Chicago, IL Shopping Centers for Lease
- Davenport, IA
- Cicero, IL
- Oak Park, IL
- Berwyn, IL
- River Forest, IL
- Evanston, IL
- Lincolnwood, IL
- Forest View, IL
Chicago, IL Shopping centers Lease Rates & Market Statistics
Browse 125 Shopping centers for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 2,888,200 square feet of properties — an average of ~23,100 SF per listing.
Asking lease rates for Shopping centers in Chicago start at $18 SF/Yr, average $24.33 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 $24.33 SF/Yr is 31% above the Illinois state average of $18.58 SF/Yr.
Chicago accounts for 25% of the 491 shopping centers currently available across Cook County, where nearby markets include Niles and Schaumburg. Shopping centers make up 9% of the 1,405 Retail properties & Spaces currently for lease in Chicago, with asking rates averaging $24.33 SF/Yr — 10% below the citywide Retail properties & Spaces average of $26.90 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (552 listings) and Other retail properties (49 listings) elsewhere in the Chicago market.
