Chicago, IL Retail Space for Lease

Search 552 retail listings in Chicago, IL and find helpful local stats in the Market Overview section below.

5050 N Broadway

5050 N Broadway, Andersonville, Chicago, IL
Property

Retail
Availability

4 Spaces

9,548 SF
For Lease Contact for pricing
View Details (opens in new window)
2nd Generation Ice Cream/Cafe Retail Space Available

1725 West Chicago Avenue, West Town, Chicago, IL
Property

Retail

10,000 SF
Availability

1 Space

3,000 SF
Year Built

1929
For Lease

$30.00/SF/YR
View Details (opens in new window)
875 North Michigan Avenue

875 North Michigan Avenue, Streeterville, Chicago, IL
Property

Office

1,069,000 SF
Availability

16 Spaces

178,878 SF
Year Built

1970
For Lease Contact for pricing
View Details (opens in new window)
2317 N. Clark Street

2317 North Clark Street, Lincoln Park, Chicago, IL
Property

Retail

1 SF
Availability

1 Space

2,500 SF
Year Built

2023
For Lease Contact for pricing
View Details (opens in new window)
2545 West Diversey Avenue

2545 West Diversey Avenue, Logan Square, Chicago, IL
Property

Office

272,000 SF
Availability

1 Space

3,942 SF
Year Built

1914
For Lease Contact for pricing
View Details (opens in new window)
30 North Michigan Avenue

30 North Michigan Avenue, Downtown Chicago, Chicago, IL
Property

Office

229,257 SF
Availability

67 Spaces

50,236 SF
Year Built

1913
For Lease Contact for pricing
View Details (opens in new window)
1901 N. Clybourn Avenue

1901 North Clybourn Avenue, Ranch Triangle, Chicago, IL
Property

Retail

38,640 SF
Availability

1 Space

6,040 SF
For Lease Contact for pricing
View Details (opens in new window)
3152 West Irving Park Road

3152 West Irving Park Road, Irving Park, Chicago, IL
Property

Retail

12,000 SF
Availability

1 Space

2,875 SF
For Lease Contact for pricing
View Details (opens in new window)
1925 North Clybourn Avenue

1925 North Clybourn Avenue, Ranch Triangle, Chicago, IL
Property

Retail

38,640 SF
Availability

1 Space

5,000 SF
For Lease Contact for pricing
View Details (opens in new window)
601 N Wells St

601 N Wells St, River North, Chicago, IL
Property

Retail

2,800 SF
Availability

1 Space

2,800 SF
Year Built

1888
For Lease

$65.00/SF/YR
View Details (opens in new window)
Millennium Station - Retail Concourse

151 N. Michigan Avenue, Downtown Chicago, Chicago, IL
Property

Retail

16,072 SF
Availability

3 Spaces

3,710 SF
For Lease Contact for pricing
View Details (opens in new window)
3244 - 3260 W. 55th St.

3244 - 3260 W. 55th St., Gage Park, Chicago, IL
Property

Retail

9,600 SF
Availability

1 Space

3,000 SF
Year Built

1967
For Lease Contact for pricing
View Details (opens in new window)
166 N Aberdeen Street

166 N Aberdeen Street, Fulton Market, Chicago, IL
Property

Retail
Availability

2 Spaces

3,505 SF
For Lease Contact for pricing
View Details (opens in new window)
1613 & 1617 N Damen Avenue

1613 & 1617 N Damen Avenue, Bucktown, Chicago, IL
Property

Retail
Availability

2 Spaces

5,420 SF
For Lease Contact for pricing
View Details (opens in new window)
1027 West Addison Street

1027 West Addison Street, Wrigleyville, Chicago, IL
Property

Retail

1,291 SF
Availability

1 Space

1,291 SF
For Lease

$75.00/SF/YR
View Details (opens in new window)
Chicago Building

2 South State Street, Chicago Loop, Chicago, IL
Property

Retail

8,860 SF
Availability

1 Space

5,300 SF
For Lease Contact for pricing
View Details (opens in new window)
Wintrust Arena/McCormick Place Retail For Lease

2135 S Michigan Avenue, South Loop, Chicago, IL
Property

Retail

350,000 SF
Availability

1 Space

3,363 SF
Year Built

2008
For Lease

$25.00/SF/YR
View Details (opens in new window)
407 S. Peoria St.

