • Location Visibility – Excellent, on the Southwest corner of West Cermak Rd and Central Ave with an average traffic count of 30,000 cars per day. • Location Access – Excellent, corner lot with private parking lot. • Flexible Use – The site is best suited for a commercial developer, though it may also be utilized by an owner-user. 3 PROPERTY DESCRIPTION | 5601 W CERMAK ROAD Peterson Ave Elston Ave 90 Harlem Ave Harlem Harlem Ave Harlem 94 Foster Ave Foster Ave O’Hare Int’l N Narragansett Ave Lawrence Ave N Broadway 41 Airport NORRIDGE Lincoln Ave SCHILLER Montrose Ave N Ashland Ave PARK 19 Milwaukee Ave Irving Park Rd River Rd N Austin Ave Clark St W Addison St GENERAL INFORMATION 294 Kimball Ave W Belmont Ave FRANKLIN W Belmont Ave PARK 50 N Wolf Rd 25th Ave Clybourn Ave ADDRESS 5601 W Cermak Rd Mannheim Rd W Grand Ave RIVER GROVE W Fullerton Ave Chicago, IL ELMWOOD PARK LAND SF Approximately North Ave 64 North Ave MELROSE Pulaski Rd PARK W Division St 20,038 SF RIVER Lake St FOREST W Chicago Ave TENANTS Vacant OAK PARK BELLWOOD W Lake St CHICAGO W Washington Blvd 2019 REAL ESTATE TAXES $16.69/SF HILLSIDE MAYWOOD 290 FOREST Roosevelt Rd BUILDING SF 4,067 SF PARK S Western Ave BROADVIEW 16th St Ogden Ave CURRENT ZONING C-2 WESTCHESTER Site NORTH BERWYN RIVERSIDE W 26th St CICERO W 31st St FAR 6.0 31st St LA GRANGE RIVERSIDE W 35th St PARK BROOKFIELD 55 BUILDABLE SF Approximately 34 Ogden Ave STICKNEY 120,228 SF WESTERN LYONS SPRINGS LA GRANGE Archer Ave W 47th St BUILDABLE UNITS 20 47th St W 47th St W 51st St W 55th St W 55th St S Ashland Ave SUMMIT Midway 294 Airport W 63rd St S Western Ave Cicero Ave Ave Cicero Cicero HODGKINS S Kedzie Ave Joliet Rd S Pulaski Rd BEDFORD PARK S Halsted St 43 79th St 294 BURBANK WILLOW SPRINGS W 87th St 4 PROPERTY DESCRIPTION | 5601 W CERMAK ROAD IMPROVEMENTS The building is masonry constructed with face brick exterior and an angled roof. A fire in 2017 damaged the roof structure and the associated water lead to the removal of much of the lower portion of the walls. Given the condition of the building, the parcel could be sold as commercial land site. Office and medical office use are also feasible, though will require significant improvements. 5 PROPERTY DESCRIPTION | 5601 W CERMAK ROAD PROPERTY AERIAL 54TH AVE CENTRAL AVE 57TH AVE 54th/Cermak CTA Station CERMAK RD 30,600 Cars Per Day Site 13,200 Cars Per Day Image source: Google Earth 6 PROPERTY DESCRIPTION | 5601 W CERMAK ROAD PLAT OF SURVEY 7 PROPERTY DESCRIPTION | 5601 W CERMAK ROAD ZONING 8 AREA OVERVIEW | 5601 W CERMAK ROAD NEIGHBORHOOD AREA OVERVIEW The Town of Cicero is one of the oldest municipalities in the State of Illinois. This township is a 5.86 square mile tract and is the only incorporated town in Cook County. Ogden Avenue, a former Native American trail, was one of the earliest throughfares