Retail Business for Sale in Richmond, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Richmond, IL 60071

Description

Richmond | Development Opportunity | +/- 7.0 AC

Market Context

This retail in Richmond, IL is listed for sale. It has been on the market for 148 days. Compare it against other retail listings for sale in Richmond, IL — <a href="/search/sale/retail/illinois/richmond">view the full market</a>.

As of Q1 2026, the Richmond retail market showed average asking rents near $23.93/SF/yr, and cap rates around 5.1%. Source: Consensus Q1 2026 market report.

Retail market FAQ

What is the typical cap rate for retail in Richmond?
About 5.1% as of Q1 2026, per Consensus.

Unified Estimate

Very Low Confidence

$186.81/SF – $252.75/SF

Mid: $219.78/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market san-francisco (similarity: 100%) with 11 comparable listings.

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