Chicago, IL Strip Malls for Lease
- Davenport, IA
- Cicero, IL
- Oak Park, IL
- Berwyn, IL
- River Forest, IL
- Evanston, IL
- Lincolnwood, IL
- Forest View, IL
Chicago, IL Strip malls Lease Rates & Market Statistics
Browse 29 Strip malls for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 97,429 square feet of properties — an average of ~3,350 SF per listing.
Asking lease rates for Strip malls in Chicago start at $40.50 SF/Yr, average $40.50 SF/Yr, and reach $40.50 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 $40.50 SF/Yr is 127% above the Illinois state average of $17.87 SF/Yr.
Chicago accounts for 40% of the 73 strip malls currently available across Cook County, where nearby markets include Tinley Park and Calumet City. Strip malls make up 2% of the 1,254 Retail properties & Spaces currently for lease in Chicago, with asking rates averaging $40.50 SF/Yr — 59% above the citywide Retail properties & Spaces average of $25.47 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (492 listings) and Shopping centers (118 listings) elsewhere in the Chicago market.
