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Office Space with Floor-to-Ceiling Windows
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2740 W Cermak Rd, Chicago, IL 60608

Extensive upgrades support high-visibility second-floor office space plus additional basement and first-floor retail options.

Property Size10,000 SF
Days on Market505

Property Features for 2740 W Cermak Rd

General Information

Standard status Active
Size 10,000 SF
Net Rentable 10,000 SF
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Available Space 10,000 SF
Contiguous Space 10,000 SF
Floor 2
Space Use Office
Sublease No

Site & Location

Anchor Co-Tenants Dollar General
Road Access Yes
Public Transit Yes

Building Details

Construction masonry
Tenancy Multi
Listing Agency: First Western Properties
Listed By: Paul Tsakiris · License #471005153
Source: Moodyscre
Added: Mar 17, 2025 Changed: Jul 29 Last Checked: Aug 2 at 1:02PM

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 First Western Properties

Investment Insights

Based on property information with market context.

This property offers multiple leased space options, including a 10,000 SF second-floor office suite. Ownership has completed extensive improvements, including new floor-to-ceiling windows and a 12-foot ceiling height. Additional space includes a 700 SF first-floor retail space and a 10,000 SF basement area.

The building is located on Cermak Rd at the Cermak/California intersection, just east of California Ave. It sits next to the CTA Pink train line and just south of historic Douglass Park.

Dollar General occupies the first floor, supporting a retail presence at the site while additional spaces remain available within the same building configuration.

Key Highlights

  • 10,000 SF second‑floor office space
  • Extensive improvements include new floor‑to‑ceiling windows
  • 12‑foot ceiling height in the second‑floor space

Property Analytics

Current Use

Dollar General Grocery & Convenience Store KeyMe Locksmiths Locksmith Western Union Bank Finessedbyness Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Carpet & Flooring Store

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,802
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

Lease Benchmarks for Chicago, IL

$28.7 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,166 SF
Avg Space Size

This space is priced 65% below the average of $28.7 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Extensive upgrades support high-visibility second-floor office space plus additional basement and first-floor retail options.
Where is this office units located?
The property is located at 2740 W Cermak Rd Chicago, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 10,000 SF second‑floor office space; Extensive improvements include new floor‑to‑ceiling windows; 12‑foot ceiling height in the second‑floor space
(773) 355-4780 Call to check price and availability
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