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Storefront with Partial Basement
For Lease
$26.40 SF/Yr

2140 W Cermak Road, Chicago, IL 60608

Open-plan commercial space with updated finishes, remodeled bath, and supplemental basement storage.

Space Size1,000 SF
Days on Market199

Property Features for 2140 W Cermak Road

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Zoning MULTI

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF

Taxes and HOA fees

Annual Taxes $10,246

Amenities

new windows
new lighting
new flooring
remodeled bathroom
partial basement
street parking

Building Details

Year Built 1896
Stories 3
Units 1
Listing Agency: Re/Max In The Village
Listed By: Erika Villegas · License #471020421
Source: Birdrealtysells
Added: Feb 3 Changed: Aug 20 Last Checked: Aug 20 at 5:04AM

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 Re/Max In The Village

Investment Insights

Based on property information with market context.

This storefront property offers approximately 1,000 square feet arranged in an open layout, with new windows, lighting, and flooring. The space includes one recently remodeled bathroom and a partial basement that provides storage area or room for a future office buildout. The property was constructed in 1896 and carries MULTI zoning.

Located at 2140 W Cermak Road in Chicago’s Pilsen community, the storefront benefits from street parking. The tenant is responsible for utilities other than water, with insurance required as part of the tenancy.

Key Highlights

  • Approximately 1,000 SF of open‑layout storefront space
  • New windows, lighting, and flooring
  • One recently remodeled bathroom

Property Analytics

Current Use

ParkChicago #359604 Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Tanning Salon Clothing & Fashion Store Restaurant

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
$3.96 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,584
Businesses Nearby
194k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 45% Groceries 25% Dining 24% Electronics 5%
Aldi Groceries
48,342 visits/mo 0.4 miles
Dunkin' Donuts Dining
15,231 visits/mo 0.5 miles
BP Shops & Services
14,380 visits/mo 0.2 miles
Speedway Shops & Services
14,019 visits/mo 0.4 miles
BP Shops & Services
13,154 visits/mo 0.4 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

$26.85 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,535 SF
Avg Space Size

This space is priced 2% below the average of $26.85 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Open-plan commercial space with updated finishes, remodeled bath, and supplemental basement storage.
Where is this storefront property located?
The property is located at 2140 W Cermak Road Chicago, IL.
What is the lease rate?
The lease rate is $26.40 SF/Yr.
What are key features of this property?
This property features: Approximately 1,000 SF of open‑layout storefront space; New windows, lighting, and flooring; One recently remodeled bathroom
More about this property
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