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Renovated Mixed-Use Building
For Sale
Contact for pricing
Pending

3615 W Cermak Rd, Chicago, IL 60623

Commercial space and a second-floor apartment share a comprehensively updated building with dedicated heating and central air.

Property SizeContact for details
Days on Market145

Property Features for 3615 W Cermak Rd

General Information

Standard status Pending
Property subtype Retail, Mixed Use

Amenities

Tall Ceilings
New Hardwood Floors
Central Air
Large Expensive Commercial Windows
Elevator Lift to the Commercial Space
New Rubber Roof
Blown in Foam Insulation
Beautiful Modern Kitchen with Quartz Counter Tops
Stainless Steel Appliances
Electrical High End Fireplace
Granite Window Sills
In Unit Front Loading Washer & Dryer
Secured Backyard with New Fence
Concrete Walk Ways
Secure Steel Sliding Double Door Gate
Steel Back Staircase
Listing Agency: Keller Williams ONE Chicago
Listed By: Greg Viti · License #IL 477122100
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 10:42PM

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 Keller Williams ONE Chicago

Investment Insights

Based on property information with market context.

This mixed-use property combines commercial space with a second-floor apartment following a complete gut renovation. The building includes new structural steel throughout, tall ceilings, new hardwood floors, large commercial windows, and an elevator lift serving the commercial area. Separate GFA and central air are provided, along with a new rubber roof and blown-in foam insulation.

The apartment features a modern kitchen with quartz countertops, stainless steel appliances, an electric fireplace, granite window sills, and an in-unit front-loading washer and dryer. Exterior improvements include a secured backyard, new fencing, concrete walkways, a secure steel sliding double gate, and a steel rear staircase.

Key Highlights

  • Complete gut renovation with new structural steel throughout
  • Elevator lift serving the commercial space
  • Tall ceilings, hardwood floors, and large commercial windows

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith Nursing Home Veterinary 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.

Location Intelligence

Trade Area within ½ mile

2,204
Businesses Nearby
27k
Monthly Visits Nearby

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

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?
Mixed-use property - Commercial space and a second-floor apartment share a comprehensively updated building with dedicated heating and central air.
Where is this mixed-use property located?
The property is located at 3615 W Cermak Rd Chicago, IL.
What are key features of this property?
This property features: Complete gut renovation with new structural steel throughout; Elevator lift serving the commercial space; Tall ceilings, hardwood floors, and large commercial windows
More about this property
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