Chicago, IL Conventional Restaurants for Lease
- Cicero, IL
- Oak Park, IL
- Berwyn, IL
- River Forest, IL
- Evanston, IL
- Lincolnwood, IL
- Forest View, IL
- Forest Park, IL
Chicago, IL Conventional restaurants Lease Rates & Market Statistics
Browse 74 Conventional restaurants for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 241,938 square feet of properties — an average of ~3,250 SF per listing.
Asking lease rates for Conventional restaurants in Chicago start at $18 SF/Yr, average $36 SF/Yr, and reach $88 SF/Yr at the top of the market. That's a 5x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $36 SF/Yr is 24% above the Illinois state average of $29.88 SF/Yr.
Chicago accounts for 80% of the 92 conventional restaurants currently available across Cook County, where nearby markets include Evanston and Chicago Heights. Conventional restaurants make up 49% of the 151 Restaurants currently for lease in Chicago, with asking rates averaging $36 SF/Yr — 14% above the citywide Restaurants average of $32.53 SF/Yr. Also worth a look for tenants weighing alternatives: Other restaurants (43 listings) and Commercial kitchens (20 listings) elsewhere in the Chicago market.
