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Mixed-Use Property with Basement
New
For Lease
$1,800/Mo

2733 W cermak Road, Chicago, IL 60608

Retail and office space are available, along with a partial basement for storage.

Space Size1,000 SF
Days on Market3

Property Features for 2733 W cermak Road

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Property subtype COMMERCIAL
Zoning B3-2

Additional Details

Available Space 1,000 SF

Building Details

Year Built 1950
Listing Agency: iProperties
Listed By: Sunny Seon Kim · License #471003367
Source: Harkinsandassociates
Added: Oct 11 Changed: Oct 13 Last Checked: Oct 13 at 2:16AM

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 iProperties

Investment Insights

Based on property information with market context.

This mixed-use property at 2733 W Cermak Road offers 1,000 square feet of available space for retail or office use. A partial basement provides additional area for storage. The property is zoned B3-2 and was built in 1950.

Key Highlights

  • 1,000 square feet available for retail or office use
  • Partial basement offers additional storage space
  • Zoned B3‑2

Property Analytics

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Current Use

Rapid & PCR Testing ... Medical Laboratory

Suggested Use

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

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
$3.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,802
Businesses Nearby
133k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Dining 46% Electronics 1%
Dollar Tree Shops & Services
29,998 visits/mo 0.3 miles
Church's Chicken Dining
13,470 visits/mo 0.0 miles
Little Caesars Pizza Dining
13,456 visits/mo 0.2 miles
BP Shops & Services
13,154 visits/mo 0.5 miles
Burger King Dining
11,075 visits/mo 0.4 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
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$26.43 /SF/Yr
Avg Asking Price
$10–$52 /SF/Yr
Price Range
40,477 SF
Avg Space Size

This space is priced 18% below the average of $26.43 /SF/Yr.

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?
Mixed-use property - Retail and office space are available, along with a partial basement for storage.
Where is this mixed-use property located?
The property is located at 2733 W cermak Road Chicago, IL.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 1,000 square feet available for retail or office use; Partial basement offers additional storage space; Zoned B3‑2
More about this property
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