Park Ridge Plaza — Lease in Park Ridge, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Park Ridge, IL 60068
Photos
Description
On-site deli, Conferencing facilities, Underground parking, Recently renovated building corridors, On-site building engineers and property management, 24-hour building facility, On-site banking facility, Beautifully landscaped
Market Context
This retail in Park Ridge, IL is listed for lease. Compare it against other retail listings for lease in Park Ridge, 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
- Dan Graham · 847 706 4032 · dan.graham@cbre.com
- Rob Graham · 847 706 4034 · rob.graham@cbre.com
Explore this market
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