156th & LaGrange — Lease in Orland Park, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Orland Park, IL 60462
Photos
![156th & LaGrange — Lease in Orland Park, IL, photo 5 of 5](https://res.cloudinary.com/marketsphere/image/upload/f_avif,dpr_auto,w_400,q_auto/t_main_us/c_scale,h_234,w_181/djl8axdon9um85t4vhcw.png"))
Description
High visibility site (37,400 VPD) featuring monument signage at the signalized intersection of 156th St & LaGrange Rd
Market Context
This retail in Orland Park, IL is listed for lease. Compare it against other retail listings for lease in Orland Park, IL — view the full market.
As of Q4 2025, the Chicago retail market showed a 5.1% vacancy rate, average asking rents near $19.00/SF/yr, rents up 2.4% year over year, and cap rates around 7.9%. Source: multiple brokerage reports, Q4 2025.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Retail market FAQ
- What is the typical cap rate for retail in Chicago?
- About 7.9% as of Q4 2025, per multiple brokerage reports.
- Is the Chicago retail market tightening or softening?
- Vacancy is around 5.1%, with asking rents rising year over year (Q4 2025).
Contact
- Jose Gonzalez · jose.o.gonzalez@jll.com
- Joaquin Manriquez · joaquin.manriquez@jll.com
Explore this market
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