Crossroads of Schaumburg — Sale in Schaumburg, IL
- Price: $2.3M
- Listing type: For sale
- Asset type: Retail Business
- Location: Schaumburg, IL 60173
- Year built: 2026
Photos
Description
Lincolnshire Commons 970 Milwaukee Ave, Lincolnshire, IL, 60069, US Retail Lincoln Village 6199 North Lincoln Avenue, Chicago, IL, 60659, US 125,680 sf Retail Under Contract Stony Creek Promenade - Chicago, IL 4830 W. 111th Street, Oak Lawn, IL, 60453, US 165,999 sf Retail
Market Context
This retail in Schaumburg, IL is listed for sale at $2,315,000. The building dates to 2026. Compare it against other retail listings for sale in Schaumburg, 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 assets trade 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).
Estimated Price per SF
$56.15/SF – $408.36/SF
Mid: $170.15/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Brian Page · 3129406848 · brian.page@jll.com
- Michael Nieder · 3125283650 · michael.nieder@jll.com
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