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Chicago retail investment sales hold steady in 2025 as market finds its footing

Suburban submarkets lead activity as pricing holds firm
CoStar Analytics
February 20, 2026 | 4:35 P.M.

Chicago’s retail investment market demonstrated stability in 2025, with transaction volume reaching $3.2 billion, closely matching the $3.1 billion recorded in 2024. The consistency marks a notable improvement from 2023, when retail sales volume totaled $2.6 billion, and suggests that investor confidence has stabilized following several years of market recalibration.

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