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    2889 W Cermak Rd Chicago, IL 60623

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    For Lease
    $8 SF/Yr

    Individual office suites in Lawndale, perfect for professionals and small businesses.

    Property Features for 2889 W Cermak Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1918

    Source: YOU PROPERTIES LLC Agent ERIK CORRAL

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lawndale Office Suites for Rent

    Office suites are available at The Apollo, suitable for professionals and small businesses. Located on the second floor, the individual suites range from 150 to 200 square feet, and multiple suites can be combined to create larger workspaces. These private suites are ideal for professionals such as accountants, psychologists, architects, or any other office-based business needing a dedicated workspace. The Apollo is located in the heart of Chicago's Lawndale neighborhood, benefiting from high visibility with over 12,000 vehicles passing by daily. There are 10 suites available, with access to shared common area restrooms. Monthly rent varies based on square footage, offering flexible options for startups and growing businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    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
    -87.6983317
    Latitude
    41.85158

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    FAQs

    What type of property is this?
    Office space - Individual office suites in Lawndale, perfect for professionals and small businesses.
    Where is this office space located?
    The property is located at 2889 W Cermak Rd Chicago, IL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Flexible office suites ranging from 150-200 sq. ft., with the option to combine multiple suites for larger workspaces.; - Prime location in Chicago's Lawndale neighborhood with high visibility (over 12,000 vehicles passing daily).; - Ideal for professionals and small businesses needing a dedicated workspace.
    (312) 721-1721
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    2889 W Cermak Rd Chicago, IL 60623
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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
    2889 W Cermak Rd Chicago, IL 60623
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