Chicago has a long-established entrepreneurial ecosystem and is home to the second-largest central business district in the United States. Historically industries including commerce, technology, telecommunications and transportation have been major players in Chicago’s economy but a growing tech community is turning the city into a hub for innovation.
Tenants looking for class A commercial office space or creative office space have a wide variety of neighborhoods to choose from mostly oriented around the "loop" where most business addresses are located. However, the Northwest suburbs and East-West corridor provide large markets for commercial space outside the downtown core.
As for the city itself, it is often known as the best food city in America. Time Out Magazine went one step further and ranked it the best city in the world for having it all, 2 years in a row! Chicago has that perfect balance of a large city lifestyle, great transportation, food, culture, and overall happiness.
TenantBase is a technology enabled office space brokerage built specifically for tenants. We make the commercial office space search and lease process easier by combining our unique technology with experienced local commercial real estate advisors.
|Neighborhood||Average Available SQFT||Average Rate / SQFT PER Month||NUMBER OF AVAILABLE SUITES|
|Central Loop||300||$2.84 / SF||73|
|Des Plaines||-||-||< 30|
|Downers Grove||-||-||< 30|
|East Loop||100||$7.34 / SF||< 30|
|East-West Corridor||100||$8.52 / SF||< 30|
|Evanston||100||$7.47 / SF||< 30|
|Fulton Market||100||$5.71 / SF||< 30|
|Goose Island||100||$1.36 / SF||< 30|
|Lake View East||-||-||< 30|
|Lincoln Park||100||$1.36 / SF||< 30|
|Little Italy||-||-||< 30|
|Magnificent Mile||100||$7.09 / SF||38|
|Naperville||100||$9.01 / SF||< 30|
|New East Side||200||$3.90 / SF||115|
|North Michigan Ave||100||$10.06 / SF||< 30|
|North West Suburbs||100||$7.52 / SF||< 30|
|O'Hare||100||$8.18 / SF||< 30|
|Oak Lawn||-||-||< 30|
|Oak Park||-||-||< 30|
|Old Town||-||-||< 30|
|Orland Park||100||$7.50 / SF||< 30|
|Ranch Triangle||-||-||< 30|
|River North||100||$8.26 / SF||61|
|Schaumburg||100||$7.26 / SF||< 30|
|Streeterville||100||$9.71 / SF||< 30|
|University Village||-||-||< 30|
|West Loop||100||$8.43 / SF||37|
|Western Suburbs||200||$1.75 / SF||57|