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Mixed-Use Building with Commercial Space
New
For Sale
$375,000

2915 W Cermak Road, Chicago, IL 60623

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market2

Property Features for 2915 W Cermak Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning OFFIC
Directions California to Cermak , West to 2915
Subdivision CHI - South Lawndale
Standard status Active
APN 16251040002000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 8237

Utilities

Cooling system Central Air

Building Details

Year built 1913
Floors in Building 1
Number of units 2
Building materials Brick
Listing Agency: Real Broker LLC
Listed By: David Mishel · License #475159283
Added: Aug 27 Last Checked: Aug 28 at 9:06PM
MLS# 12744369

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 mixed-use property includes an occupied commercial space with 14-foot ceilings and an occupied one-bedroom, one-bathroom apartment. The commercial portion received new paint, a bathroom, LED lighting, front tempered-glass windows, rear tuckpointing, and furnace servicing. Apartment improvements include paint, hardwood flooring, plumbing, bathroom fixtures, appliances, and a kitchen sink. The property has 1.5 total bathrooms, central air, brick construction, and was built in 1913.

A half basement provides approximately 400 square feet of unfinished storage area. The commercial lease runs through 01/2028, while the apartment lease ends 08/2026. The 0.0661-acre property is zoned OFFIC and does not include parking.

Key Highlights

  • Occupied commercial space with 14 ft ceilings
  • One‑bedroom, one‑bathroom apartment with updated flooring, plumbing, fixtures, and appliances
  • Commercial area improved with LED lighting, tempered‑glass windows, tuckpointing, and a serviced furnace

Property Analytics

Current Use

Dr Khalid & Associates Dental Office LORIN ARCHITECTURE GROUP Architecture Firm Bautista Antonio MD Physician Khalid Carl M ... Dental Office Ng Wayne DDS Dental Office

Suggested Use

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

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,786
Businesses Nearby
58k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Shops & Services 36% Electronics 3%
BP Shops & Services
16,196 visits/mo 0.2 miles
Church's Chicken Dining
13,470 visits/mo 0.3 miles
Dunkin' Donuts Dining
10,845 visits/mo 0.2 miles
Panda Express Dining
9,349 visits/mo 0.5 miles
U.S. Bank Shops & Services
3,754 visits/mo 0.2 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

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 - Brick property combines an occupied commercial space with a renovated one-bedroom apartment.
Where is this mixed-use property located?
The property is located at 2915 W Cermak Road Chicago, IL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Occupied commercial space with 14 ft ceilings; One‑bedroom, one‑bathroom apartment with updated flooring, plumbing, fixtures, and appliances; Commercial area improved with LED lighting, tempered‑glass windows, tuckpointing, and a serviced furnace
More about this property
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