Spaces For Lease

at 1931-1933 W Cermak Rd Contact us

Available Space

Floor

1st

Size

8,000 SF

Type

Retail

Term

Negotiable

Availability

Immediate

Contact us

Listing Agency: Chicago Show Phone

Listed By: Matt Ramsey · License #475.137675 Show Phone

Source: Property.jll

Added: Sep 18 Last Checked: Sep 26 at 3:43AM

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Investment Insights

Based on property information with market context.

The 8,000 SF retail space at 1931-1933 W Cermak Rd is available for lease. Walgreens is located directly alongside the property, creating a defined retail setting for the space.

Key Highlights

• 8,000 SF retail space
• Walgreens located directly alongside the property
• Available for lease at 1931‑1933 W Cermak Rd, Chicago, IL

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon Nursing Home Bed & Breakfast

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

1,815

Businesses Nearby

122k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 51% Groceries 40% Electronics 8% Home Improvements & Furnishings 1%

Aldi Groceries

48,342 visits/mo 0.3 miles

BP Shops & Services

23,707 visits/mo 0.5 miles

BP Shops & Services

14,380 visits/mo 0.0 miles

Dollar Tree Shops & Services

9,773 visits/mo 0.2 miles

Shell Shops & Services

9,568 visits/mo 0.3 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

$26.3 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

9,107 SF

Avg Space Size

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Lease opportunity with a Walgreens store next door.

Where is this retail space located?

The property is located at 1931-1933 W Cermak Rd Chicago, IL.

What are key features of this property?

This property features: 8,000 SF retail space; Walgreens located directly alongside the property; Available for lease at 1931‑1933 W Cermak Rd, Chicago, IL