Lake View Plaza — Lease in Orland Park, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Orland Park, IL 60462
Photos
Description
Anchor and Small Shop Space Available Power Center + 8 Anchor Tenants + 360,000 square feet Super Regional + Over 5M SF of retail in area + Adjacent to Costco, Target and the first U.S. Amazon retail store High Traffic + 2.3 million annual visits + 77,500 VPD traffic count Easy Access + Access from LaGrange & 159th + Traffic Lights on both Excellent Demographics + $92,000 median income + 168,000 people
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
- Sean McCourt · 312 297 7688 · sean.mccourt@cbre.com
- Alex Corno · 312 935 1050 · alex.corno@cbre.com
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