Brickyard Development Site Available For Lease — Lease in Chicago, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Chicago, IL 60707

Description

OUTLOT AVAILABLE ON FORMER PETSMART SITE! + Pad Site Redevelopment - One Pad Remaining next to future Raising Cane's! + Approximately 1 Acre Pad Available for Ground Lease, Build to Suit or Reverse Build to Suit.

Market Context

This retail in Chicago, IL is listed for lease. It has been on the market for 195 days. Compare it against other retail listings for lease 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.

Estimated Market Rate

$1.58/SF/mo – $2.13/SF/mo

Mid: $1.86/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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