Ground Floor Office|Retail Condo For Sale or Lease — Lease in Chicago, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Chicago, IL 60614

Description

Commercial-Specialty For Lease | 1,488 SF For Sale | Building Size: 1,488 SF Presenting for Sale or Lease this well-appointed 1,488 sq. ft. prime ground-floor Office/Retail Commercial Condo at 2623 N Clark St. in the vibrant Park West area of the Lincoln Park Neighborhood in C Key Facts Hunter Cannon Senior Vice President Chicago - Downtown License #: 475164446 +1 312 612 5950 Call Now +1 312 612 5950 +1 773 220 4821 Call Mobile +1 773 220 4821 License #: 475164446

Market Context

This retail in Chicago, IL is listed for lease. It has been on the market for 176 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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