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2833 W Cermak Road, Chicago, IL 60623

Commercial Lease, Chicago, IL

Space Size3,000 SF - 6,000 SF
Days on Market3

Property Features for 2833 W Cermak Road

General Information

Property type Commercial Lease
Property subtype Retail
Directions On Cermak west of California on the south side of the street
Subdivision CHI - South Lawndale
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6541

Amenities

flexible open layout
high ceilings
large storefront windows

Building Details

Year built 1906
Floors in Building 2
Listing Agency: Real Broker LLC
Listed By: Adam Zagata
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 3 at 1:06AM
MLS# 12748476

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 6,000-square-foot retail space offers an open interior that can be operated as one premises or separated into two 3,000 SF suites. High ceilings and expansive storefront windows support merchandise presentation and bring natural light into the space. The property dates to 1906 and carries B3-2 zoning.

Located on Cermak Road in Chicago’s Little Village neighborhood, the site records over 28,000 vehicles per day and is positioned near public transit. Access to I-55 and I-290 adds regional connectivity. More than 50,000 residents live within a 1-mile radius, providing a substantial nearby customer base for retail, showroom, and service-oriented operations.

Key Highlights

  • 6,000 square feet of retail space
  • Can be divided into two 3,000 SF spaces
  • B3‑2 zoning supports the commercial setting

Property Analytics

Current Use

ParkChicago #366616 Parking Lot & Garage Maria's Fashions Clothing Store

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic 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

28,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,700
Businesses Nearby
108k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Dining 45% Electronics 2%
Dollar Tree Shops & Services
29,998 visits/mo 0.5 miles
BP Shops & Services
16,196 visits/mo 0.4 miles
Church's Chicken Dining
13,470 visits/mo 0.1 miles
Little Caesars Pizza Dining
13,456 visits/mo 0.4 miles
Dunkin' Donuts Dining
10,845 visits/mo 0.4 miles

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

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 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 - Open-plan retail space with adaptable configuration, high ceilings, and broad storefront glazing for merchandising and customer access.
Where is this retail space located?
The property is located at 2833 W Cermak Road Chicago, IL.
What are key features of this property?
This property features: 6,000 square feet of retail space; Can be divided into two 3,000 SF spaces; B3‑2 zoning supports the commercial setting
More about this property
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