Retail

60 E Ohio Street, Chicago

60 e ohio street, chicago, chicago, IL 60611

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

New ownership and representation (CBRE) 2nd generation restaurant opportunities in the heart of River North. Flexible sizing, spaces ranging from small shop to 9,853 SF Less than one block away from the Magnificent Mile and Bally's Casino +3 million pedestrians and vehicles pass by the site monthly

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

Location

60 e ohio street, chicago, chicago, IL 60611

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

$21.59/SF-$29.21/SF

Mid: $25.40/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.