New Construction Storefront on
For Lease
$22 SF/Yr
3001 W CERMAK Road, Chicago, IL 60623
Flexible retail/office space in high-traffic location, parking garage included.
Space SizeContact for details
Days on Market316
Property Features for 3001 W CERMAK Road
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$11,585
Amenities
Central air
Central Air Cooling
Central Individual Cooling
Building Details
Year Built
2025
Listing Agency:
FIRST WESTERN PROPERTIES
(773) 545-2000
Listed By:
PAUL TSAKIRIS · License #471005153
Source:
Corcoran
Added: Sep 29, 2025
Changed: Aug 9
Last Checked: Aug 9 at 8:54AM
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 FIRST WESTERN PROPERTIES
Investment Insights
Based on property information with market context.
This brand new construction storefront offers flexible retail or office space on Cermak Road, near California Avenue. The location benefits from high traffic and is situated in a growing area. It is located one block from the CTA Pink Line and multiple bus routes. The space can accommodate a variety of businesses, including retail and professional services, and includes a parking garage. New apartments are also available, including one with a 2,000 square foot deck suitable for business events. The expected delivery date is November 2025.
Key Highlights
- Brand new construction storefront in a high‑traffic location on Cermak (22nd Street).
- Flexible retail/office space suitable for various businesses.
- Includes a parking garage.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,204
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 40%
BP
Shops & Services
16,196 visits/mo
0.5 miles
Dunkin' Donuts
Dining
10,845 visits/mo
0.5 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
$26.48 /SF/Yr
Avg Asking Price
$0.92–$133 /SF/Yr
Price Range
3,957 SF
Avg Space Size
This space is priced 17% below the average of $26.48 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- Campo Santo — 2901 W Cermak Rd, Chicago, IL 60623
- Albany Florist — 2558 S Albany Ave, Chicago, IL 60623
- Jesse's Flowers & Balloon — 2625 S Central Park Ave, Chicago, IL 60623
- Dionicio Flower Shop — 2242 S Kedzie Ave, Chicago, IL 60623
- Floreria Giselle's Bíenvenidos — 2691 S St Louis Ave, Chicago, IL 60623
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible retail/office space in high-traffic location, parking garage included.
Where is this storefront property located?
The property is located at 3001 W CERMAK Road Chicago, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Brand new construction storefront in a high‑traffic location on Cermak (22nd Street).; Flexible retail/office space suitable for various businesses.; Includes a parking garage.
