Retail Business for Sale in Chicago, IL

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

Description

INCREDIBLE RETAIL OPPORTUNITY IN THE HEART OF RIVER NORTH -8,112 SF (divisible) -Located on the SWC of Huron & Frankin in the heart of Chicago’s bustling River North neighborhood -Situated amongst a rapidly growing residential population, high income office professionals and a dense daytime population -Space features incredible branding opportunity fronting the CTA Brown and Purple Line tracks station with over 10.1 Million Riders (as of Oct. 2023)

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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