Retail Storefront with
For Lease
Contact for pricing
2003 W Cermak Rd, Chicago, IL 60608
Retail storefront features floor-to-ceiling windows and 13-foot ceilings, with a well-lit basement accessible via a duplex.
Property Size1,769 SF
Days on Market855
Property Features for 2003 W Cermak Rd
General Information
Standard status
Active
Size
1,769 SF
Property subtype
RETAIL
Lease Type
SF/yr
Additional Details
Road Access
Yes
Clear Height
13 ft
Listing Agency:
First Western Properties
(773) 355-4780
Listed By:
Paul Tsakiris · License #471005153
(773) 355-4780
Source:
Moodyscre
Added: Mar 28, 2024
Changed: Jul 25
Last Checked: Jul 30 at 2:38PM
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 retail storefront offers a clear-span sales floor with 13-foot ceilings and floor-to-ceiling windows that provide substantial natural light. The space includes a duplex into a well-lit basement, creating flexibility for additional usable area. There is also stated opportunity for adding approximately 1,737 square feet in the basement, depending on layout and configuration.
The property is located in the Pilsen neighborhood on Cermak Rd and Damen Ave, with reported traffic counts of 10,800 VPD and 15,300 VPD, respectively. It is described as within walking distance of the CTA Pink Line.
Overall, the configuration is designed for a prominent storefront presence supported by a functional basement level.
The property is located in the Pilsen neighborhood on Cermak Rd and Damen Ave, with reported traffic counts of 10,800 VPD and 15,300 VPD, respectively. It is described as within walking distance of the CTA Pink Line.
Overall, the configuration is designed for a prominent storefront presence supported by a functional basement level.
Key Highlights
- Retail storefront with floor‑to‑ceiling windows and 13‑ft ceilings
- Clear span layout with opportunity for additional 1,737 SF basement
- Well‑lit basement accessible via a duplex
Property Analytics
Current Use
Lease Details
13 ft
Clear height
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.77 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,815
Businesses Nearby
122k
Monthly Visits Nearby
Balanced
Demand for This Use
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
$22.12 /SF/Yr
Avg Asking Price
$0.92–$45 /SF/Yr
Price Range
2,359 SF
Avg Space Size
This space is priced 13% above the average of $22.12 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront features floor-to-ceiling windows and 13-foot ceilings, with a well-lit basement accessible via a duplex.
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 $25.10 SF/Yr.
What are key features of this property?
This property features: Retail storefront with floor‑to‑ceiling windows and 13‑ft ceilings; Clear span layout with opportunity for additional 1,737 SF basement; Well‑lit basement accessible via a duplex
