Retail Business for Sale in Chicago, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Chicago, IL 60610

Description

Phase 2 & 3 - Retail for Lease 2,544 SF within the third residential tower with 456 residential units. The Old Town Park development has over 1,500 residential units on site. 70,114 SF of office space. Excellent signage opportunities. Dramatic ceiling heights over 13'-2" feet. Available immediately Two retail spaces left; one space in Phase 2 (and one space in Phase 3.

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

$81.18/SF – $109.83/SF

Mid: $95.50/SF

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

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