Mixed-Use Property with Retail
For Sale
Contact for pricing
2806 W Cermak Rd, Chicago, IL 60623
Combined retail and residential configuration along a commercial corridor with B3-2 zoning.
Property SizeContact for details
Days on Market143
Property Features for 2806 W Cermak Rd
General Information
Standard status
Active
Property subtype
Mixed Use
Zoning
B3-2
Additional Details
Road Access
Yes
Multifamily Units
5
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Daniel Hyman · License #IL 471.013658x
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 6:06PM
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 Millennium Properties R/E
Investment Insights
Based on property information with market context.
This mixed-use property combines nearly 15,000 sq ft of first-floor retail space with five residential units totaling an additional 5,400 sq ft. The building program supports a substantial commercial component alongside income-producing residential space.
The property occupies two double lots and one single lot assembled contiguously along West Cermak Road, next to South California Avenue. B3-2 zoning and placement within a community shopping district provide a commercial setting for the existing retail component and residential units.
The property occupies two double lots and one single lot assembled contiguously along West Cermak Road, next to South California Avenue. B3-2 zoning and placement within a community shopping district provide a commercial setting for the existing retail component and residential units.
Key Highlights
- Nearly 15,000 sq ft of first‑floor retail space
- Five residential units adding 5,400 sq ft
- Two double and one single contiguous lots
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,802
Businesses Nearby
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined retail and residential configuration along a commercial corridor with B3-2 zoning.
Where is this mixed-use property located?
The property is located at 2806 W Cermak Rd Chicago, IL.
What are key features of this property?
This property features: Nearly 15,000 sq ft of first‑floor retail space; Five residential units adding 5,400 sq ft; Two double and one single contiguous lots
