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Former Neighborhood Market Retail Space
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2551 West Cermak Road, Chicago, IL 60608

Former Walmart Neighborhood Market available in Cermak Plaza, zoned PD 321 and located along CTA bus route 21.

Space SizeContact for details
Days on Market35

Property Features for 2551 West Cermak Road

General Information

Standard status Active
Property subtype Retail
Zoning PD 321
Listing Agency: CBRE - Chicago
Listed By: Jim Sakanich
Source: Cbre
Added: Jul 17 Changed: Aug 9 Last Checked: Aug 19 at 7:16AM

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 is a former Walmart Neighborhood Market retail space located within Cermak Plaza. The property is associated with grocery and convenience retail use and is positioned for leasing as part of a larger shopping center.

The property is zoned PD 321 and is located along CTA bus route 21.

Additional information on the interior layout, utilities, and specific lease terms is not provided here. Interested parties should confirm configuration and any applicable building or site requirements directly with the landlord or broker.

Key Highlights

  • Former Walmart Neighborhood Market available at Cermak Plaza
  • Zoned PD 321
  • Located along CTA bus route #21

Property Analytics

Current Use

Walmart Home Services Social Service Agency Walmart Baby & Nursery ... Social Service Agency Minute Key Locksmith William A Randolph Inc General Contractor Walmart Connection Center Mobile Phone Store

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Law Firm Garden Center Skin Care 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

1,543
Businesses Nearby
190k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 45% Electronics 3%
Dollar Tree Shops & Services
29,998 visits/mo 0.1 miles
Dunkin' Donuts Dining
15,231 visits/mo 0.2 miles
Speedway Shops & Services
14,019 visits/mo 0.2 miles
Church's Chicken Dining
13,470 visits/mo 0.4 miles
Little Caesars Pizza Dining
13,456 visits/mo 0.2 miles

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 Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Similar Off Market Nearby

  • La Familia Market 2300 W 23rd St, Chicago, IL 60608
  • Cermak market 2830 W Cermak Rd, Chicago, IL 60623
  • Sucursal De Iguala Guerrero 2714 W Cermak Rd, Chicago, IL 60608
  • Super Mercados El Güero cermak 2101 W Cermak Rd, Chicago, IL 60608
  • Super Mercado Gonzalez 2158 W 21st Pl, Chicago, IL 60608

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Former Walmart Neighborhood Market available in Cermak Plaza, zoned PD 321 and located along CTA bus route 21.
Where is this grocery and convenience store located?
The property is located at 2551 West Cermak Road Chicago, IL.
What are key features of this property?
This property features: Former Walmart Neighborhood Market available at Cermak Plaza; Zoned PD 321; Located along CTA bus route #21
More about this property
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