2833 W Cermak Road Chicago, IL 60623

Building Details

Year Built

1906

Listing agency CENTURY 21 S.G.R., INC. m***@myranim.com Show Phone

Listed by MYRA NIMCHAIYONG

Source Corcoran

Added: Jun 10, 2025 Updated: Jul 6 at 8:07AM Checked: Jul 21 at 4:57AM

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Investment Insights

Based on property information with market context.

This expansive 6,000 square foot retail space is located in Chicago's Little Village neighborhood. Situated on Cermak Road, the site benefits from high traffic, with over 28,000 vehicles per day. The space can be divided into two 3,000 SF spaces. The property is suitable for retail, showroom, or service uses, and features an open layout, high ceilings, and large storefront windows. The location benefits from a dense urban population, with over 50,000 residents within a 1-mile radius. Annual consumer spending in the immediate trade area surpasses $470 million, driven by demand for food, apparel, personal care, and general retail. The property is conveniently situated near public transit and major expressways including I-55 and I-290. The zoning is B3-2.

Key Highlights

• High‑traffic location on Cermak Road with 28,000+ vehicles per day, providing outstanding visibility.
• Expansive 6,000 SF retail space, divisible into two 3,000 SF spaces for flexible use.
• Located in a densely populated area with over 50,000 residents within a 1‑mile radius.

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FAQs

What type of property is this?

Retail space - 6,000 SF retail space in Little Village neighborhood.

Where is this retail space located?

The property is located at 2833 W Cermak Road Chicago, IL.

What is the lease rate?

The lease rate is $8 SF/Yr.

What are key features of this property?

This property features: High‑traffic location on Cermak Road with 28,000+ vehicles per day, providing outstanding visibility.; Expansive 6,000 SF retail space, divisible into two 3,000 SF spaces for flexible use.; Located in a densely populated area with over 50,000 residents within a 1‑mile radius.