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Corner Retail Space
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2620 W Cermak Road, Chicago, IL 60608

Commercial Lease, Chicago, IL

Space Size1,900 SF
Days on Market260

Property Features for 2620 W Cermak Road

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions From Cermak and Western, westbound on Cermak until 2620 West, north side of the street.
Subdivision CHI - South Lawndale
Standard status Active

Taxes and HOA fees

Tax Year 2023

Utilities

Cooling system Central Air

Building Details

Year built 1889
Floors in Building 2
Building materials Brick
Listing Agency: Open Path Realty
Listed By: Hector Castaneda · License #471005429
Added: Dec 5, 2025 Changed: Aug 19 Last Checked: Aug 22 at 4:06PM
MLS# 12528639

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 corner retail space is positioned along Cermak Road within a commercial corridor serving both vehicle and pedestrian traffic. The suite offers a flexible interior arrangement, central air, brick construction, and opportunities for prominent signage. COMMR zoning supports its commercial positioning, while the 1889 construction date provides established building character.

The property records more than 15,000 vehicles per day and benefits from nearby Walmart Neighborhood Market, Dollar Tree, McDonald's, Burger King, Dunkin', T-Mobile, Chase Bank, and Little Caesars. The surrounding retail mix includes neighborhood-serving businesses and national brands within a few blocks. Tenant responsibility includes 15% of property tax and 15% of water costs; trash service is also tenant responsibility when the tenant does not maintain its own hauling arrangement.

Key Highlights

  • Corner retail space on Cermak Road
  • 15,000+ vehicles per day with pedestrian traffic
  • Nearby Walmart Neighborhood Market, Dollar Tree, McDonald's, Burger King, Dunkin', T‑Mobile, Chase Bank, and Little Caesars

Property Analytics

Current Use

A la carte food ... Grocery & Convenience Store

Suggested Use

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

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

15,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,643
Businesses Nearby
171k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 44% Electronics 4%
Dollar Tree Shops & Services
29,998 visits/mo 0.2 miles
Dunkin' Donuts Dining
15,231 visits/mo 0.4 miles
Speedway Shops & Services
14,019 visits/mo 0.4 miles
Church's Chicken Dining
13,470 visits/mo 0.2 miles
Little Caesars Pizza Dining
13,456 visits/mo 0.0 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

$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 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 - Street-facing commercial suite with central air, signage opportunities, and access to a busy retail corridor.
Where is this retail space located?
The property is located at 2620 W Cermak Road Chicago, IL.
What are key features of this property?
This property features: Corner retail space on Cermak Road; 15,000+ vehicles per day with pedestrian traffic; Nearby Walmart Neighborhood Market, Dollar Tree, McDonald's, Burger King, Dunkin', T‑Mobile, Chase Bank, and Little Caesars
More about this property
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