Chicago, IL Strip Malls for Lease
- Cicero, IL
- Oak Park, IL
- Berwyn, IL
- River Forest, IL
- Forest View, IL
- Skokie, IL
- North Riverside, IL
- Evanston, IL
Similar Spaces for Sale in Chicago, IL
Chicago, IL Strip malls Lease Rates & Market Statistics
Browse 23 Strip malls for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 74,759 square feet of properties — an average of ~3,250 SF per listing.
Asking lease rates for Strip malls in Chicago start at $21 SF/Yr, average $29.25 SF/Yr, and reach $37.50 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 $29.25 SF/Yr is 64% above the Illinois state average of $17.83 SF/Yr.
Chicago accounts for 37% of the 62 strip malls currently available across Cook County, where nearby markets include Tinley Park and Calumet City. Strip malls make up 2% of the 948 Retail properties & Spaces currently for lease in Chicago, with asking rates averaging $29.25 SF/Yr — 18% above the citywide Retail properties & Spaces average of $24.83 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (376 listings) and Shopping centers (73 listings) elsewhere in the Chicago market.
