Family Office Briefing on research byLee & Associates·Oct 21, 2025
2025 Q3 Chicago, IL - Retail
Chicago retail market shows signs of softening in Q3 2025 — family offices should consider co-GP opportunities with experienced operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 4.95% |
| Net Absorption | 1,900,162SF |
| Average NNN Asking Rate | 21.86$/SF |
| Cap Rate | 7.97% |
Metrics extracted from the source report and independently fact-checked. Method →
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