Building Details

Year Built 1950

Stories 2

Units 6

Listing Agency: Network Property Managment LLC n***@haleem.net Show Phone

Listed By: Neil Haleem · License #37077037778HN Show Phone

Source: Ozmentrealestate

Added: Dec 14, 2025 Changed: Aug 23 Last Checked: Aug 23 at 6:40AM

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Investment Insights

Based on property information with market context.

Located at 3212-3222 W Cermak Rd in Chicago, IL, this newly renovated property offers leasing opportunities for businesses seeking a modern and versatile commercial space. The property's prime location and highly visible storefront provide an opportunity for retail, office, or restaurant ventures. The spacious interior, high ceilings, and modern design create an inviting atmosphere. Convenient front parking is available for customers. Adaptive floor plan possibilities are available. Retail spaces range in size from 875 to 1,675 square feet, with up to 6,500 square feet of continuous space available. The site is located just off the northwest corner of Cermak Rd and Kedzie Ave in Chicago's South Lawndale Community, which includes part of the Little Village Area. The area is densely populated, with high foot and vehicular traffic. The Cermak Rd and Kedzie Ave corridors form a major commercial district. The site is minutes away from Interstate I-55. South Lawndale is a vibrant community area on Chicago's West Side. Little Village, with Cermak Rd and 26th Street, constitutes the second highest grossing shopping district in Chicago. South Lawndale has seen commercial revitalization along 22nd and 26th Streets, with increasing businesses driving up property values and contributing to economic growth.

Key Highlights

• Prime location on Cermak Rd in the densely populated South Lawndale/Little Village area, a major commercial district.
• Newly renovated, modern commercial space suitable for retail, office, or restaurant use.
• High foot and vehicular traffic, providing excellent visibility and exposure.

Property Analytics

Property Profile

Current Use

Retail space

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

$3.75 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,849

Businesses Nearby

29k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 60% Dining 37% Electronics 3%

BP Shops & Services

16,196 visits/mo 0.1 miles

Dunkin' Donuts Dining

10,845 visits/mo 0.1 miles

Chase Bank Shops & Services

1,189 visits/mo 0.3 miles

Cricket Wireless Authorized Retailer Electronics

939 visits/mo 0.3 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

$25.66 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

9,377 SF

Avg Space Size

This space is priced 3% below the average of $25.66 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Modern, versatile commercial space in a vibrant Chicago location.

Where is this retail space located?

The property is located at 3222 W Cermak Road Chicago, IL.

What is the lease rate?

The lease rate is $25 SF/Yr.

What are key features of this property?

This property features: Prime location on Cermak Rd in the densely populated South Lawndale/Little Village area, a major commercial district.; Newly renovated, modern commercial space suitable for retail, office, or restaurant use.; High foot and vehicular traffic, providing excellent visibility and exposure.