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    900 Cermak Rd Chicago, IL 60608

    For Lease
    $9 SF/Yr

    Pilsen Manufacturing/Flex/Warehouse Space Available

    Lot size:
    94,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial property, located at 900 W Cermak Rd in Chicago's vibrant Pilsen submarket, offers a unique opportunity for businesses seeking flexible and adaptable space. The property encompasses a total of 94,700 square feet across four suites, with a variety of sizes available to suit diverse operational needs. Units range from a minimum of 5,500 square feet to a maximum contiguous space of 16,300 square feet, providing flexibility for both small and large-scale operations. Currently, 44,453 square feet is available for lease. Built in 1920 and situated on 1.42 acres of land, this two-story building features five loading docks, five dock-high doors, and one drive-in door, ensuring efficient loading and unloading capabilities. Ample parking is provided with 13 total spaces. The property boasts robust power capabilities with 1,200 amps of 3-phase power. Its strategic location, just two blocks from the Dan Ryan Expressway, offers unparalleled access to major transportation arteries, facilitating seamless logistics and distribution. The property is zoned C3-2 and its Cook County APN is 17-20-444-002-0000. This versatile property is ideal for manufacturing, flex, and warehouse operations, offering a blend of functionality and prime location within a thriving Chicago neighborhood. Contact us today to explore leasing options and discover how this space can benefit your business.

    Property Features for 900 Cermak Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    94,700 SF
    Total Rate
    71025

    Building Details

    Year Built
    1920
    Stories
    2

    Unit(s) available at that property

    Space
    Unit B1E
    Size
    5,590 SF
    Rate per SF
    $30
    Space
    Unit B3W
    Size
    9,731 SF
    Rate per SF
    $24
    Space
    Unit B4
    Size
    16,300 SF
    Rate per SF
    $9
    Space
    Unit B3E
    Size
    12,832 SF
    Rate per SF
    $36

    HighLights

    • Near‑new freezer and cooler potentially included.
    • Ideal for food production or repackaging businesses.
    • Strong management team focused on credit‑worthy tenants.
    • Attractive warehouse with ample parking.
    • High ceilings exceeding submarket standards.
    • Convenient dock and door access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6484788
    Latitude
    41.8528388

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    FAQs

    What type of property is this?
    Distribution property - Pilsen Manufacturing/Flex/Warehouse Space Available
    Where is this distribution property located?
    The property is located at 900 Cermak Rd Chicago, IL.
    What is the lease rate?
    The lease rate is $9-$36 SF/Yr.
    What are key features of this property?
    This property features: Near-new freezer and cooler potentially included.; Ideal for food production or repackaging businesses.; Strong management team focused on credit-worthy tenants.
    Request Owner's contact information
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    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
    900 Cermak Rd Chicago, IL 60608
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