1447 E 53rd Street — Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Chicago, IL 60615
Description
Ground Floor Retail - 4,052 SF available - Black iron capable - Potential rooftop opportunity - Excellent frontage along 53rd Street
Market Context
This retail in Chicago, IL is listed for sale. It has been on the market for 196 days. Compare it against other retail listings for sale in Chicago, IL — view the full market.
As of Q1 2026, the Chicago retail market showed average asking rents near $22.27/SF/yr, and cap rates around 8.2%. Source: multiple brokerage reports, Q1 2026.
Retail market FAQ
- What is the typical cap rate for retail in Chicago?
- About 8.2% as of Q1 2026, per multiple brokerage reports.
Contact
- Meredith Oliver · +1 312 935 1904 · Meredith.oliver@cbre.com
- Cliffton Vann · +1 312 233 8683 · Cliffton.Vann@cbre.com
Explore this market
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