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Cermak Plaza 3932-3956 W Cermak Rd 14,305 SF 100% Leased Retail Building Chicago, IL 60623 $6,093,604 CAD ($425.98 CAD/SF) 7.60% Cap Rate

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EXECUTIVE SUMMARY

NNN Investment and great long term tenants mix. 100 % Occupied with 8 tenants. Very visible and busy 6 corner business corridor. Very dense population area with countless car and foot traffic. Built 2007.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
14,305 SF
Building Class
B
Year Built
2007
Price
$6,093,604 CAD
Price Per SF
$425.98 CAD
Cap Rate
7.60%
NOI
$463,114 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.72 AC
Zoning
C1-2 - Neighborhood Commercial District
Parking
34 Spaces (2.38 Spaces per 1,000 SF Leased)
Frontage
250’ on W Cermak Rd

AMENITIES

  • Corner Lot
  • Air Conditioning
Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Food Market La Chiquita
Fifth Third Bank
Citi
Bank of America
US Bank
Byline Bank
PNC Bank
Order Express, Inc.
Old National Bank
Huntington Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-23-317-036-0000
  • 16-23-317-039-0000
  • 16-23-317-041-0000
  • 16-23-317-043-0000
  • 16-23-317-035-0000
  • 16-23-317-037-0000
  • 16-23-317-042-0000
  • 16-23-317-044-0000
  • 16-23-317-038-0000
  • 16-23-317-040-0000
Land Assessment
$147,418 CAD
Improvements Assessment
$256,981 CAD
Total Assessment
$404,398 CAD
  • Listing ID: 35868106

  • Date on Market: 2025-05-14

  • Last Updated:

  • Address: 3932-3956 W Cermak Rd, Chicago, IL 60623

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