Chicago, IL Shopping Centers for Lease
- Cicero, IL
- Oak Park, IL
- Berwyn, IL
- River Forest, IL
- Evanston, IL
- Lincolnwood, IL
- Forest View, IL
- Forest Park, IL
Chicago, IL Shopping centers Lease Rates & Market Statistics
Browse 74 Shopping centers for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 2,462,604 square feet of properties — an average of ~33,300 SF per listing.
Asking lease rates for Shopping centers in Chicago start at $15 SF/Yr, average $21 SF/Yr, and reach $30 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $21 SF/Yr is 13% above the Illinois state average of $18.60 SF/Yr.
Chicago accounts for 29% of the 252 shopping centers currently available across Cook County, where nearby markets include Schaumburg and Orland Park. Shopping centers make up 8% of the 942 Retail properties & Spaces currently for lease in Chicago, with asking rates averaging $21 SF/Yr — 15% below the citywide Retail properties & Spaces average of $24.70 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (372 listings) and Other retail properties (40 listings) elsewhere in the Chicago market.
