Ballard Plaza — Lease in Niles, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Niles, IL 60714

Photos

Ballard Plaza — Lease in Niles, IL, photo 1 of 8
Ballard Plaza — Lease in Niles, IL, photo 2 of 8
Ballard Plaza — Lease in Niles, IL, photo 3 of 8
Ballard Plaza — Lease in Niles, IL, photo 4 of 8
Ballard Plaza — Lease in Niles, IL, photo 5 of 8
Ballard Plaza — Lease in Niles, IL, photo 6 of 8
Ballard Plaza — Lease in Niles, IL, photo 7 of 8
Ballard Plaza — Lease in Niles, IL, photo 8 of 8

Description

For Lease - Small Shop Space WEEKLY TRAFFIC + Join Tony’s Fresh Market DENSITY AND INCOME + 155,067 people within 3 miles + $128,099 Average HH Income EXCELLENT SIGNAGE + Large panel on tall sign HIGH TRAFFIC + 36,000 VPD

Market Context

This retail in Niles, IL is listed for lease. Compare it against other retail listings for lease in Niles, 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

Explore this market

Similar Retail Business for Lease in Illinois