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

COMMERCIAL - Chicago, IL

Space SizeContact for details
Days on Market24

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

Amenities

bathroom
storage space
open floor plan
high ceilings
large windows
HVAC

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 Changed: Aug 4 Last Checked: Aug 13 at 12:06PM
MLS# 12711859

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.

Commercial retail space available for rent, zoned C1-2, suited for a range of business uses including general or office, general store, and art/gallery. The suite includes a bathroom and storage, with an open floor plan designed for flexible layout.

Located on busy Cermak Road just west of Western Ave in Little Village, the property offers plenty of free parking in the on-site parking lot. Interior features include high ceilings, large windows for natural light, and HVAC.

The tenant is responsible for gas and electric bills and common-area parking lot maintenance. Initial lease term is 1 year with 2–3 year options. The space is easy to show and short notice is available.

Key Highlights

  • Commercial space for rent on Cermak Road, just west of Western Ave (Little Village).
  • Zoned C1‑2 and suited for office, general store, art/gallery, or medical‑related use.
  • Open floor plan with high ceilings and large windows for natural light.

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

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

$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 SF
Avg Space Size

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 - Open-plan retail suite with bathroom, storage, large windows, HVAC, and convenient on-site parking.
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 Cermak Road, just west of Western Ave (Little Village).; Zoned C1‑2 and suited for office, general store, art/gallery, or medical‑related use.; Open floor plan with high ceilings and large windows for natural light.
More about this property
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