Chicago, IL Shopping Centers for Sale

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West Chicago, IL Cicero, IL Oak Park, IL David City, NE Berwyn, IL River Forest, IL Forest Park, IL Evanston, IL

34 properties

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Updated: Aug 11, 2025

Chicago Retail Property For Sale

5159 W Diversey Avenue, Chicago, IL 60639

$1,239,000

7,500 sqft 0.22 AC lot

High‑traffic corner location at Diversey and Laramie Avenues.
Strong street presence and visibility in a dense commercial corridor.
Fully leased: 5 retail stores providing immediate income.
Located across the street from Walgreens and a currency exchange.
Approximately 7,500 sq. ft. building.

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This listing looks promising.

Here's a quick look at some key insights for

5159 W Diversey Avenue, Chicago, IL 60639

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Est. Cap Rate

8.6%
Above avg (5.9%)
Est. NOI

$107K
Annual
Price @ 7% Cap

$1.53M
Above asking

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Updated: Jul 23, 2025

Retail Strip Center For Sale

5217 N Milwaukee Ave, Chicago, IL

$2,400,000

8,870 sqft 0.07 AC lot

100% Occupancy: Provides immediate and consistent income stream.
Anchored by Firestone: Long‑term lease with a nationally recognized tenant ensures stability.
Prime Location: Unparalleled location with exceptional demographics and high visibility.
Long‑Term Leases: Both Firestone and Jurassa Kabab have leases extending through 2029 with extension options.
Strong Visibility and Signage: Tremendous signage opportunities enhance tenant exposure.

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7,035 SF Retail Center

1250-1258 W 127th St, Calumet Park, IL

$495,000

7,035 sqft 0.31 AC lot

Fully leased retail center with high traffic and great visibility.

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Corner Lot Strip Mall Opportunity

237 W 79th Street, Chicago, IL 60620

$130,000

0.16 AC lot

Ideal corner location for a small strip mall or franchise.

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Six-Unit Retail Strip Center

6001-6019 N. Nina Avenue, Chicago, IL 60631

$825,000

9,750 sqft

Six-unit strip center with strong recent income performance and convenient Norwood Park transit and highway access.

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Chicago Commercial Property For Sale

5257 S Ashland Ave, Chicago, IL 60609

$3,455,000

12,901 sqft

Commercial property in Chicago's New City Community for sale.

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26th & Pulaski Retail Opportunity

3951 3957 W 26th Street |, Chicago, IL 60623

$3,700,000

Fully leased multi-tenant property in dense Chicago location for sale.

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Retail Property Near Mixed-Use Development

2100 N Elston Ave, Chicago, IL 60614

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187,204 sqft

Retail property adjacent to a $3B mixed-use development.

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Jewel-Osco Anchored Retail Space

2862-2928 N Ashland Ave, Chicago, IL

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1,243 sqft 0.59 AC lot

Retail space in high-performing, Jewel-Osco anchored Lakeview center.

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Elmwood Park Investment Opportunity

1850 N Harlem Ave, Elmwood Park, IL

$7,377,000

20,291 sqft 1.12 AC lot

Two-tenant investment property in Elmwood Park, Illinois for sale.

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Retail/Office Building Near Transportation

715 E 47th St, Chicago, IL

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21,916 sqft 0.71 AC lot

21,916 SF retail/office building with long-term tenants.

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Grocery-Adjacent Shopping Center For Sale

7532 1600 E, Chicago, IL

$11,800,000

66,171 sqft 1.85 AC lot

100% leased shopping center with necessity and fashion retailers.

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Retail Space in Active Corridor

2531-2551 W Cermak Rd, Chicago, IL

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3,000 sqft 7.39 AC lot

Retail space available in busy shopping center.

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Multi-Tenant Retail Property For Sale

2301-2323 W 95th Street, Chicago, IL 60643

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20,392 sqft

Value-add retail property in Chicago's Beverly Neighborhood.

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Chicago Shopping Center Investment Opportunity

801 W 119th St, Chicago, IL 60643

$4,490,000

59,847 sqft

Fully leased shopping center in high-traffic Chicago location for sale.

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7,056 SF Retail Center

1741 W 79th Street, Chicago, IL 60620

$675,000

Five-unit retail center with parking on W 79th Street.

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Retail Center in Bronzeville, Chicago

700 E 47th Street, Chicago, IL 60653

$650,000

3,600 sqft

3,600 SF retail center in Chicago's Bronzeville neighborhood.

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Neighborhood Retail Center Opportunity

1200 North Clybourn Avenue, Chicago, IL 60610

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16,433 sqft

Partially leased retail center with available space and service-oriented tenants, positioned along major arterial corridors in Old Town.

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Urban Retail Center Near Expressway

205 West 87th Street |, Chicago, IL 60620

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64 sqft

Retail center with high traffic and accessibility near public transit.

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Retail Property on Madison Street

W Madison St 5233-5261, Chicago, IL

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22,634 sqft 0.45 AC lot

22,634 SF retail property on 0.90 acres for sale.

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Grocery-Anchored Retail Center For Sale

1220 S Ashland Avenue |, Chicago, IL 60608

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Retail center near Chicago Fire training facility, medical center, and university.

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Fully Occupied Ashland Avenue Center

9011-9027 S Ashland Ave, Chicago, IL

$985,000

9,650 sqft 0.57 AC lot

Modern shopping center on Ashland Avenue, fully leased to tenants.

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South Loop Retail Opportunity

1101 South Canal Street |, Chicago, IL 60607

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Retail space in a high-traffic South Loop location.

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Southport Corridor Retail Asset

3435 North Southport Avenue |, Chicago, IL 60657

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20 sqft

Retail property in Chicago's vibrant Southport Corridor.

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Chicago, IL Shopping Centers Market Trends and Statistics

Explore 72 shopping centers for sale in Chicago, IL, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 549,962 square feet of properties for sale, with an estimated market value of $133,431,000.

Sale prices for plazas in Chicago, IL start at $495,000, averaging $7,022,684, and reaching up to $67,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 2.91M

Population Growth (5Y) +0.6%

Median Household Income $76,477

College Educated 44.3%

High-Yield Neighborhoods for Investment

Identify Chicago submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60624	$450K
60620	$468K
60653	$650K
60631	$825K
60641	$1.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Chicago fall within the 10,000 to 25,000 square foot range.

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