Retail

230 W. Huron

230 w. huron, chicago, IL 60654

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Very Low Confidence

Low

$31.71/SF

Mid

$37.31/SF

High

$42.91/SF

Tier Used

peer_city_transfer

Transferred from peer market omaha (similarity: 100%) with 3 comparable listings.

Peer market: omaha (100% similarity)

Tier Resolution Trace

Tier 1insufficient_data

Tier 2insufficient_data

Tier 3insufficient_data

Tier 4successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$37.31/SF	—	peer_city_transfer
Utilities	—	4.1¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1626/wk	BLS QCEW

Source Provenance (1)

Source	Type	Count	Year	Freshness	Peer
Peer City Transfer	economic_similarity	3	—	real-time	omaha (100%)

Data sources used

peer_city_transfer

Description

4,150 RSF corner space and 4,753 inline space in the heart of River North - 8,903 RSF located at the base of a 66,000 SF office building in the heart of River North - Abundant natural light from the large window lines and frontage - Available immediately - Lower-level space available

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

230 w. huron, chicago, IL 60654

Leaflet © OpenStreetMap contributors

Market Context

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

Projected current pricing

low confidence

Projected asking rent

$22.27/SF/yr

Estimated sale value

$162–$205/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 8.2%, asking rent held flat).

View the full Chicago Retail market report →

Compare it against other retail listings for sale in Chicago, IL to benchmark pricing and space — view the full market.

Retail market FAQ

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

Unified Estimate

Very Low Confidence

$72.39/SF-$97.93/SF

Mid: $85.16/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market omaha (similarity: 100%) with 3 comparable listings.