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Retail Space with Build-Out Flexibility
For Lease
$13.20 SF/Yr

3259 W Cermak Road, Chicago, IL 60623

As-is interiors allow a tenant to plan a custom build-out for its business.

Space SizeContact for details
Days on Market153

Property Features for 3259 W Cermak Road

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $11,702

Building Details

Year Built 1926
Stories 1
Units 1
Listing Agency: Realty of America, LLC
Listed By: Oscar Torres
Source: Cavanaghrealty
Added: Mar 23 Changed: Aug 18 Last Checked: Aug 22 at 2:24PM

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 Realty of America, LLC

Investment Insights

Based on property information with market context.

This retail space is offered for lease in as-is condition, providing an open starting point for a tenant’s planned interior improvements. The property measures 2,000 and was built in 1926.

The address places the space along West Cermak Road in Chicago’s Little Village area, with proximity to Pilsen and downtown Chicago. Parking and basement storage may be available separately, subject to additional terms.

Key Highlights

  • 2,000 of retail space available for lease
  • As‑is condition supports a tenant‑planned interior build‑out
  • Located at 3259 W Cermak Road in Chicago, IL 60623

Property Analytics

Current Use

Retail space

Suggested Use

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

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
$1.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,849
Businesses Nearby
29k
Monthly Visits Nearby

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

$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size

This space is priced 49% below the average of $25.9 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - As-is interiors allow a tenant to plan a custom build-out for its business.
Where is this retail space located?
The property is located at 3259 W Cermak Road Chicago, IL.
What is the lease rate?
The lease rate is $13.20 SF/Yr.
What are key features of this property?
This property features: 2,000 of retail space available for lease; As‑is condition supports a tenant‑planned interior build‑out; Located at 3259 W Cermak Road in Chicago, IL 60623
More about this property
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