Riverside IL Commercial for Sale
$1,300,000
8380 W Cermak Road Riverside, IL 60546
- Type:
- Other
- Sq.Ft.:
- 3,800
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2003
- Baths:
- MLS#:
- 11478581
View additional info
Courtesy: Brookline Real Estate LLC
630-590-5910
ADDITIONAL INFORMATION
We are proud to present the opportunity to acquire an office/retail property positioned in a strong, transit-oriented location in the Village of North Riverside, IL. 8380 W Cermak Road is a former bank building that features an open retail/office area as well as two covered drive-thru lanes. Frontage on both Cermak Road and Route 171 (1st Avenue) offers remarkable visibility and exposure from all directions at the heavily-trafficked intersection. Just south of I-290, the property shares the same block with Loyola University Medical Campus and Hines VA Hospital. Directly across from Riverside Golf Club, 8380 W Cermak Road is also surrounded densely by residential neighborhoods, just blocks from the North Riverside Park Mall trade area including Costco, Aldi, and car dealerships. A user with a need for brand exposure will benefit tremendously from the building's corner position facing over 60,000 daily vehicles. An investor will benefit from attracting prime tenants given the many favored attributes of this property.
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Riverside Real Estate
The median home value in Riverside, IL is $614,950. This is higher than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Riverside, IL is $614,950. Approximately 71.39% of Riverside homes are owned, compared to 21.07% rented, while 7.54% are vacant. Riverside real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Riverside real estate agent to arrange a tour today!
Riverside, Illinois has a population of 8,838. Riverside is more family-centric than the surrounding county with 40.4% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Riverside, Illinois is $99,063. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Riverside is 42.9 years.
Riverside Weather
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 38.2 inches per year, with 34.8 inches of snow per year.