Chicago, IL Restaurants for Lease
Chicago, IL Restaurants Lease Rates & Market Statistics
Browse 153 Restaurants for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 1,632,025 square feet of properties — an average of ~10,650 SF per listing.
Asking lease rates for Restaurants in Chicago start at $16 SF/Yr, average $33.21 SF/Yr, and reach $88 SF/Yr at the top of the market. That's a 6x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $33.21 SF/Yr is 10% above the Illinois state average of $30.15 SF/Yr.
Chicago accounts for 73% of the 211 restaurants currently available across Cook County, where nearby markets include Schaumburg and Evanston. By space type, the market includes 76 conventional restaurants, 43 other restaurants and 20 commercial kitchens — other restaurants typically offer the lowest entry point, while conventional restaurants command the highest rates.
