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Pilsen Land for Lease
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977 West Cermak Road, Chicago, IL 60608

9.64 acres in Pilsen for parking, storage, or build-to-suit.

Space SizeContact for details
Property Size9 SF
Lot Size9.64 Acres
Days on Market139

Property Features for 977 West Cermak Road

General Information

Standard status Active
Size 9 SF
Lot size 9.64 Acres
Property subtype Land
Listing Agency: CBRE | Chicago
Listed By: Colin Green, SIOR
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 8 at 6:30AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This 9.64-acre site is available for lease in Chicago's Pilsen neighborhood, suitable for parking, outside storage, or a build-to-suit project. The property includes an existing 35,000-square-foot building featuring 18'0" clear ceilings, 12 exterior docks that are expandable, and one drive-in door, also expandable. There are 641 car parking spots, expandable to 733, and 280 trailer stalls, expandable to 355. The site is completely fenced and secured. The property is zoned PD 1176. Located in a rare Pilsen site, it offers easy access to a strong labor pool and public transportation. It provides immediate access to I-90 and I-55, is two blocks from the CTA Halsted Orange Line stop, and is within walking distance of multiple retail amenities. The site is located just 1.95 miles from the CBD. The owner will build to suit or customize the existing building.

Key Highlights

  • 9.64‑acre site in Chicago's Pilsen neighborhood suitable for parking, outside storage, or build‑to‑suit development.
  • Existing 35,000 SF building with 18' clear ceilings, 12 exterior docks (expandable), and 1 drive‑in door (expandable).
  • Ample parking** with 641 car spots (expandable to 733) and 280 trailer stalls (expandable to 355).

Property Analytics

Current Use

South River Park Warehouse & Storage Meade Electric Co Electrical Service

Suggested Use

Top Pick Building Supply Auto Parts Store Garden Center Auto Repair Shop Hotel & Motel Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

2,031
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value

Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 9.64 acres in Pilsen for parking, storage, or build-to-suit.
Where is this commercial land located?
The property is located at 977 West Cermak Road Chicago, IL.
What are key features of this property?
This property features: 9.64‑acre site in Chicago's Pilsen neighborhood suitable for parking, outside storage, or build‑to‑suit development.; Existing 35,000 SF building with **18' clear ceilings**, 12 exterior docks (expandable), and 1 drive‑in door (expandable).; Ample parking** with 641 car spots (expandable to 733) and 280 trailer stalls (expandable to 355).
More about this property
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