Retail in Chicago, IL — Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Chicago, IL 60654
- Size: 5,900 SF
Description
3,542 SF of ground floor restaurant space with existing infrastructure. Premier River North restaurant space available. Space is available 7/1/2026, offering a turnkey solution for experienced operators. Surrounded by a high concentration of affluent professionals and a dense daytime population, ideal for lunch, happy hour, and dinner service.
Market Context
This retail in Chicago, IL is listed for sale across 5,900 SF. It has been on the market for 195 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
- Craig Lillibridge · 630 573 7083 · craig.lillibridge@cbre.com
- Cliffton Vann · +1 312 233 8683 · Cliffton.Vann@cbre.com
- Brent Wayburn · brent.wayburn@cbre.com
- Stephen Ansani · 312 935 1907 · Stephen.ansani@cbre.com
Explore this market
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