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    2620 W Cermak Rd Chicago, IL 60608

    New
    Picture of Retail space at W Cermak Rd 2620, Chicago, IL
    For Lease
    $18 SF/Yr

    Neighborhood Storefront - Chicago, IL

    Days on Market:
    2
    Last Refresh:
    Dec 9 at 12:06 pm

    Property Features for 2620 W Cermak Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1889
    Architectural style
    Other

    Open Path Realty (773) 316-5781 [email protected]

    Listing agent Hector Castaneda (773) 772-1142 License #471005429

    Listing date Dec 8, 2025

    MLS# 12528639 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Traffic Corner Retail Space

    This 1,900 sq ft corner retail space offers high visibility and exposure on Cermak Road, which experiences traffic of over 15,000 vehicles per day and strong pedestrian flow. The property is located in a commercial corridor near national retailers and neighborhood businesses, including Walmart Neighborhood Market, Dollar Tree, McDonald's, Burger King, Dunkin', T-Mobile, Chase Bank, and Little Caesar's. The space is suitable for retail, office, showroom, salon/barber, medical, or other commercial uses. It features a flexible layout and signage opportunities. The tenant will be responsible for 15% of property tax and 15% of water costs. If the tenant does not have their own trash haul, they will be responsible for 15% of the owner's bill.
    Location Intelligence

    Current Use by Public Records

    A la carte food ... Convenience Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6914066
    Latitude
    41.8522399

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    FAQs

    What type of property is this?
    Retail space - 1900 SF retail space with excellent visibility on Cermak Road.
    Where is this retail space located?
    The property is located at 2620 W Cermak Rd Chicago, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic corner location on Cermak Road with 15,000+ vehicles per day and strong pedestrian flow.; - Located in a vibrant commercial corridor surrounded by national retailers and neighborhood staples.; - **1,900 sq ft of flexible retail space** suitable for various commercial uses (retail, office, salon, medical, etc.).
    (773) 772-1142
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    2620 W Cermak Rd Chicago, IL 60608
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    Chicago, IL 60608
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2620 W Cermak Rd Chicago, IL 60608
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