Kedzie Plaza — Sale in Chicago, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Chicago, IL 60632

Description

Retail For Lease LIMITED SPACE AVAILABLE - One small shop space remaining - 1,036 SF MAJOR INTERSECTION - Over 47,000 VPD at 47th and Kedzie - Anchored by high volume Pete’s Fresh Market GREAT ACCESS AND VISIBILITY - Multiple Access points along Kedzie and 47th Pl - Large pylon signage on Kedzie - 1 block from CTA Kedzie Orange Line DENSE POPULATION - 50,637 people within 1 mile - 168,652 people within 2 miles - Hispanic Population: 1 mile = 88%

Market Context

This retail in Chicago, IL is listed for sale. It has been on the market for 196 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.

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