Woodfield Terrace — Lease in Schaumburg, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Schaumburg, IL 60173
Photos
Description
Anchor Space for Lease - 58,423 SF (Divisible) ANCHOR SPACE AVAILABLE + 58,423 SF Divisible GREAT VISIBILITY + Only 60 yards from curb of Golf Rd. + 230 feet of frontage + 26,700 VPD traffic count + Pylon Signage SUPER REGIONAL MARKET + Less than 1 mile from Woodfield Mall + Over 5 Million SF of Retail in corridor + Near Ikea and many other furniture stores STRONG DEMOGRAPHICS + 274,208 people within 5 miles + $130,684 average household income
Market Context
This retail in Schaumburg, IL is listed for lease. Compare it against other retail listings for lease 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 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).
Estimated Market Rate
$1.54/SF/mo – $2.08/SF/mo
Mid: $1.82/SF/mo
Based on comparable properties in similar markets rather than local sales.
Contact
- Sean McCourt · 312 297 7688 · sean.mccourt@cbre.com
- Alex Corno · 312 935 1050 · alex.corno@cbre.com
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