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$749,900
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Property Description
La Villita/Little Village North Lawndale Neighborhood - Commercial Corridor one of the highest grossing shopping districts in the City. Rarely available, great opportunity to be your own boss & own your own well establish family owned bakery business located on a hi traffic area. Commercial Store front building, Large Bakery goods display area, register & check out station with prep & bakery area in the rear, all equipment is included in sale. Small office and full finished basement with additional storage space and employee restroom, GFA - approximately 8 years old, Roof - 2011. 2-4 Car Parking space available in the rear. Property Sold "AS IS". Please do not disturb employees.
Full Property Details
Full Property Details for 2702 W Cermak Rd
General
- Price: $749,900
- Taxes: $11,702 (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12632244
- Updated: 7/29/2026
- Added to Site: 28 day(s) ago
Business
- Business Type: Food & Beverage
- Years in Business: 11 or More
- Seating Capacity: None
Location
- Area: CHI - South Lawndale
- County: Cook
- Driving Directions: Western North or South to Cermak Rd (22nd Street) West to 2702 property located on North side of street
- Location Details: Central Business District, Mixed-Use Area, Public Transport Avail, Freestanding/Urban, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 3,080
- Current Bldg. Use: Commercial, Other
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Potential Use: Commercial, Retail
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $11,702.86
- Tax Year: 2024
- Tenant Pays: All Utilities
Disclosures and Reports
- Ownership: Corporation
- Property ID: 16244220440000
Listed by Acevedo Realty Group
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Schools
Schools serving 2702 W Cermak Rd
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hammond Elementary School 2819 West 21st Place, Chicago, IL 60623 | PK-8 | 0.2 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2702 W Cermak Rd
Date
Details
Price
Change
Source
7/23/2026
Listed
$749,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2702 W Cermak Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,120
—
$58,250
35%
2023
$9,120
3%
$43,224
—
2022
$8,890
2%
$43,224
—
2021
$8,692
2%
$43,224
13%
2020
$8,554
11%
$38,400
—
2019
$7,715
2%
$38,400
—
2018
$7,585
-14%
$38,400
-6%
2017
$8,783
7%
$40,800
—
2016
$8,172
9%
$40,800
—
2015
$7,476
-1%
$40,800
—
2014
$7,570
2%
$40,800
—
2013
$7,421
1%
$40,800
—
2012
$7,321
—
$40,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2702 W Cermak Rd
2702 W Cermak Road, Chicago, IL 60608 (MLS# 12632244) is a Business property. 2702 W Cermak Road is currently listed for $749,900 and was received on July 23, 2026. Want to learn more about 2702 W Cermak Road? Do you have questions about finding other Business real estate for sale in South Lawndale? You can browse all South Lawndale real estate or contact a Coldwell Banker agent to request more information.

