Retail Business for Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Chicago, IL 60632
Description
Retail For Lease LIMITED SPACE AVAILABLE - One small shop space remaining - 1,036 SF MAJOR INTERSECTION - Over 47,000 VPD at 47th and Kedzie - Anchored by high volume Pete’s Fresh Market GREAT ACCESS AND VISIBILITY - Multiple Access points along Kedzie and 47th Pl - Large pylon signage on Kedzie - 1 block from CTA Kedzie Orange Line DENSE POPULATION - 50,637 people within 1 mile - 168,652 people within 2 miles - Hispanic Population: 1 mile = 88%
Market Context
This retail in Chicago, IL is listed for sale. It has been on the market for 147 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.
Contact
- Sean McCourt · 312 297 7688 · sean.mccourt@cbre.com
- Alex Corno · 312 935 1050 · alex.corno@cbre.com
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