Retail in Chicago, IL — Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Chicago, IL 60611
Description
The Best Corner on North Michigan Avenue New ownership and representation (CBRE) The best flagship opportunity in Chicago +5 million pedestrians and vehicles pass by the site monthly Flexible demising options, spaces rancing from +6k to +41k One of a kind branding opportunity
Market Context
This retail in Chicago, IL is listed for sale. It has been on the market for 197 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.
Contact
- Luke Molloy · 312 935 1905 · luke.molloy@cbre.com
- Danny Jacobson · +1 312 935 1901 · danny.jacobson@cbre.com
- Stephen Ansani · 312 935 1907 · Stephen.ansani@cbre.com
- Michael Malen · 312 334 7232 · michael.malen@cbre.com
Explore this market
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