Chicago, IL Retail Properties & Spaces for Lease
Chicago, IL Retail properties & Spaces Lease Rates & Market Statistics
Browse 957 Retail properties & Spaces for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 7,179,131 square feet of properties — an average of ~7,500 SF per listing.
Asking lease rates for Retail properties & Spaces in Chicago start at $8 SF/Yr, average $24.79 SF/Yr, and reach $114 SF/Yr at the top of the market. That's a 14x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $24.79 SF/Yr is 15% above the Illinois state average of $21.53 SF/Yr.
Within Cook County, most Chicago retail properties & spaces listings are located in and around Elmwood Park, with additional options across the city. By space type, the market includes 378 storefront properties, 73 shopping centers and 40 other retail properties — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.