325 E Illinois — Sale in Chicago, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Chicago, IL 60611

Description

Boasting a soaring 48 stories, 465 N. Park is the newest destination in luxury living. Bring your brand to the base of this luxury high rise. The 444 units will add to the unchecked density growth in the Streeterville market

Market Context

This retail in Chicago, IL is listed for sale. It has been on the market for 141 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.

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