Chicago, IL Restaurants for Lease
- Davenport, IA
- Cicero, IL
- Oak Park, IL
- Berwyn, IL
- River Forest, IL
- Evanston, IL
- Lincolnwood, IL
- Forest View, IL
Chicago, IL Restaurants Lease Rates & Market Statistics
Browse 203 Restaurants for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 2,280,899 square feet of properties — an average of ~11,250 SF per listing.
Asking lease rates for Restaurants in Chicago start at $16 SF/Yr, average $26.83 SF/Yr, and reach $55 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $26.83 SF/Yr is 5% below the Illinois state average of $28.39 SF/Yr.
Chicago accounts for 75% of the 272 restaurants currently available across Cook County, where nearby markets include Schaumburg and Evanston. By space type, the market includes 101 conventional restaurants, 58 other restaurants and 26 commercial kitchens — commercial kitchens typically offer the lowest entry point, while conventional restaurants command the highest rates.