Brickyard Development Site Available For Lease
Price
Price on request
Description
OUTLOT AVAILABLE ON FORMER PETSMART SITE! + Pad Site Redevelopment - One Pad Remaining next to future Raising Cane's! + Approximately 1 Acre Pad Available for Ground Lease, Build to Suit or Reverse Build to Suit.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Location
brickyard development site available for lease, chicago, IL 60707
Financial Details
Market Context
As of Q1 2026, the Chicago retail market showed average asking rents near $22.27/SF/yr, and cap rates around 8.2%. Source: multiple brokerages Q1 2026 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 8.2%, asking rent held flat).
Compare it against other retail listings for lease in Chicago, IL to benchmark pricing and space — view the full market.
Retail market FAQ
- What is the typical cap rate for retail in Chicago?
- About 8.2% as of Q1 2026, per multiple brokerages.
Unified Estimate
Medium ConfidenceRate estimator only; cost-of-business estimate unavailable.
Lease Rate & Market Trend
2000 – 2026 · county sold comps + market trendsFIPS 17031
- Avg Rent ($/SF/mo) (market data)
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Market comparison: retail in chicago, IL
More Retail for Lease in Chicago, IL(5)
Marshfield Plaza
chicago, IL
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
Wilson Yards
chicago, IL
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
2015 S Naper Blvd
naperville, IL
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
1.07 Acre Site
libertyville, IL
Price on request
Cap Rate
N/A
Price/SF
N/A
SF
N/A
Property in Unknown, XX
Shorewood, IL
Price on request
Cap Rate
N/A
Price/SF
1.0/sf
SF
N/A