Freestanding Specialty
For Lease
Contact for pricing
1318 W Cermak Rd, Chicago, IL 60608
Freestanding specialty building with off-street parking and storage, near Chicago’s Central Business District.
Space Size34,000 SF
Days on Market998
Property Features for 1318 W Cermak Rd
General Information
Standard status
Active
Size
34,000 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Spaces For Lease
at 1318 W Cermak Rd Contact us- Floor
- Bldg
- Size
- 34,000 SF
- Type
- INDUSTRIAL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
1318 W Cermak Rd
- Freestanding building on Cermak Road with off-street parking/ storage.
- Excellent...
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Listing Agency:
Colliers | Chicago Rosemont
(847) 698-8444
Listed By:
Vern Schultz, SIOR
(312) 613-1877
Source:
Moodyscre
Added: Dec 22, 2023
Changed: Aug 8
Last Checked: Sep 14 at 9:05AM
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 Colliers | Chicago Rosemont
Investment Insights
Based on property information with market context.
Freestanding specialty building with off-street parking and storage, positioned for straightforward tenant use. The property size is 34,000 square feet, providing a large footprint for specialty operations.
Located on Cermak Road in Chicago, the building offers strong accessibility, with immediate access to multiple expressways. It also sits within walking distance of retail amenities and public transportation, supporting day-to-day customer or staff travel.
For tenants looking for a stand-alone building with on-site parking and storage and convenient expressway connectivity, this property’s layout and street-level access on Cermak Road may fit well.
Located on Cermak Road in Chicago, the building offers strong accessibility, with immediate access to multiple expressways. It also sits within walking distance of retail amenities and public transportation, supporting day-to-day customer or staff travel.
For tenants looking for a stand-alone building with on-site parking and storage and convenient expressway connectivity, this property’s layout and street-level access on Cermak Road may fit well.
Key Highlights
- 34,000 SF freestanding specialty building
- Off‑street parking and storage
- On Cermak Road in Chicago, IL
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,214
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$21.78 /SF/Yr
Avg Asking Price
$9–$45 /SF/Yr
Price Range
5,408 SF
Avg Space Size
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Freestanding specialty building with off-street parking and storage, near Chicago’s Central Business District.
Where is this specialty property located?
The property is located at 1318 W Cermak Rd Chicago, IL.
What are key features of this property?
This property features: 34,000 SF freestanding specialty building; Off‑street parking and storage; On Cermak Road in Chicago, IL
