2070-2112 N Clybourn Ave — Lease in Chicago, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Chicago, IL 60614

Description

Lincoln Park, a designated community located on the north side, is one of the most affluent neighborhoods in Chicago. A picturesque neighborhood with sweeping city views and botanical gardens, it has everything from beautiful community parks, amazing eateries, and acclaimed shopping. It is most known for its diverse community filled with breathtaking architecture. Nestled on the western side of Lincoln Park, The Foundry presents a prime opportunity for retailers to join a prestigious lineup of well known, national brands along this highly trafficked retail corridor.

Market Context

This retail in Chicago, IL is listed for lease. Compare it against other retail listings for lease in Chicago, 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).

Estimated Market Rate

$1.62/SF/mo – $2.29/SF/mo

Mid: $1.95/SF/mo

First seen on CREHunt: Oct 11, 2026

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