Retail Business for Sale in Chicago, IL

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

Description

4,000 SF of Ground Floor Retail at the Base of a 22-story Luxury High-Rise! Premier River North retail opportunity. 4,000 SF of fully built-out fitness space at the base of a 22-story luxury high-rise, with 251 upscale residential units directly above. Terrific branding opportunity with strong street visibility. Ideal for fitness, wellness, boutique retail, or experiential concepts. Surrounded by a highincome professional population and a dense daytime workforce, ideal for service-oriented and lifestyle retail.

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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