118 N. Jefferson — Lease in Chicago, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Chicago, IL 60661
  • Size: 7,707 SF

Description

West Block between West Randolph Street and West Washington Boulevard At the base Of a 26-Story, Mixed-Use Development Consisting Of A Hampton Inn And Homewood Suites Hotels, Totaling 336 Keys Frontage: 110 FT 10 IN on North Jefferson Street - Outdoor Seating Area Neighbors: Avec, Bin 36, Blackbird, Blaze Pizza, Freshii, CH Distillery, Grace, Le Pain Quotidien, Naf Naf Grill, Potbelly Sandwich Shop, Proxi, Salero, Sepia and Starbucks Valet and self-park available

Market Context

This retail in Chicago, IL is listed for lease across 7,707 SF. It has been on the market for 53 days. Compare it against other retail listings for lease in Chicago, IL — view the full market.

As of Q1 2026, the Chicago retail market showed average asking rents near $22.27/SF/yr, and cap rates around 8.2%. Source: multiple brokerage reports, Q1 2026.

Retail market FAQ

What is the typical cap rate for retail in Chicago?
About 8.2% as of Q1 2026, per multiple brokerage reports.

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