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HIGHLIGHTS
- Prime Pilsen location surrounded by cultural landmarks, murals, and thriving local businesses in a vibrant community hub.
- Excellent transit access with multiple CTA bus routes plus Pink Line Damen Station just a short walk for seamless connectivity.
- Valuable premium in dense Pilsen with six exclusive, private parking spaces offering convenience for tenants and visitors.
- High visibility on Cermak Rd with ~20,996 ADT, directly across from long-standing Walgreens anchor driving daily foot traffic.
- 4,000 SF main level with reception, 7 private offices, collaborative workspace, full kitchen, restrooms, storage, and more.
- Tenant-ready layout with private baths, full kitchen, high-clearance zones, and finished lower level minimizing build-out costs.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 20 - 60 People
- 7 Private Offices
- 1 Conference Room
- Space is in Excellent Condition
- Central Air and Heating
- Reception Area
- Private Restrooms
- Security System
- High Ceilings
- After Hours HVAC Available
- Bicycle Storage
- Basement
- Open-Plan
- Smoke Detector
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 1902 W CERMAK RD, CHICAGO, IL 60608
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Icare Optical LLC
- Health Care and Social Assistance
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Icare Optical LLC | Health Care and Social Assistance | 1 | - |
PROPERTY FACTS
| Total Space Available | 6,400 SF | Gross Leasable Area | 6,400 SF |
| Property Type | Retail | Year Built | 1887 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.94/1,000 SF |
| Total Space Available | 6,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 6,400 SF |
| Year Built | 1887 |
| Parking Ratio | 0.94/1,000 SF |
ABOUT THE PROPERTY
PROFESSIONAL COMMERCIAL LEASING OVERVIEW 6,400 SF Office/Retail – 1902 W Cermak Rd, Chicago, IL 60608 (Pilsen) EXCEPTIONAL SUBMARKET & LOCATION OVERVIEW Dynamic Pilsen Submarket. Positioned in the heart of Pilsen—a vibrant and evolving West Side community celebrated for its cultural richness, mural-adorned streetscapes, and growing creative economy—this property capitalizes on both local allure and mainstream momentum. The presence of a long-standing Walgreens directly across the street (serving the neighborhood for nearly 40 years) further underscores the location’s enduring visibility and established foot traffic. TRAFFIC & EXPOSURE Cermak Road accommodates an Average Daily Traffic (ADT) volume of approximately 20,996 vehicles per weekday, reflecting robust vehicular flow and high exposure, ideal for retail and service-oriented occupiers. TRANSIT ACCESSIBILITY CTA Bus Access: Multiple bus routes—including Route 21 (Cermak–South)—serve the corridor, delivering consistent and convenient access for both commuters and patrons. The 31st (Pilsen-bound) route also provides key localized connectivity. Proximity to CTA Rail: A short walk grants access to the Pink Line via Damen Station, facilitating swift downtown and cross-city access—a compelling draw for tenants and employees. NEARBY CULTURAL AND COMMERCIAL ANCHORS Situated steps from Pilsen’s mural corridor, the National Museum of Mexican Art, and vibrant local businesses, the property benefits from continuous cultural and neighborhood activity. Walgreens across the street provides legacy brand support and daily customer footfall. PROPERTY & SPACE FEATURES – 6,400 SF Main Level – 4,000 SF. This versatile 4,000 SF offering is tailored for both office and retail configurations and is thoughtfully outfitted with premium amenities. The reception and entry present an open and inviting area at the entrance—ideal for seamless customer or client greeting. There are seven private offices in total, including one with an in-suite private bathroom and one featuring an internal sink for convenience. A large front office measuring 15' × 12' provides expansive windows overlooking 18th Street—well-suited for branding and visibility. The largest office, at 15' × 20', is ideal for executive use, a boardroom, or a creative studio. A collaborative workspace measuring 26' × 12' serves as an open cubicle zone; the existing drop-down ceilings offer the option to remove and expose approximately 10-ft ceiling height, enhancing spatial openness. Support and amenity spaces include a full commercial-style kitchen equipped with a stove hood, tall refrigerator, double sinks, generous prep surfaces, and abundant shelving—suitable for food support, a breakroom, or hybrid retail prep. Two common-area restrooms support staff and public use, and a dedicated private storage room adds practical utility. Lower Level – 2,400 SF (Finished). The fully finished lower level comprises approximately 2,400 SF with tile flooring and additional bathrooms, making it ideal for back-office functions, creative studios, or staff break areas. Parking and Convenience: Six exclusive, private parking spaces provide a valuable premium in Pilsen’s dense urban context. STRATEGIC POSITIONING: WHY THIS PROPERTY STANDS OUT Maximized Exposure & Accessibility: With approximately 21,000 vehicles passing daily along Cermak Road, combined with strong CTA bus and rail access, the location benefits from exceptional visibility and consistent commuter and neighbor traffic. Established Local Anchor: Walgreens across the street delivers both trust and daily foot traffic, enhancing brand familiarity for incoming tenants. Cultural and Creative Momentum: Pilsen’s rapid revitalization, cultural appeal, and influx of national and creative tenants reinforce the neighborhood’s retail and office desirability. Functional, Tenant-Ready Layout: The current configuration’s flexibility—including kitchen, private baths, high-clearance zones, and a finished lower level—drastically reduces landlord improvement costs and speeds leasing timelines. EXECUTIVE OFFERING SUMMARY Offered for Lease: 4,000 SF Office/Retail at 1902 W Cermak Rd, Chicago, IL (Pilsen). Discover a uniquely positioned, high-exposure commercial space located on a Cermak Road segment with approximately 20,996 ADT, adjacent to a trusted Walgreens institution, and enriched by cultural foot traffic and transit convenience (CTA bus plus Pink Line). This thoughtfully laid-out 4,000 SF asset features a reception area, seven private offices (including those with private fixtures), an open collaborative zone with high-ceiling potential, a full kitchen, private storage, two common bathrooms, a fully finished lower level (2,400 SF), and six exclusive parking spaces. Ideal for boutique office users, retail operators, creative services, wellness studios, or hybrid enterprises seeking a turnkey urban storefront with functional versatility and submarket credibility. FOR ADDITIONAL INFORMATION OR TO ARRANGE A TOUR, PLEASE CONTACT Manny Regalado Senior Director | KW Commercial Office 312.216.2422 | Mobile 312.730.2029 mregalado@kwcommercial.com 2211 N Elston Ave, Suite 400 Chicago, IL 60614
NEARBY MAJOR RETAILERS
Contact the Leasing Agent
1902 W Cermak Rd



