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Retail Storefront Property
For Sale
$995,000

3142 W Cermak Road, Chicago, IL 60623

For-sale retail storefront property located on West Cermak Road in Chicago, IL.

Property Size7,496 SF
Days on Market55

Property Features for 3142 W Cermak Road

General Information

Standard status Active
Size 7,496 SF
Property subtype Multifamily

Building Details

Building Size 7,496 SF
Year Built 1889
Listing Agency: SVN | Chicago Commercial
Listed By: Paul Cawthon · License #475130924
Source: Svn
Added: Jul 14 Changed: Sep 4 Last Checked: Sep 5 at 6:38AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This for-sale retail storefront property is listed as a commercial retail asset and is appropriate for a tenant or owner-operator looking for a street-facing retail format.

The property is located at 3142 W Cermak Road in Chicago, Illinois (60623).

Key Highlights

  • Retail storefront property for sale on West Cermak Road in Chicago, IL
  • Year built: 1894

Property Analytics

Current Use

Royal Dental Dental Office Integra Dental Dental Office Free Covid Care Medical Clinic

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Law Firm Skin Care Clinic Nursing Home

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

Location Intelligence

Trade Area within ½ mile

1,919
Businesses Nearby
49k
Monthly Visits Nearby
Balanced
Demand for This Use

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
Questions? Ask Rey
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Similar Off Market Nearby

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  • Flowers with Love and Gifts 3707 W 26th St, Chicago, IL 60623
  • Albany Florist 2558 S Albany Ave, Chicago, IL 60623
  • Tiffany's Flower Shop 2500 S Millard Ave, Chicago, IL 60623

Frequently Asked Questions

What type of property is this?
Storefront property - For-sale retail storefront property located on West Cermak Road in Chicago, IL.
Where is this storefront property located?
The property is located at 3142 W Cermak Road Chicago, IL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Retail storefront property for sale on West Cermak Road in Chicago, IL; Year built: 1894
More about this property
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