2817 N Clark St — Lease in Chicago, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Chicago, IL 60657
Photos
Description
Now available for lease, retail Walgreens - 15281 - Chicago, IL located at 2817 N Clark St Chicago, Illinois 60657. Available square footage 35,000 SF.
Market Context
This retail in Chicago, IL is listed for lease. Compare it against other retail listings for lease in Chicago, IL — view the full market.
As of Q4 2025, the Chicago retail market showed a 5.1% vacancy rate, average asking rents near $19.00/SF/yr, rents up 2.4% year over year, and cap rates around 7.9%. Source: multiple brokerage reports, Q4 2025.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Retail market FAQ
- What is the typical cap rate for retail in Chicago?
- About 7.9% as of Q4 2025, per multiple brokerage reports.
- Is the Chicago retail market tightening or softening?
- Vacancy is around 5.1%, with asking rents rising year over year (Q4 2025).
Estimated Market Rate
$1.54/SF/mo – $2.08/SF/mo
Mid: $1.82/SF/mo
Based on comparable properties in similar markets rather than local sales.
First seen on CREHunt: Sep 23, 2026
Contact
- Matt Ramsey · matt.ramsey@jll.com
- Cedric Burke · cedric.burke@jll.com
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