2622 Cermak RdChicago, IL 60608

Property Details for 2622 Cermak Rd

Year built

1889

Lot size

0.15 AC

Property size (Sq ft)

3,200 SF

Property type

Retail residential properties

APN

16-24-424-040

APU

1624424040

Description

This exceptional 1500-square-foot vacant storefront on Cermak Road presents a unique opportunity for a variety of businesses. The space is ideally suited for creative office use, a retail establishment, or a combination of both, offering a flexible layout adaptable to diverse needs. The property features two bathrooms and central air conditioning and heating, ensuring year-round comfort. Its prime location on a busy commercial corridor guarantees high visibility and significant foot traffic, further enhanced by its proximity to Pete's Fresh Market. The storefront enjoys excellent street visibility, making it an ideal location for attracting customers. Potential uses include, but are not limited to, a convenient store, hair salon, recording studio, coffee shop, bakery, medical office, live/work space, or traditional office. The base rent is $1800 per month. For multi-year leases, tenants are responsible for approximately $300 per month in additional costs, covering 10% of property taxes, water, and trash. This represents a compelling investment opportunity in a thriving commercial area. The property's versatility and prominent location make it an exceptional choice for businesses seeking high visibility and a strong customer base.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8522

Longitude

-87.6915

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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