through Cicero. When the Galena & Chicago Union Railroad was built westward from Chicago in 1848, Cicero became the first western suburb connected to the city by rail. The town was in corporated in 1869 in order to levy taxes for roads and city infrastructure. Throughout the years, Cicero developed as a manufacturing-centric town, including appliance and machinery parts, steel, glass, and packaging. Many of these industrial sites have since been decommissioned, but new commercial projects are residents and job prospects strong in Cicero. The most notable project recently announced in October of 2020 is a 575,000 SF Amazon fulfillment center that will be located at 1400 S. Laramie Avenue. SCHOOL AND EDUCATION Cicero Public School District 99 is comprised of 16 schools serving kindergarten through 8th grade education. J. Sterling Morton High School District 201 serves more than 8,000 students from Berwyn, Cicero, Forest View, Lyons, McCook, and Stickney. LOCATION/ACCESS • Approximately 10 miles Southwest of Chicago CBD • Sandwiched between Interstate 290 to the North and I-55 to the South • Midway International Airport is approximately 6 miles to the South PUBLIC TRANSPORTATION • Conveniently located 0.3 miles from the 54th/Cermak Pink Line Station as well as 0.4 miles from the LaVergne Metra Station. 9 AREA OVERVIEW | 5601 W CERMAK ROAD CTA AND METRA MAP Howard St NILES Sheridan Rd 94 W Touhy Ave ROGERS PARK LINCOLNWOOD Public Transportation EDISON PARK Pratt Blvd Routes Caldwell Ave WEST ROGERS PARK Lincoln Ave Metra Lines EDGEBROOK Devon Ave Western Ave Western PULASKI PARK CTA Lines EDGEWATER EDGEWATER BEACH Peterson Ave NORWOOD PARK SAUGANASH Elston Ave ANDERSONVILLE NORTH PARK 90 W Foster Ave Foster Ave JEFFERSON PARK LINCOLN MAYFAIR Lawrence Ave SQUARE UPTOWN N Nagle Ave RAVENSWOOD ALBANY PARK Montrose Ave BUENA PARK NORTH CENTER Irving Park Rd Irving Park Rd IRVING PARK PORTAGE PARK WRIGLEYVILLE DUNNING N Kedzie Ave Addison St Addison St Milwaukee Ave LAKE VIEW AVONDALE EAST ROSCOE VILLAGE LAKEVIEW Belmont Ave Belmont Ave Clark St Lincoln Ave Diversey Ave MONTCLARE BELMONT CRAGIN LINCOLN PARK Lake Shore Dr N Damen Ave HERMOSA N Damen Ave LOGAN SQUARE Fullerton Ave Grand Ave BUCKTOWN W Armitage Ave GALEWOOD Harlem Ave North Ave WICKER PARK OLD GOOSE TOWN GOLD COAST ISLAND N Oak Park Ave Division St Division St Cicero Ave Cicero HUMBOLDT PARK NEAR NORTH UKRAINIAN VILLAGE OAK PARK STREETERVILLE N Laramie Ave Chicago Ave N Central Ave N Central Ave Chicago Ave N Austin Blvd N Austin Blvd AUSTIN WEST TOWN RIVER NORTH Michigan Ave Pulaski Rd Lake St Pulaski Rd GARFIELD PARK Wacker Dr THE LOOP Washington Blvd FULTON MARKET WEST NEAR WEST SIDE LOOP CHICAGO Jackson Blvd UNIVERSITY VILLAGE/ 290 MEDICAL LITTLE ITALY DISTRICT Roosevelt Rd Roosevelt Rd LAWNDALE SOUTH LOOP N Kedzie Ave N Kedzie Ave