Shopping Center Retail
For Lease
Contact for pricing
2531-2551 W Cermak Rd, Chicago, IL 60608
Join established tenants at a Chicago shopping center with several nearby neighborhood retailers.
Space Size3,000 SF
Days on Market1010
Property Features for 2531-2551 W Cermak Rd
General Information
Standard status
Active
Size
3,000 SF
Property subtype
RETAIL
Building Details
Tenancy
Multi
Spaces For Lease
at 2531-2551 W Cermak Rd Contact us- Floor
- 1
- Size
- 3,000 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
2537 W Cermak Rd
- Busy shopping center : Join dollar tree, O’Reilly auto, family thrift & citibank...
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Contact us
Listing Agency:
CBRE | Chicago
(312) 297-7688
Listed By:
Sean McCourt
Source:
Moodyscre
Added: Nov 16, 2023
Changed: Aug 14
Last Checked: Aug 21 at 3:15PM
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 shopping center offers retail space suitable for a range of storefront users, with existing and planned tenants in place. Current and upcoming names referenced include Dollar Tree, O’Reilly Auto, Family Thrift, and CitiBank (coming soon). The property is positioned within an active retail corridor featuring area retailers such as Pete’s Fresh Market, Planet Fitness, Fairplay Foods, and Discovery Clothing Co.
The site is described as being in the Little Village neighborhood. Demographic context provided includes a 71% Hispanic population, with population counts noted at 1 mile and 2 miles from the property.
The tenancy mix and surrounding retail concentration can be helpful for operators looking to serve steady neighborhood demand and benefit from nearby established shopping destinations.
The site is described as being in the Little Village neighborhood. Demographic context provided includes a 71% Hispanic population, with population counts noted at 1 mile and 2 miles from the property.
The tenancy mix and surrounding retail concentration can be helpful for operators looking to serve steady neighborhood demand and benefit from nearby established shopping destinations.
Key Highlights
- 3,000 SF retail space
- Join Dollar Tree and O’Reilly Auto at the center
- Family Thrift on site and CitiBank (coming soon)
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
Explore this area
Business Placement
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
Lease Benchmarks for Chicago, IL
$21.4 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
26,628 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
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- Discount Mall — 3055 W 26th St, Chicago, IL 60623
Frequently Asked Questions
What type of property is this?
Shopping center - Join established tenants at a Chicago shopping center with several nearby neighborhood retailers.
Where is this shopping center located?
The property is located at 2531-2551 W Cermak Rd Chicago, IL.
What are key features of this property?
This property features: 3,000 SF retail space; Join Dollar Tree and O’Reilly Auto at the center; Family Thrift on site and CitiBank (coming soon)
