Chicago Office Space for Rent

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Address: 363 W Erie St, Suite 135, Chicago, IL, 60654
Telephone: (312) 525-8480

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Office Space

Renting Office Space in Chicago

River North and the West Loop feature some of the most enviable office locations in Chicago. The office space in River North is primarily Class A+, loft space, and coworking space that averages 5,000 SF. Median rents are approximately $35/SF in older buildings as much of the new construction focuses on low to mid-rise, high-end residential properties. There is also a growing availability of first-floor retail space in much of the new construction. West End properties feature office space that ranges from smaller facilities to expansive 500,000 SF spaces. Rents average $40 SF for older properties and $75 SF gross for higher-end newer construction. Price points have risen dramatically in the last few years as vacancy rates have dwindled down to single digits. Parking in this professional area is in-building and runs expensive relative to other areas in Chicago.

About TenantBase

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.

Popular Office Space in the Chicago Market

CoWorking at 1 W Monroe

50 – 600 SF

$200 – $2,800 /mo

Coworking

Offices & Coworking at 1 South Wacker Drive

40 – 150 SF

$100 – $2,200 /mo

Coworking

CoWorking at 444 W Lake St

50 – 100 SF

$200 – $1,000 /mo

Coworking

E Dempster St

300 – 18,452 SF

$400 – $24,600 /mo

General Medical

CoWorking @ 909 Davis St

50 – 500 SF

$400 – $3,100 /mo

Coworking

Fox Valley Executive Center

257 – 2,315 SF

$500 – $4,000 /mo

General

Lisle Executive Center

475 – 22,792 SF

$1,000 – $30,300 /mo

Coworking General

The Grove Office Park

102 – 3,311 SF

$200 – $4,800 /mo

Coworking General

Arlington Ridge

192 – 14,261 SF

$300 – $19,000 /mo

General

One Century Centre

330 – 34,673 SF

$600 – $57,500 /mo

General

Executive Suites at 330 N Wabash

50 – 400 SF

$400 – $2,600 /mo

Coworking

CoWorking at 515 N State St

50 – 600 SF

$400 – $3,400 /mo

Coworking

CoWorking at 332 S Michigan Ave

50 – 600 SF

$300 – $3,100 /mo

Coworking

CoWorking at 125 S Clark St

50 – 600 SF

$400 – $2,800 /mo

Coworking

CoWorking at 20 W Kinzie

50 – 600 SF

$400 – $3,100 /mo

Coworking

Suite Rates in Chicago

Suite Sizes in Chicago

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES
Aurora	2,600	$1.15 / SF	54
Bolingbrook	2,500	$1.34 / SF	< 30
Boystown	2,800	$3.47 / SF	< 30
Central Loop	3,000	$2.88 / SF	928
Chinatown	4,200	$1.66 / SF	< 30
Cicero	1,900	$2.66 / SF	< 30
Darien	2,200	$1.65 / SF	400
Des Plaines	4,000	$1.60 / SF	59
Downers Grove	4,100	$1.38 / SF	< 30
East Loop	2,500	$2.55 / SF	523
East-West Corridor	2,300	$1.81 / SF	409
Elgin	2,100	$1.24 / SF	129
Elk Grove Village	3,500	$1.93 / SF	415
Evanston	1,400	$1.62 / SF	134
Fulton Market	3,900	$2.62 / SF	200
Glen Ellyn	1,800	$1.39 / SF	189
Goose Island	2,400	$2.18 / SF	43
Joliet	1,300	$1.20 / SF	42
Lake View East	1,700	$2.38 / SF	42
Lake Zurich	1,400	$1.41 / SF	< 30
Lincoln Park	2,000	$2.51 / SF	129
Little Italy	-	-	< 30
Magnificent Mile	2,100	$2.72 / SF	298
McKinley Park	3,000	$1.30 / SF	34
Mokena	1,800	$1.89 / SF	< 30
Mount Prospect	1,900	$1.25 / SF	265
Naperville	2,100	$1.66 / SF	449
New East Side	3,000	$2.80 / SF	1,805
Niles	2,100	$1.63 / SF	518
North Michigan Ave	2,400	$2.64 / SF	174
North West Suburbs	2,400	$1.78 / SF	879
O'Hare	3,100	$1.73 / SF	643
Oak Lawn	2,500	$1.36 / SF	< 30
Oak Park	1,400	$2.12 / SF	< 30
Old Town	2,600	$2.25 / SF	< 30
Orland Park	1,800	$1.42 / SF	75
Plainfield	1,600	$1.13 / SF	48
Ranch Triangle	3,800	$2.33 / SF	< 30
River North	2,500	$2.78 / SF	545
Rockford	2,300	$0.64 / SF	93
Romeoville	3,500	$1.24 / SF	36
Rosemont	3,800	$2.33 / SF	< 30
Schaumburg	2,000	$1.69 / SF	588
Shorewood	1,700	$1.08 / SF	69
Streamwood	1,500	$1.41 / SF	347
Streeterville	2,500	$2.74 / SF	348
University Village	-	-	< 30
Uptown	-	-	< 30
West Loop	3,500	$3.00 / SF	496
Western Suburbs	1,700	$1.59 / SF	1,067
Westmont	1,800	$1.58 / SF	164
Wheaton	2,200	$1.70 / SF	512
Woodridge	2,800	$1.89 / SF	313

*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.