Site Ashland Ave W 18th St PILSEN BERWYN Ogden Ave W 22nd St Cermak Rd CHINATOWN CICERO LITTLE VILLAGE 26th St Lake M ichigan Western Ave Western NEAR SOUTH SIDE 31st St BRIDGEPORT MCKINLEY PARK Lake Shore Dr 35th St Ogden Ave S Indiana Ave Pershing Rd Martin L King Jr Dr Martin L King Jr Dr BRIGHTON PARK BRONZEVILLE OAKLAND / CANARYVILLE KENWOOD FULLER PARK 55 ARCHER HEIGHTS Archer Ave 47th St BACK OF THE YARDS Cottage Grove Ave Cottage Grove W 51st St Ave Cottage Grove Cicero Ave Cicero GARFIELD RIDGE Ave Cicero HYDE PARK WEST ELSDON GAGE PARK 55th St 55th St WASHINGTON PARK MIDWAY Halsted St Halsted St Woodlawn Ave Woodlawn Ashland Ave Ashland Ave Western Ave Western AIRPORT Ave Western S Damen Ave S Damen Ave S Pulaski Rd CLEARING S Pulaski Rd E 63rd St 63rd St WOODLAWN WEST LAWN MARQUETTE PARK 67th St ENGLEWOOD Stony Island Ave 90 BEDFORD PARK W 71st St SOUTH SHORE Kedzie Ave 10 AREA OVERVIEW | 5601 W CERMAK ROAD PROXIMITY MAP G r e N WHEELING e R n Rd a Dun B dee n dee Rd a Dun y W d R d R ¤£45 NORTHBROOK d PALATINE WINNETKA ARLINGTON Willow Rd HEIGHTS ST53 GLENVIEW WILMETTE ¦§¨94 W Alg onq ROLLING uin Rd MEADOWS MT PROSPECT ¦§¨294 ¦§¨90 ¤£12 MORTON EVANSTON GROVE Golf Rd d d R R R E i H DES d t igg t St i er g s ns R s Dempst r d r PLAINES e u u SKOKIE A h h v m m e l SCHAUMBURG l E E ELK GROVE NILES d VILLAGE d R R Touhy Ave PARK e e s s RIDGE s s ¤£14 u u B B W Peterson Ave O'Hare ROSELLE 190 WOOD Int'l ¦§¨ DALE Airport t NORRIDGE 11 MILES d ¤£20 ¦§¨290 ST19 W Irving Park R e e v TO O’HARE v A A ELMWOOD o o r r ¦§¨90 e PARK e c c i GLENDALE ADDISON i ¤£41 e e C C v v e HEIGHTS e A A N N v v NORTHLAKE A A m m e e n n orth Ave l l W N r r r r e IL-64 e a a t orth Ave t s W N s H H e VILLA 1.5 MILES e CHICAGO W 83 MELROSE W PARK ST N PARK RIVER TO I-290 N GLEN ELMHURST FOREST 7 MILES ELLYN LOMBARD §¨290 IL ¦ TO LOOP - 8 S 3 FOREST CICERO L Ave a PARK k en d W Cermak Rd e t Og W 22nd S SITE S W h o e e r v BERWYN v e A OAK BROOK A 88 §¨ BROOKFIELD D n ¦ n r a a g g i i h h c e c i v i A M r M e h S e ¤£34 LA GRANGE c W 47th St S n Av HINSDALE 55 r gde ¦§¨ A O S LISLE DOWNERS WESTERN W 55th St e GROVE Midway e v v t 355 t SPRINGS I A §¨ A S ¦ S L Airport - n n n 5 n WESTMONT i i 294 r ¨ r 3 ¦§ e e a a d R t t s s M M r e 4.5 MILES e e W h W c WOODRIDGE r S A TO MIDWAY S th St JUSTICE S W 79th St E 79th St 75 DARIEN e BURR e v ST43 v EVERGREEN A A RIDGE §¨90 o HICKORY o PARK ¦ r r e OAK LAWN e c HILLS c i i ¤£12 E 95th St C C W 95th St S L e S e Av m r e h PALOS BOLINGBROOK o rc n A HILLS CHICAGO t 94 R RIDGE ¦§¨ d ¤£45 ¦§¨55 WORTH 50 ST ¨57 W Cal ¦§ Sag R d ALSIP LEMONT BLUE PALOS ISLAND HEIGHTS W 127th St E 130 th St ST171 t S DOLTON d CRESTWOOD e ROMEOVILLE t s l HOMER a CALUMET H GLEN S CITY ORLAND OAK MIDLOTHIAN PARK FOREST HARVEY
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