Retail in Schaumburg, IL — Sale in Schaumburg, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Schaumburg, IL 60173

Description

+/- 12,000 SF Former Free-Standing Restaurant Available + +/- 12,000 SF of Future Restaurant Space Available + Opportunity includes +/- 1,400 SF of exterior patio space + Enjoy co-tenancy with Blue Martini at this location (soon to be under construction). + Building will undergo a significant exterior renovation + Strong demographics and daytime population in the immediate market

Market Context

This retail in Schaumburg, IL is listed for sale. It has been on the market for 195 days. Compare it against other retail listings for sale in Schaumburg, 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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