The Overlook at Oak Brook — Lease in Oak Brook, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Oak Brook, IL 60523
Photos
Description
Discover prime retail space at The Overlook at Oak Brook, strategically located opposite Oakbrook Center – the Midwest’s top-performing mall. With an impressive daytime population of 128,110 (within 3 miles) and ample surface parking, this location offers unparalleled visibility and accessibility. Elevate your brand by joining an elite roster of national retailers, including Costco, Panera Bread, Lazy Dog, Smashburger, and Verizon.
Market Context
This retail in Oak Brook, IL is listed for lease. Compare it against other retail listings for lease in Oak Brook, 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
$1.54/SF/mo – $2.08/SF/mo
Mid: $1.82/SF/mo
Based on comparable properties in similar markets rather than local sales.
Contact
- Steve Schwartz · steve.schwartz@jll.com
- Joaquin Manriquez · joaquin.manriquez@jll.com
- Natalie Belloff · natalie.belloff@jll.com
Explore this market
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