Retail Business for Sale in Chicago, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Chicago, IL 60654

Description

Now available for lease, retail 111 W Illinois Street located at 111 W Illinois St Chicago, Illinois 60654. Available square footage 1,633 SF.

Market Context

This retail in Chicago, IL is listed for sale. It has been on the market for 93 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

$83.09/SF – $112.41/SF

Mid: $97.75/SF

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

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