Address
6310 W Cermak Road, Berwyn, IL
Price
$ 3,400,000
Property Attributes
- MLS#11947351
- TypeBusiness Op
- CountyCOOK
- CityBerwyn
- AreaBerwyn
- Zip60402
- StyleBar/Tavern/Lounge,Food & Beverage
- Price$ 3,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage9000
- Lot Size9,000 SqFt
Data Source:
Midwest Real Estate Data (MRED)
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
| Price History | |
|---|---|
| 12/28/2023 | Listed $2,999,999 |
General Features
| Cooling | Central Air |
|---|---|
| Possession | Closing,Negotiable |
| Zoning | COMMR |
| Tenant Pays | Varies by Tenant |
| Stories | 1 |
| Tax Year | 2022 |
| Business Type | Bar/Tavern/Lounge,Food & Beverage |
| Business Name | PIERRE BAKERY WEST |
| County | Cook |
| Property Type | Business Opportunity |
| Status | Active |
| Directions | Harlem/Ridgeland East to Property. Property located on North side of Cermak |
| City | Berwyn |
| MLS Area | Berwyn |
| Lot Size Square Feet | 9000 |
| Street Name | Cermak |
| Additional Parcels Y/N | Yes |
| Days on Market | 105 |
| Standard Status | Active |
| Property Type | Bus / Bus w/Real Est |
| Ownership Type | Corporation |
Interior Features
| Street Suffix | Road |
|---|
Exterior Features
| Building Area Total | 9000 |
|---|---|
| Lot Dimensions | 75X120 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Business Op Average in 60402
Price
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of April 29, 2024 8:19 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of April 29, 2024 8:19 PM UTC
