Commercial Real Estate & Businesses in Chicago, IL

Find 695 commercial real estate and business listings for sale and lease in Chicago, Illinois. Browse office, retail, industrial and investment properties.

695 listings available

Market Brief

CREhunt currently has 695 commercial listings for sale in Chicago, IL. Asking prices run typically around $1.1M, with most between $199K and $3.3M across 55 publicly priced listings. The typical space is about 8,218 SF.

Chicago, IL Market Report · Q1 2026

4 of 4 sectors reporting

Retail is the only Chicago sector publishing a capitalization rate this period, at 8.2% as of Q1 2026.

Vacancy is reported for 3 of 4 sectors: office at 27.25%, industrial at 5.35%, retail at 4.9%.

Asking rents: office at $45.41/SF/yr, retail at $22.27/SF/yr.

Asking rents: multifamily at $2,018/unit/mo.

Supply and absorption

Industrial in Chicago: Newmark reported 12.3M SF under construction and net absorption of 4.9M SF in Q2 2026; CBRE reported 4.5M SF delivered in Q1 2026.

Office in Chicago: CBRE reported 369K SF delivered in Q1 2026; Transwestern reported net absorption of -381K SF in Q1 2026.

Retail in Chicago: Matthews reported 1.1M SF under construction and 173K SF delivered in Q1 2026, and net absorption of 1.2M SF in Q4 2025.

Submarkets

Within Chicago's industrial market, Newmark reported submarket vacancy in Q2 2026: Central/North DuPage at 3.8%; Far North at 4.7%; Fox Valley/North Kane at 4.7%.

Within Chicago's multifamily market, Cushman & Wakefield reported submarket vacancy in Q4 2025: South Loop at 5%; West Loop/Fulton Market at 5%.

Within Chicago's office market, Transwestern reported submarket vacancy in Q1 2026: Central Loop at 27%; East Loop at 28.2%; Fulton Market/Near West Side at 13.1%.

Within Chicago's retail market, Marcus & Millichap reported submarket vacancy in Q1 2026: Lake Cook corridor at 6%; Loop at 10%; Magnificent Mile at 10%.

Coverage and sources

Figures are drawn from quarterly market reports published by Avison Young, CBRE, Colliers and Cresa.

Sector	Vacancy	Asking rent	YoY rent	Cap rate	Period
Office	27.25%	$45.41/SF/yr	Not reported	Not reported	Q1 2026
Industrial	5.35%	Not reported	+7.4%	Not reported	Q2 2026
Retail	4.9%	$22.27/SF/yr	+1.3%	8.2%	Q1 2026
Multifamily	Not reported	$2,018/unit/mo	+3.1%	Not reported	Q1 2026

Market figures are drawn from published brokerage quarterlies covering the Chicago metro (multiple brokerages). Figures are reproduced as reported and are never converted between $/SF and $/unit.

Frequently asked questions

How many commercial listings are available in Chicago, IL?

CREhunt currently tracks 695 commercial real estate and business listings in Chicago, IL. Asking prices are typically around $1,100,000.

What is the fastest way to find relevant listings in Chicago, IL?

With 695 active listings, Chicago, IL is deep enough that an unfiltered scan buries the relevant comparables — filter by asset type and budget first, then rank what survives on space and condition.

Should I browse Chicago, IL by property type or review everything?

Lead with property type. Location is already fixed at this level, and in a market the size of Chicago, IL asset type is what narrows 695 listings to a workable shortlist.

What should I check before contacting a broker in Chicago, IL?

Compare each listing against the Chicago, IL typical asking price of $1,100,000, confirm available space and asset type, and note anything that explains a gap either way before you contact the broker.