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Retail Storefront with High Ceilings
For Lease
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2418 W CERMAK Road, Chicago, IL 60608

COMMERCIAL - Chicago, IL

Days on Market10

Property Features for 2418 W CERMAK Road

General Information

Property type Commercial Lease
Property subtype Retail
Directions North of South on Western Ave to Cermak Rd. West on Cermak Rd to property Next to McDonalds
Subdivision CHI - Lower West Side
Standard status Active

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 2244

Utilities

Cooling system Central Air

Building Details

Year built 2021
Floors in Building 1
Listing Agency: REMAX Legends · RE/MAX International
Listed By: Edgardo Guerrero · License #475159071
Added: Jul 21 Last Checked: Jul 30 at 6:06PM
MLS# 12711891

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail storefront space is available for rent and is zoned C1-2. The unit includes an open floor plan with a bathroom and storage space, with features such as high ceilings, large windows, and HVAC. The space is described as needing updating.

Located on busy Cermak Road just west of Western Ave in Little Village, the property includes a parking lot with plenty of free parking available for tenants and visitors.

Tenant responsibility includes gas and electric bills, as well as common-area parking lot maintenance. The initial lease term is listed as one year, with 2–3 year options available. The property is noted as easy to show with short notice acceptable.

Key Highlights

  • Commercial space for rent on busy Cermak Road (just west of Western Ave) in Little Village
  • Zoned C1‑2 and suitable for office, general store, art/gallery, or general/medical use
  • Year built 2021 with central air 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

Location Intelligence

Trade Area within ½ mile

1,593
Businesses Nearby
198k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 30% Electronics 5%
Dollar Tree Shops & Services
29,998 visits/mo 0.2 miles
Dunkin' Donuts Dining
15,231 visits/mo 0.3 miles
BP Shops & Services
14,380 visits/mo 0.5 miles
Speedway Shops & Services
14,019 visits/mo 0.1 miles
Little Caesars Pizza Dining
13,456 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

$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with an open layout, high ceilings, large windows, bathroom, and HVAC, available for one-year lease terms.
Where is this retail space located?
The property is located at 2418 W CERMAK Road Chicago, IL.
What are key features of this property?
This property features: Commercial space for rent on busy Cermak Road (just west of Western Ave) in Little Village; Zoned C1‑2 and suitable for office, general store, art/gallery, or general/medical use; Year built 2021 with central air and HVAC
More about this property
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