4747 Dempster St — Lease in Skokie, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Skokie, IL 60076
Photos
Market Context
This retail in Skokie, IL is listed for lease. Compare it against other retail listings for lease in Skokie, 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).
Contact
- Jason Trombley — JLL · 3122283753 · jason.trombley@jll.com
- Jason Trombley · 3122283753 · jason.trombley@jll.com
- Adam Cody · 3122283985 · adam.cody@jll.com
- Zac Lewinski · 3122283265 · zac.lewinski@jll.com
Explore this market
Similar Retail Business for Lease in Skokie, IL
- The Highpoint — Contact for price · Skokie, IL
- 4747 Dempster St — Contact for price · Skokie, IL