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Transit-Adjacent Retail Storefront
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3215 W CERMAK Road, Chicago, IL 60623

Flexible retail and office space with basement storage near CTA rail and bus service.

Space SizeContact for details
Days on Market319

Property Features for 3215 W CERMAK Road

General Information

Standard status Active
Total Parking Spaces 2
Zoning COMMR

Additional Details

Space Use Office
Public Transit Yes

Taxes and HOA fees

Annual Taxes $11,585

Amenities

basement for additional storage and use

Building Details

Year Built 1898
Stories 4
Units 8
Listing Agency: First Western Properties
Listed By: Paul Tsakiris · License #471005153
Source: Midwestrealestate
Added: Sep 29, 2025 Changed: Aug 12 Last Checked: Aug 12 at 1:04PM

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 retail storefront at 3215 W Cermak Road in Chicago offers a flexible setting for retail or professional-service use. The property includes basement space that can support storage or additional business functions, and two parking spots may be made available. Built in 1898, the building is zoned COMMR.

The property sits at the Cermak and Kedzie intersection, one block from the CTA Pink Line and near multiple bus routes. Its placement along a high-traffic corridor provides direct access to established transit connections and the surrounding Chicago market.

Key Highlights

  • Retail and office storefront at 3215 W Cermak Road
  • Basement space available for storage or additional use
  • One block from the CTA Pink Line

Property Analytics

Current Use

Optical 20 20 Ophthalmologist

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Hotel & Motel Skin Care Clinic Nursing Home

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,919
Businesses Nearby
Balanced
Demand for This Use

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

$27.2 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
4,071 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Flexible retail and office space with basement storage near CTA rail and bus service.
Where is this storefront property located?
The property is located at 3215 W CERMAK Road Chicago, IL.
What are key features of this property?
This property features: Retail and office storefront at 3215 W Cermak Road; Basement space available for storage or additional use; One block from the CTA Pink Line
More about this property
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