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    2154 W Cermak Rd Chicago, IL 60608

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    For Lease
    $37 SF/Yr ($7,091 /Mo)

    Retail space with remodeled front and stock/office rooms for rent.

    Property size:
    2,300 SF
    Lot size:
    0.15 Acres

    Property Features for 2154 W Cermak Rd

    General Information

    Size
    2,300 SF
    Lot size
    0.15 Acres

    Source: Lee & Associates | Chicago Agent A. Rick Scardino

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

    Overview

    Remodeled Retail Space Available

    This retail space features a newly remodeled front area, complemented by two back rooms suitable for stock and office use. The property is situated on a signalized hard corner, offering street parking. It is located approximately 1.7 miles from downtown Chicago and 5.7 miles from Midway Airport. The property has a size of 2300 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail 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
    -87.6860404
    Latitude
    41.8522166

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    FAQs

    What type of property is this?
    Retail space - Retail space with remodeled front and stock/office rooms for rent.
    Where is this retail space located?
    The property is located at 2154 W Cermak Rd Chicago, IL.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
    What are key features of this property?
    This property features: - Located on **signalized hard corner**; - Just 1.7 miles to downtown Chicago; - Front is **newly remodeled**
    (708) 921-1044
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    2154 W Cermak Rd 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
    2154 W Cermak Rd Chicago, IL 60608
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