Chicago & Hudson - retail in Chicago, IL
Retail

Chicago & Hudson

chicago & hudson, chicago, IL 60654

Price

Price on request

Description

A new retail destination in Chicago’s River North neighborhood - New 134 apartment unit development with 10,595 SF of ground floor retail - Conveniently located at southwest corner of Chicago & Hudson in the dynamic River North neighborhood - Highly visible corner with black iron capabilities - Immediate delivery

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

Location

chicago & hudson, chicago, IL 60654

Marker
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

Medium Confidence
$83.09/SF-$112.41/SF
Mid: $97.75/SF

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

Sale Price History

2000 – 2026 · county sold comps + market trendsFIPS 17031

High Confidence
  • Avg Rent ($/SF/yr) (market data)
  • Vacancy %
Q1 '00Q3 '01Q1 '03Q3 '04Q1 '06Q3 '07Q1 '09Q3 '10Q1 '12Q3 '13Q1 '15Q3 '16Q1 '18Q3 '19Q1 '21Q3 '22Q1 '24Q2 '26$0$6$12$18$240%10%20%30%40%
Market asking rent (quarterly avg)Vacancy rate (right axis)

More Retail for Sale in Chicago, IL(5)

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Listed by

CBRE System Import