Retail Business for Sale in Chicago, IL

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

Description

One of a Kind Flagship Opportunities EXPERIENCE THE EPITOME OF RETAIL in the heart of Chicago's prestigious Mag Mile. These flagship retail spaces offer high visibility and unparalleled traffic for retailers to thrive. Situated in one of the most affluent and heavily trafficked area of Chicago, this space is surrounded by renowned retailers and attracts both local visitors and tourists, providing an ideal platform to showcase your brand to any audience. Don't miss out on the chance to elevate your brand in this coveted retail haven.

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

$18.93/SF – $25.61/SF

Mid: $22.27/SF

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

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