Retail Business for Sale in Chicago, IL

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

Description

Market Context

This retail in Chicago, IL is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 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.

Its 6.5% asking cap rate is below the Chicago retail market average of about 8.2%, reflecting premium pricing relative to comparable assets.

Retail market FAQ

What is the typical cap rate for retail in Chicago?
About 8.2% as of Q1 2026, per Consensus.

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