Retail Business for Sale in Chicago, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Chicago, IL 60611

Description

±10,680 SF available over three floors + a lower level Located in the famed Gold Coast neighborhood, which boasts high-street retail, renowned restaurants, and boutique hotels surrounded by an affluent residential population Within a half mile of the site, over $89 million is spent annually on apparel and services, and over $160 million spent annually on dining out

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.

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