Retail Business for Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Chicago, IL 60602-3203
Description
Steps away from the heart of the city, One North Dearborn features prominent corner visibility coupled with high vehicular traffic counts. In addition, Dearborn’s dedicated bike path and Madison’s newly opened Loop Link bus system drive high volumes of commuters to this intersection.
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$18.93/SF – $25.61/SF
Mid: $22.27/SF
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Peter Caruso · peter.caruso@jll.com
- Jose Gonzalez · jose.o.gonzalez@jll.com
- Saira Mohan · saira.mohan@jll.com
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