Downtown Orland Park — Lease in Orland Park, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Orland Park, IL 60462
Photos
Description
Downtown Orland Park is Chicago's premier shopping destination.
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
- Peter Caruso · peter.caruso@jll.com
- Courtney Rouleau · courtney.rouleau@jll.com
- Jose Gonzalez · jose.o.gonzalez@jll.com
Explore this market
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