875 N Michigan Avenue — Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Chicago, IL 60611
Description
Now available for lease or sublease, retail located at 875 N Michigan Ave Chicago, Illinois 60611. Available square footage 1,781 - 37,154 SF.
Market Context
This retail in Chicago, IL is listed for sale. It has been on the market for 140 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
- Craig Coupe · craig.coupe@jll.com
- Peter Caruso · peter.caruso@jll.com
- Clark Evans · clark.evans@jll.com
- Mike Curran · mike.curran@jll.com
- Steve Schwartz · steve.schwartz@jll.com
Explore this market
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