Chicago Retail Space for Rent

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Retail Space

Renting Retail Space in Chicago

The retail sector in Chicago demonstrates a nuanced demand profile, with 38.3% of prospective tenants seeking space for three years or less. Compared to office space, there is a larger cohort willing to commit longer: 30.3% are exploring 3–5 year leases, and 20.5% are open to terms exceeding five years. This bifurcation reflects the spectrum of retail users—from smaller experiential concepts testing new locations to more traditional operators establishing anchor presences.

Downtown areas and established neighborhood corridors like North Michigan Avenue and Logan Square continue to attract significant interest, though suburban retail hubs such as Glenview and Aurora also show momentum. These markets benefit from strong residential densities and shifting consumer patterns that favor local, accessible storefronts.

Chicago’s retail market is poised for continued strength, driven by a healthy mix of entrepreneurial activity and regional retail growth. The split between short-term and long-term interest suggests that businesses are using flexibility as a strategic tool to test and grow in diverse consumer environments.

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Popular Retail Space in the Chicago Market

N Rush St

1,243 – 2,519 SF

$13,200 – $22,500 /mo

Storefront

Hobson Shopping Center

1,175 – 3,000 SF

$1,600 – $3,600 /mo

General Storefront

N Michigan Ave

1,159 – 11,803 SF

$16,400 – $48,400 /mo

General Storefront

Second Generation Restaurant Space at the Base of Atwater Apartments in Chicago's Streeterville Neighborhood

1,062 SF

- /mo

Storefront

Restaurant Space For Lease

960 SF

$5,000 /mo

Restaurant

W Institute Pl

2,633 – 4,883 SF

$2,600 – $3,700 /mo

Creative

N Milwaukee Ave

1,453 SF

$1,800 /mo

Storefront

Old Lagrange Rd

3,156 – 24,197 SF

$2,100 – $30,200 /mo

Storefront Warehouse

N Milwaukee Ave

181 – 3,600 SF

$500 – $10,900 /mo

General Storefront

2031 N Damen Bucktown, Chicago, IL 60647

1,275 SF

$2,300 /mo

General Medical Storefront

1429 N Sedgwick - 650 SF Ground Floor Commercial

650 SF

$800 /mo

Storefront

FOR LEASE | River Forest Retail/Office/Medical Suites

465 – 4,100 SF

$700 – $8,500 /mo

General Medical Storefront

Madison Franklin Retail Plaza

500 – 1,000 SF

$900 – $1,800 /mo

Storefront

3501 N Southport Avenue

1,250 SF

- /mo

Storefront

W Monroe St

586 – 38,414 SF

$1,700 – $112,000 /mo

General Storefront

Suite Rates in Chicago

Suite Sizes in Chicago

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES
Aurora	1,800	$1.64 / SF	51
Bolingbrook	1,600	$1.71 / SF	43
Boystown	1,900	$3.05 / SF	< 30
Central Loop	2,100	$2.40 / SF	740
Chinatown	2,100	$2.02 / SF	< 30
Cicero	1,400	$1.85 / SF	< 30
Darien	1,800	$1.40 / SF	161
Des Plaines	1,500	$1.75 / SF	44
Downers Grove	2,900	$1.25 / SF	< 30
East Loop	1,900	$2.48 / SF	407
East-West Corridor	2,000	$1.55 / SF	97
Elgin	1,700	$1.90 / SF	< 30
Elk Grove Village	1,600	$1.39 / SF	102
Evanston	2,000	$2.06 / SF	148
Fulton Market	4,300	$2.56 / SF	192
Glen Ellyn	1,900	$1.75 / SF	70
Goose Island	5,200	$2.39 / SF	38
Joliet	1,600	$1.33 / SF	33
Lake View East	1,800	$2.75 / SF	61
Lake Zurich	1,300	$1.75 / SF	< 30
Lincoln Park	1,900	$2.69 / SF	208
Little Italy	2,300	$2.67 / SF	< 30
Magnificent Mile	2,600	$2.40 / SF	338
McKinley Park	2,300	$1.84 / SF	51
Mokena	1,600	$1.20 / SF	41
Mount Prospect	1,600	$1.54 / SF	171
Naperville	1,900	$1.61 / SF	129
New East Side	2,500	$2.47 / SF	1,170
Niles	2,100	$1.97 / SF	264
North Michigan Ave	2,900	$2.83 / SF	232
North West Suburbs	2,100	$1.49 / SF	218
O'Hare	1,700	$1.72 / SF	344
Oak Lawn	2,900	$1.61 / SF	< 30
Oak Park	2,000	$1.93 / SF	31
Old Town	2,500	$2.53 / SF	35
Orland Park	1,700	$1.31 / SF	116
Plainfield	1,700	$1.58 / SF	54
Ranch Triangle	3,300	$2.45 / SF	< 30
River North	2,900	$2.37 / SF	582
Rockford	2,100	$0.82 / SF	< 30
Romeoville	2,700	$1.51 / SF	< 30
Rosemont	3,300	$2.45 / SF	< 30
Schaumburg	2,200	$1.58 / SF	168
Shorewood	1,500	$1.32 / SF	51
Streamwood	1,600	$1.32 / SF	130
Streeterville	2,700	$2.43 / SF	411
University Village	2,300	$2.67 / SF	< 30
Uptown	2,300	$2.67 / SF	< 30
West Loop	4,400	$2.98 / SF	228
Western Suburbs	1,800	$1.55 / SF	596
Westmont	1,700	$1.62 / SF	44
Wheaton	1,800	$1.59 / SF	114
Woodridge	2,000	$1.55 / SF	89

*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.