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Prime Corner Retail Space Available
For Lease
$28 SF/Yr

3101 W Cermak Road #A, Chicago, IL 60623

Corner retail space with high visibility in Little Village.

Space SizeContact for details
Days on Market866

Property Features for 3101 W Cermak Road #A

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $26,457

Building Details

Year Built 2003
Listing Agency: VISTA GROUP REALTY INC
Listed By: NADIYA GERACI
Source: Corcoran
Added: Apr 23, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VISTA GROUP REALTY INC

Investment Insights

Based on property information with market context.

The property at 3101-05 W Cermak Road is positioned on a corner at the intersection of Cermak and Albany. The location features dual access points, providing visibility and convenience. Historically, the property was used as a bank. On-site parking is available. The property is located in the Little Village community, offering a setting for business.

Key Highlights

  • Prime corner location at the intersection of Cermak and Albany.
  • Dual access points offering unrivaled visibility and convenience.
  • Ample on‑site parking.

Property Analytics

Current Use

Luis Printing Marketing & Advertising Hallberg Insurance Network Insurance Agency Chase Bank Bank Chase Mortgage Loan Service Cici Nails(Little Village) Nail Salon

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Nursing Home Hotel & Motel Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,919
Businesses Nearby
49k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Shops & Services 43% Electronics 4%
BP Shops & Services
16,196 visits/mo 0.0 miles
Church's Chicken Dining
13,470 visits/mo 0.5 miles
Dunkin' Donuts Dining
10,845 visits/mo 0.1 miles
U.S. Bank Shops & Services
3,754 visits/mo 0.4 miles
SUBWAY Dining
1,418 visits/mo 0.5 miles

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Corner retail space with high visibility in Little Village.
Where is this bank located?
The property is located at 3101 W Cermak Road #A Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Prime corner location at the intersection of Cermak and Albany.; Dual access points offering unrivaled visibility and convenience.; Ample on‑site parking.
More about this property
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