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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 Market286

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: Sep 17 at 12:06PM
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 1,900-square-foot corner retail space occupies a brick commercial building constructed in 1889 and includes central air. The flexible layout is identified for retail, office, showroom, salon or barber, medical, and other commercial applications. Signage opportunities and the corner configuration support a visible storefront presence.

The property is located at 2620 W Cermak Road in Chicago, along a commercial corridor with reported traffic exceeding 15,000 vehicles per day. Nearby businesses include Walmart Neighborhood Market, Dollar Tree, McDonald's, Burger King, Dunkin', T-Mobile, Chase Bank, and Little Caesars, all within a few blocks. The space is zoned COMMR. Lease responsibilities include 15% of property tax and 15% of water; tenants without independent trash service are responsible for 15% of the owner's bill.

Key Highlights

  • 1,900 sq ft corner retail space on Cermak Road
  • Reported traffic of 15,000+ vehicles per day
  • Brick construction with central air; building constructed in 1889

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$26.47 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
8,902 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
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial layout with brick construction, central air, and potential for prominent street-facing signage.
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: 1,900 sq ft corner retail space on Cermak Road; Reported traffic of 15,000+ vehicles per day; Brick construction with central air; building constructed in 1889
More about this property
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