Retail Business for Sale in Chicago, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Chicago, IL 60615

Description

Available sqft: 1,217 • 225,000 SF mixed-use building located at Hyde Park's Main on Main intersection • 455 on site parking spaces • 133 room Hyatt Hotel • Phase II of Harper Court delivering in 2022, which will deliver 300,000 SF of life sciences laboratory space to the project

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

$276.63/SF – $374.27/SF

Mid: $325.45/SF

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

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