Rehabbed Storefront/Office with Expansion
For Lease
$25 SF/Yr
2003 W Cermak Rd, Chicago, IL 60608
Recently rehabbed storefront/office with basement and expansion possibilities.
Space SizeContact for details
Days on Market519
Property Features for 2003 W Cermak Rd
General Information
Standard status
Active
Listing Agency:
First Western Properties
(773) 355-4780
Listed By:
Paul Tsakiris · License #471005153
(773) 355-4780
Source:
Exprealty
Added: Mar 22, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:57AM
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 fully rehabbed storefront/office space, originally built as a pharmacy two years ago, offers 1,500 square feet with an additional 1,500 square foot basement. The duplex space features exposed brick, 12-foot ceilings, and floor-to-ceiling windows. There is also room for additional expansion in the rear of the property. The property is situated on the corner of Cermak Road, with a traffic volume of 10,800 vehicles per day, and Damen Avenue, with a traffic volume of 15,300 vehicles per day. It is located within walking distance of the CTA Pink line, the Damen CTA bus, and the Cermak CTA bus.
Key Highlights
- Fully rehabbed storefront/office built just 2 years ago.
- High‑traffic corner location with 10,800 VPD on Cermak Rd. and 15,300 VPD on Damen Ave.
- 1,500sf space with an additional 1,500sf basement.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,815
Businesses Nearby
Balanced
Demand for This Use
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
Market
Lease Benchmarks for Chicago, IL
$26.85 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,535 SF
Avg Space Size
This space is priced 7% below the average of $26.85 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Hood Florist — 1508 W 18th St, Chicago, IL 60608
- Semillas — 1848 S Blue Island Ave, Chicago, IL 60608
- Soul Full Chicago — 1508 W 18th St, Chicago, IL 60608
- Blu Oasis Floral — 2244 S Blue Island Ave, Chicago, IL 60608
- Kehoe Designs — 2555 S Leavitt St, Chicago, IL 60608
Frequently Asked Questions
What type of property is this?
Storefront property - Recently rehabbed storefront/office with basement and expansion possibilities.
Where is this storefront property located?
The property is located at 2003 W Cermak Rd Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Fully rehabbed storefront/office built just 2 years ago.; High‑traffic corner location with 10,800 VPD on Cermak Rd. and 15,300 VPD on Damen Ave.; 1,500sf space with an additional 1,500sf basement.
