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10540 West Cermak Road

10540 West Cermak Road, Westchester, IL 60154
Commercial in Proviso
10540 West Cermak Road has been categorized by the local assessors in Westchester, IL as a commercial type of property. The building on the property was first built in 1972 and is 52 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 10540 West Cermak Road has 4,800 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10540 West Cermak Road sold most recently in Apr 8, 2022 for a total of $350,000. If you work out the math, that's approximately a cost of $72.92 per sqft. Before that, the property was also sold for $350,000 in Apr 8, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $19,764 in taxes each year. 10540 West Cermak Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $115,280. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $80,280. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 4,800
  • Gross Building Area: 4,800
  • Building Area: 4,800
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: NIXONS CIVIC CENTER ADD TO WESTCHESTER
  • Land Acres: 0.23
  • Standard Land Use Code: Commercial building
  • Legal Description 1: GEORGE F (NIXONS)(CIVIC) CENTER ADD TO (WESTCHESTER) IN EH SE SEC 20-39-12

Ownership

  • Current Owner : 10540 CERMAK ROAD LLC
  • Previous Owner : KORT WILLIAM B
  • Previous Owner 2: KORT NANCY B
  • Owner Before Previous Owner: WILLIAM B KORT SELF DECLARATION OF TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Westchester School District 92-5
  • Census Tract: 818402

Geography

  • District: 31
  • Parcel: 15-20-418-129-0000
  • Lot: 113
  • Meridian: SEC 20 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8488
  • Longitude: -87.8855

    Address

  • Full Address: 10540 W Cermak Rd
  • Address - House Number: 10540
  • Street Direction: W
  • Address - Street Name: Cermak
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Westchester
  • Carrier Code: C042
  • 4-Digit Zip Code: 5250
  • Zip Code: 60154

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,764
  • Tax Rate Code Area: 31047

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: Apr 12, 2022
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 08, 2042

    Market Valuation

  • Market Total Value: $461,120
  • Market Land Value: $140,000
  • Market Improvement Value: $321,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,280
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $80,280

    Sales

  • Current Sale Contract Date: Apr 08, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Transaction ID: 11889910435
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2210217055
  • Previous Sale Recording Date: Apr 12, 2022
  • Previous Sale Contract Date: Apr 08, 2022
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK
  • First Mortgage Transaction Date: Apr 12, 2022
  • First Mortgage Terms: 240
  • First Mortgage Loan Due Date: Apr 08, 2042

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: FIRST STATE BANK
  • Previous Mortgage Transaction Date: Apr 12, 2022
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 08, 2042

About Westchester



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Frequently Asked Questions

What neighborhood is 10540 West Cermak Road located in?
The 10540 West Cermak Road is a commercial located in the neighborhood of Proviso in Westchester, Westchester.
What is the average sales price for listings in 10540 West Cermak Road?
The average sales price for units in 10540 West Cermak Road is $0 currently.

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