Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    Cermak Rd Chicago, IL 60616

    Sponsored
    For Lease
    Contact for pricing

    Chicago Strip Center: 3,000+ SF Available

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents a prime location in Chicago's vibrant Cermak Road corridor, offering a vacant space ideal for a variety of businesses. The property, known as Cermak Court, is a multi-tenant strip center situated at a high-traffic location in zip code 60616. A significant 40,504 square feet of contiguous space is currently available, offering flexibility for businesses requiring a substantial footprint. The minimum divisible space is 3,000 square feet, providing an excellent option for businesses seeking a sizable and well-located retail presence. The maximum contiguous space available is also 3,000 square feet, allowing for a single tenant to occupy this significant portion of the center. This presents a unique chance to establish a strong retail presence in a bustling Chicago neighborhood. The property's address is on Cermak Road, providing excellent visibility and accessibility for customers. The geographic coordinates are 41.8505861 latitude and -87.6894074 longitude. This retail space is perfect for businesses seeking high visibility and a strong customer base in a well-established commercial area. Serious inquiries are encouraged to explore this exceptional opportunity.

    Property Features for 0 Cermak Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF

    Unit(s) available at that property

    Space
    Unit 2537
    Size
    3,000 SF

    HighLights

    • 3,000 SF inline retail space available in a busy shopping center.
    • Strong tenant mix including Dollar Tree, O'Reilly Auto Parts, Family Thrift, and a soon‑to‑open Citibank.
    • Located in a vibrant retail corridor with nearby businesses such as Pete's Fresh Market, Planet Fitness, and more.
    • Situated in the Little Village neighborhood, boasting a 71% Hispanic population with a strong customer base of 43,906 people within 1 mile and 167,305 within 2 miles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6894074
    Latitude
    41.8505861

    Nearby Similar for Lease

    • Contact for pricing
      6,970 SF

      Distinctive South Loop Commercial Space

      Versatile commercial space in Chicago's South Loop.
      819 S Wabash Ave, Chicago, IL 60605
      View Details
    • Contact for pricing

      Modern Office Building with Rooftop

      Newly constructed office building with rooftop retreat in Chicago.
      1290 N Clybourn Ave, Chicago, IL 60610
      View Details
    • Contact for pricing

      Prime Retail Space on North Avenue

      High-visibility commercial condo in Wicker Park, Chicago.
      1720 W North Ave, Chicago, IL 60622
      View Details
    • Contact for pricing
      47,916 SF

      Chicago Multifamily Property For Rent

      Multifamily property available for rent in Chicago, Illinois.
      816 W Cullerton St, Chicago, IL 60608
      View Details
    • Contact for pricing
      39,204 SF

      Pulaski Road Retail Opportunity

      Double storefront on highly traveled Pulaski Road. Many possibilities!
      8337 S Pulaski Rd, Chicago, IL 60652
      View Details
    • Contact for pricing

      Remodeled Office Space in Chicago

      Remodeled office space for rent in Chicago's Edison Park.
      6650 N Northwest Hwy, Chicago, IL 60631
      View Details
    • Contact for pricing

      Remodeled Office/Retail Space in Chicago

      Remodeled 800 SF ground floor unit in Edison Park.
      6650 N Northwest Hwy, Chicago, IL 60631
      View Details
    • Contact for pricing
      2,614 SF

      Chicago Office Space For Rent

      1,959 SF office space on Pulaski Rd, Chicago.
      6959 S Pulaski Ave, Chicago, IL 60629
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Newly renovated office space for rent in Chicago.
      3534-3536 W 26Th St, Chicago, IL 60623
      View Details
    • Contact for pricing

      Prime Mixed-Use Building Retail Spaces

      Two commercial spaces in East Rogers Park, Chicago.
      1783-1785 W Howard St, Chicago, IL 60626
      View Details
    • Contact for pricing

      Southport Corridor Retail Space Available

      Bright retail space in Chicago's Southport Corridor, near Blaine Elementary.
      3827 N Southport Ave, Chicago, IL 60613
      View Details
    • Contact for pricing
      7,405 SF

      South Shore Redevelopment Opportunity

      Redevelopment opportunity in high-traffic South Shore community.
      7141 S Jeffery Blvd, Chicago, IL 60649
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Chicago Strip Center: 3,000+ SF Available
    Where is this neighborhood center located?
    The property is located at Cermak Rd Chicago, IL.
    What are key features of this property?
    This property features: 3,000 SF inline retail space available in a busy shopping center.; Strong tenant mix including Dollar Tree, O'Reilly Auto Parts, Family Thrift, and a soon-to-open Citibank.; Located in a vibrant retail corridor with nearby businesses such as Pete's Fresh Market, Planet Fitness, and more.
    Request Owner's contact information
    Cermak Rd Chicago, IL 60616
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Cermak Rd
    Chicago, IL 60616
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Cermak Rd Chicago, IL 60616
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.