Market Place Shopping Center — Lease in Des Plaines, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Des Plaines, IL 60016
Photos
Description
Stores for Lease at Market Place Shopping Center 155,152 SF Community Center 5 Major Anchors −Planet Fitness, Binny’s Beverage Depot, Get Air, Dollar Tree and Ace Pickleball Club High Traffic Counts −Over 68,200 VPD Population Density −282,254 People within 5 Miles Metro Chicago −Northwest Suburban Location Municipal Build Out Assistance −Up to $25,000
Market Context
This retail in Des Plaines, IL is listed for lease. Compare it against other retail listings for lease in Des Plaines, 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
- Sean McCourt · 312 297 7688 · sean.mccourt@cbre.com
- Alex Corno · 312 935 1050 · alex.corno@cbre.com
Explore this market
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