Chicago, IL Restaurants for Lease
Chicago, IL Restaurants Lease Rates & Market Statistics
Browse 164 Restaurants for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 1,688,547 square feet of properties — an average of ~10,300 SF per listing.
Asking lease rates for Restaurants in Chicago start at $16 SF/Yr, average $29.79 SF/Yr, and reach $55 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $29.79 SF/Yr is in line with the Illinois state average.
Chicago accounts for 74% of the 222 restaurants currently available across Cook County, where nearby markets include Schaumburg and Orland Park. By space type, the market includes 80 conventional restaurants, 53 other restaurants and 20 commercial kitchens — commercial kitchens typically offer the lowest entry point, while conventional restaurants command the highest rates.
