Retail / Office / Medical Office Available for Lease… — Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Chicago, IL 60657
- Size: 1,800 SF
Photos
Description
Retail For Lease | 1,800 SF For Sale | Building Size: 1,800 SF
Market Context
This retail in Chicago, IL is listed for sale across 1,800 SF. Compare it against other retail listings for sale 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 assets trade 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 Price per SF
$56.15/SF – $408.36/SF
Mid: $170.15/SF
Estimated price for 1,800 SF: $306,270 (range $101,070 – $735,048)
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Hunter Cannon · +1 312 612 5950
Explore this market
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