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6310 W Cermak Road

Berwyn, IL 60402
  • $3,400,000
  • STATUS: Active
  • ON SITE: 151 Days
  • MLS #: 11947351
$3,400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Description

Prime commercial real estate property including the sale of popular and well-established business, Pierre Bakery West. The property at 6312 W Cermak, spanning 6,000 square feet, houses two tenants including Pierre Bakery West and Canton 8. Pierre Bakery has made a significant impact and has established a market presence on the baked goods market for over 40 years, and this specific location has been operational for 20+ years with over one million invested into FFE . The property at 6310 W Cermak is 3,000 square feet, one-story building currently leased to a restaurant, Uncle Shawarma and a Ghost Kitchen. This single-story building presents potential opportunities such as upward development to potentially include residential units, thereby increasing rental income. Additionally, transitioning to a mixed-use property could offer tax advantages (buyer advised to conduct due diligence). Real estate property alone can provide estimate 1.2 DCSR

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2024-05-26T23:00:13.62 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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6310 W Cermak Road Berwyn, IL 60402

  • Price: $3,400,000
  • Status: Active
  • On Site: 151 Days
  • MLS #: 11947351
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Berwyn
County:
Cook
Area:
Berwyn
Property Description
Prime commercial real estate property including the sale of popular and well-established business, Pierre Bakery West. The property at 6312 W Cermak, spanning 6,000 square feet, houses two tenants including Pierre Bakery West and Canton 8. Pierre Bakery has made a significant impact and has established a market presence on the baked goods market for over 40 years, and this specific location has been operational for 20+ years with over one million invested into FFE . The property at 6310 W Cermak is 3,000 square feet, one-story building currently leased to a restaurant, Uncle Shawarma and a Ghost Kitchen. This single-story building presents potential opportunities such as upward development to potentially include residential units, thereby increasing rental income. Additionally, transitioning to a mixed-use property could offer tax advantages (buyer advised to conduct due diligence). Real estate property alone can provide estimate 1.2 DCSR
Exterior Features

Lot Size .25-.49 Acre Outdoor Parking Parking-Street

Interior Features

Cooling Central Air Heat Ventilation Forced AirIndividual Furnaces

Property Features

Additional Parcels YN Yes Adjusted Net Income 0 Adjusted Net Income Year 2022 Annual Rent For Real Estate 312000 Building Area Total 9000 Business Age 11+ Years Business Type Bar/Tavern/LoungeFood & Beverage Corporate Limits Berwyn Gross Profit Year 2022 Gross Sales Annual 0 Gross Sales Annual Year 2022 Mls Actual Status Active Operating Expense 0 Ownership Type Corporation Ownership Types Corporation Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipmentTrade FixturesInventoryCustomer ListOwner Will TrainPhone Number Tax Annual Amount 0 Tax Year 2022 Tenant Pays Varies by Tenant Type Bus / Bus w/Real Est Type Of Lease Net LeaseRenewal Options Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 312-981-5500.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2024-05-26T23:00:13.62 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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