407 S. Peoria St., Near West Side, Chicago, IL
Property

Retail

6,000 SF
Availability

1 Space

6,000 SF
For Lease Contact for pricing
View Details (opens in new window)
2nd Generation Restaurant For Lease

306 S Halsted St, Greektown, Chicago, IL
Property

Retail

20,400 SF
Availability

1 Space

4,200 SF
Year Built

1926
For Lease

$26.00/SF/YR
View Details (opens in new window)
Clybourn Place

1836 N. Clybourn Ave, Ranch Triangle, Chicago, IL
Property

Retail

17,953 SF
Availability

1 Space

9,462 SF
For Lease Contact for pricing
View Details (opens in new window)

Retail Space Rents in Chicago, IL

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Chicago asks $27.73 per square foot.

Retail Space Lease Types in Chicago, IL

The most common type of lease agreement you’ll find here is NNN, with 215 space(s) available under this type of arrangement. The local market is also home to 63 retail space(s) offered under a Modified Gross lease agreement type, and 20 Full Service listing(s).

Most Common Type of Lease for Retail Buildings in Chicago, IL

NNN 215
Modified Gross 63
Full Service 20

Average Size of Retail Space for Lease in Chicago, IL

The average size for this type of rental opportunity in Chicago is 1,000 sqft to 2,500 sqft. Currently, the local market offers 316 listing(s) within that size range. You can also search 223 listing(s) in the 2,500 sqft to 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Chicago, IL

Retail space in Chicago comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Street Retail and you can find 88 such space(s) available.  

Street Retail spaces listed for rent here have an average size of 2,822 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.

The local market is also home to 24 space(s) listed as Restaurant. The average size you can expect to find for this category is 5,234 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Top Locations to Lease Retail Space in Chicago, IL

In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.

Chicago Loop is your top choice for lease opportunities, as it is currently home to the highest number of listings — 135 retail space(s). The most popular space type here is Street Retail. You can find 4 such listing(s) here.

Chicago’s second most popular area is Ford City, where you can find 56 retail listing(s).

Lakeview is also among the best areas to search for your next commercial space. Here you can find 53 retail space(s) available for consideration by prospective tenants, of which 9 are Street Retail.

Top Locations to Lease Retail Space in Chicago, IL

Chicago Loop

135

Ford City

56

Lakeview

53

South Loop

41

Near North Side Chicago

39

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

How much space do you think you will need? A smaller, more specialized business may find a mall space to be more than accommodating, but if you’re looking to set up a business like a diner, car wash, or furniture store, a freestanding space or big box retail space in a shopping center may be more appropriate.

Some properties also go the extra mile to become more environmentally friendly, which is often indicated by a LEED certification. The Chicago real estate market is home to 1 LEED-certified retail building(s). This kind of space represents 0.16% of the city’s total retail real estate.

Distribution of LEED-Certified Retail Properties in Chicago, IL

LEED Gold

1

Data based on retail spaces listed for rent on CommercialSearch.com

Other Popular Searches

Milwaukee Retail Space

78 listings
Naperville Retail Space

36 listings
Evanston Retail Space

27 listings
Aurora Retail Space

22 listings
South Bend Retail Space

20 listings
Riverside Retail Space

6 listings
Burbank Retail Space

3 listings

Popular Commercial Searches

Chicago Commercial Real Estate

1,600 listings
Milwaukee Commercial Real Estate

373 listings
Schaumburg Commercial Real Estate

131 listings
Naperville Commercial Real Estate

126 listings
Aurora Commercial Real Estate

120 listings
South Bend Commercial Real Estate

109 listings
Joliet Commercial Real Estate

90 listings
Orland Park Commercial Real Estate

67 listings
Arlington Heights Commercial Real Estate

66 listings
Skokie Commercial Real Estate

51 listings

Recent Retail Market News

DRA Advisors Sells Chicago-Area Retail Asset

Northpond Partners acquired the value-add property.

Core Acquisitions Pays $34M for Chicago-Area Shopping Center

Grosvenor sold the suburban nine-building property.

Wayfair Makes Foray Into Brick-and-Mortar Retail

The e-commerce specialist is expanding its multi-channel play with the opening of a 150,000-square-foot store.

FNRP Buys Grocery-Anchored Retail Asset Near Chicago

This was the company’s fourth off-market transaction this year.

NewMark Merrill Buys Chicago Shopping Center

This property is part of DRA Advisors’ recent selling streak.

About Us

CommercialSearch collaborates with highly respected major brokerages nationwide to provide frequently updated high-quality listings. Find all commercial property types on our marketplace, from office, coworking, retail, and industrial to special purpose properties.

CommercialSearch is a trusted Yardi listing service and an essential element of the fast-growing CommercialEdge network, which ranks on the 1st page of Google for all top markets across its multiple platforms, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts yearly.