Retail Business for Sale in Chicago, IL

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

Description

Premier River North Restaurant Space Available • 3,542 SF of ground-floor restaurant space with existing infrastructure • Corner opportunity with excellent visibility, signage potential, and strong street presence • Space is available 7/1/2026, offering a turnkey solution for experienced operators

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

$83.09/SF – $112.41/SF

Mid: $97.75/SF

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

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