Prairie Towne Center — Sale in Schaumburg, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Schaumburg, IL 60193
Photos
Description
Retail for Lease at Prairie Towne Center +OPPORTUNITY −High Visibility small shops +MAJOR TRAFFIC GENERATORS −Kohls −Target, Jewel Osco, Home Depot, Ross, Michaels & Petsmart at Same Intersection +STRONG DEMOGRAPHICS −236,791 people within 5 miles −$101,215 average HH incomes +HIGH TRAFFIC −56,500 VPD Traffic Count −832,000 Annual Visits
Market Context
This retail in Schaumburg, IL is listed for sale. 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.
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