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Little Village Retail Space Available
For Lease
$13 SF/Yr

3259 W Cermak Road, Chicago, IL 60623

High-visibility retail space in vibrant Little Village business corridor.

Space SizeContact for details
Days on Market155

Property Features for 3259 W Cermak Road

General Information

Standard status Active
Property subtype COMMERCIAL

Taxes and HOA fees

Annual Taxes $11,702

Building Details

Year Built 1926
Listing Agency: Realty of America, LLC
Listed By: Oscar Torres
Source: Dawnmckennagroup
Added: Mar 23 Changed: Aug 23 Last Checked: Aug 22 at 7:06AM

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 available for lease in the Little Village neighborhood of Chicago, a high-traffic business area. The property is located a short distance from Pilsen and downtown Chicago, offering exposure to both foot and vehicle traffic. The space is offered as-is and is priced below market value, presenting an opportunity for customization. The interior can be designed and renovated to match a specific aesthetic, with the potential for lower monthly overhead compared to neighborhood averages. Parking and basement storage options may be available for an additional fee. This property is intended for retail use.

Key Highlights

  • High‑visibility location in the heart of Little Village, a vibrant and high‑traffic business corridor.
  • Below‑market pricing offers an affordable lease rate.
  • Blank canvas space allows for a custom build‑out and interior design tailored to the brand.

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
$1.95 /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

$25.66 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,377 SF
Avg Space Size

This space is priced 49% 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility retail space in vibrant Little Village business corridor.
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 SF/Yr.
What are key features of this property?
This property features: High‑visibility location in the heart of Little Village, a vibrant and high‑traffic business corridor.; Below‑market pricing offers an affordable lease rate.; Blank canvas space allows for a custom build‑out and interior design tailored to the brand.
More about this property
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