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Retail Space with Open Layout
For Lease
$37 SF/Yr

2418 W CERMAK Road #A, Chicago, IL 60608

C1-2 retail space includes HVAC, a private bathroom, storage, and on-site parking.

Space SizeContact for details
Property Size600 SF
Days on Market19

Property Features for 2418 W CERMAK Road #A

General Information

Standard status Active
Size 600 SF

Taxes and HOA fees

Annual Taxes $2,243

Building Details

Year Built 2021
Stories 1
Listing Agency: REMAX Legends
Listed By: Edgardo Guerrero · License #475159071
Source: Cavanaghrealty
Added: Jul 21 Changed: Aug 7 Last Checked: Aug 7 at 3:16AM

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 REMAX Legends

Investment Insights

Based on property information with market context.

This 600 SF retail space at 2418 W Cermak Road #A features an open interior, high ceilings, large windows, HVAC, a bathroom, and dedicated storage. The property was built in 2021 and carries C1-2 commercial business zoning, supporting general, medical, office, art or gallery, and general store uses as identified for the space.

The property is positioned on Cermak Road west of Western Avenue in Chicago’s Little Village. On-site parking is available at no additional charge, with common-area lot maintenance assigned to the tenant. Lease terms begin with a one-year term and include 2–3 year options. Gas and electric are tenant responsibilities.

Key Highlights

  • 600 SF retail space with open interior layout
  • C1‑2 commercial business zoning
  • High ceilings, large windows, and HVAC

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon Pet Grooming Service HVAC Service

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
$5.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,593
Businesses Nearby

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

$25.43 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
7,935 SF
Avg Space Size

This space is priced 46% above the average of $25.43 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - C1-2 retail space includes HVAC, a private bathroom, storage, and on-site parking.
Where is this retail space located?
The property is located at 2418 W CERMAK Road #A Chicago, IL.
What is the lease rate?
The lease rate is $37 SF/Yr.
What are key features of this property?
This property features: 600 SF retail space with open interior layout; C1‑2 commercial business zoning; High ceilings, large windows, and HVAC
More about this property
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