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Retail Space on Cermak Road
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7046 Cermak Rd, Berwyn, IL

Retail space available on a major thoroughfare near regional mall.

Space Size1,100 SF
Lot Size0.07 Acres
Days on Market924

Property Features for 7046 Cermak Rd

General Information

Standard status Active
Size 1,100 SF
Lot size 0.07 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 7046 Cermak Rd
7046 Cermak Rd $37/SF/Yr
Floor 1
Size 1,100 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Located on the major east/west thoroughfare of Cermak Rd. serving Berwyn, Cicero and North - Riverside communities - 24/7 retail trade area driven by the North Riverside -Park Mall. - A 1.1 million Sq Ft regional mall with 15 million shoppers annually - Features national co-tenancy, ease of parking, high visibility and pylon signage
Contact us
Listing Agency: Bern Realty LLC
Listed By: Drew B. Krisco
Source: Moodyscre
Added: Mar 26, 2024 Changed: Sep 10 Last Checked: Oct 4 at 12:58PM

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 Bern Realty LLC

Investment Insights

Based on property information with market context.

This retail space is located on Cermak Road, a major east-west thoroughfare serving the communities of Berwyn, Cicero, and North Riverside. The property benefits from a 24/7 retail trade area driven by the North Riverside Park Mall, a 1.1 million square foot regional mall attracting approximately 15 million shoppers annually. Features of the property include national co-tenancy, ease of parking, high visibility, and pylon signage. The property has a size of 1100 square feet.

Key Highlights

  • Located on Cermak Rd., a major east/west thoroughfare.
  • 24/7 retail trade area.
  • Driven by the North Riverside Park Mall.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Law Firm Restaurant Auto Repair Shop

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
$5.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,486
Businesses Nearby
719k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 23% Dining 20% Apparel 20% Superstores 19%
Costco Wholesale Superstores
140,239 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
73,973 visits/mo 0.4 miles
Kohl's Apparel
70,646 visits/mo 0.2 miles
Costco Gasoline Shops & Services
67,409 visits/mo 0.4 miles
Burlington Apparel
58,347 visits/mo 0.2 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available on a major thoroughfare near regional mall.
Where is this retail space located?
The property is located at 7046 Cermak Rd Berwyn, IL.
What is the lease rate?
The lease rate is $37 SF/Yr.
What are key features of this property?
This property features: Located on Cermak Rd., a major east/west thoroughfare.; 24/7 retail trade area.; Driven by the North Riverside Park Mall.
(708) 771-7600 Call to check price and availability
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