Retail Business for Sale in Chicago, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Chicago, IL 60607

Description

INCREDIBLE RETAIL OPPORTUNITY IN THE HEART OF FULTON MARKET On the northeast corner of Randolph & Carpenter sits 1020 West Randolph, an incredible retail opportunity in the heart of Fulton Market. This new construction building offers 6,259 square feet of second floor retail space along Randolph Street, which is home to some of Chicago’s highest grossing restaurant and is a frequent destination of both tourists and Chicagoans alike.

Market Context

This retail in Chicago, IL is listed for sale. It has been on the market for 148 days. Compare it against other retail listings for sale in Chicago, IL — <a href="/search/sale/retail/illinois/chicago">view the full market</a>.

As of Q1 2026, the Chicago retail market showed average asking rents near $22.27/SF/yr, and cap rates around 8.2%. Source: Consensus Q1 2026 market report.

Retail market FAQ

What is the typical cap rate for retail in Chicago?
About 8.2% as of Q1 2026, per Consensus.

Unified Estimate

Medium Confidence

$18.93/SF – $25.61/SF

Mid: $22.27/SF

Rate estimator only; cost-of-business estimate unavailable.

Contact

Explore this market

Similar Retail Business for Sale in Chicago, IL