Retail Business for Sale in Schaumburg, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Schaumburg, IL 60173

Description

Former Chevy's Fresh Mex Restaurant Available Immediately 8,000 SF building divisible to 12,000 SF. Freestanding former Chevy's Fresh Mex Restaurant available immediately in Schaumburg, IL with plentiful outdoor seating and most restaurant FF&E intact.

Market Context

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

$60.14/SF – $81.36/SF

Mid: $70.75/SF

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

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