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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

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

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

The Grove Office Park

185 – 2,954 SF

$400 – $4,400 /mo

Coworking General

Arlington Ridge

150 – 3,140 SF

$300 – $4,800 /mo

General

CoWorking at 444 N Wabash Ave

78 – 8,612 SF

$300 – $189,300 /mo

Coworking Creative

Streeterville Center

137 – 2,400 SF

- /mo

Medical

W Armitage Ave

3,300 SF

$9,600 /mo

General Storefront

Point Blvd

1,212 – 3,725 SF

$1,600 – $5,000 /mo

Coworking General

W State St

546 SF

$900 /mo

Storefront

Lin Lor Ln

678 – 3,199 SF

$800 – $4,000 /mo

General Medical

N Airlite St

796 – 12,973 SF

$1,000 – $21,100 /mo

Medical

McDonald Rd

1,244 – 1,790 SF

$2,000 – $2,900 /mo

General Medical

N Genesee St

1,316 – 12,982 SF

$1,600 – $10,800 /mo

General Restaurant

Maple Creek Dr

2,938 SF

$4,700 /mo

General

Haligus Rd

1,000 – 8,274 SF

- /mo

Medical

E Dempster St

237 – 12,000 SF

$300 – $16,000 /mo

General Medical

2003 W Fulton St

9,500 – 11,500 SF

$22,200 – $26,800 /mo

Creative General

Suite Rates in Chicago

Suite Sizes in Chicago

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES
Aurora	2,700	$1.24 / SF	48
Bolingbrook	3,100	$1.45 / SF	38
Boystown	1,900	$2.00 / SF	< 30
Central Loop	2,600	$3.04 / SF	1,013
Chinatown	3,200	$1.66 / SF	< 30
Cicero	6,300	$0.64 / SF	< 30
Darien	2,500	$1.59 / SF	425
Des Plaines	3,200	$1.48 / SF	44
Downers Grove	4,000	$1.57 / SF	< 30
East Loop	2,700	$2.50 / SF	548
East-West Corridor	2,400	$1.63 / SF	429
Elgin	1,900	$1.21 / SF	109
Elk Grove Village	3,300	$1.98 / SF	408
Evanston	1,400	$2.04 / SF	103
Fulton Market	4,900	$2.39 / SF	251
Glen Ellyn	1,800	$1.35 / SF	191
Goose Island	2,900	$1.83 / SF	44
Joliet	1,300	$1.49 / SF	30
Lake View East	3,900	$3.83 / SF	< 30
Lake Zurich	1,400	$1.40 / SF	< 30
Lincoln Park	2,700	$2.22 / SF	123
Little Italy	3,700	$1.26 / SF	< 30
Magnificent Mile	2,100	$2.57 / SF	394
McKinley Park	3,700	$1.26 / SF	< 30
Mokena	2,300	$1.45 / SF	53
Mount Prospect	1,800	$1.28 / SF	225
Naperville	2,400	$1.62 / SF	383
New East Side	2,900	$3.06 / SF	1,924
Niles	2,000	$1.62 / SF	452
North Michigan Ave	2,100	$3.25 / SF	212
North West Suburbs	2,400	$1.71 / SF	877
O'Hare	2,600	$1.66 / SF	596
Oak Lawn	3,100	$1.31 / SF	< 30
Oak Park	1,100	$1.89 / SF	30
Old Town	1,500	$2.42 / SF	< 30
Orland Park	1,900	$1.44 / SF	77
Plainfield	2,500	$1.25 / SF	31
Ranch Triangle	3,500	$2.33 / SF	< 30
River North	2,600	$2.77 / SF	727
Rockford	1,800	$1.16 / SF	98
Romeoville	3,300	$1.26 / SF	40
Rosemont	3,500	$2.33 / SF	< 30
Schaumburg	2,000	$1.61 / SF	583
Shorewood	1,900	$1.29 / SF	51
Streamwood	1,400	$1.50 / SF	328
Streeterville	2,400	$2.76 / SF	476
University Village	3,700	$1.26 / SF	< 30
Uptown	3,700	$1.26 / SF	< 30
West Loop	5,300	$3.27 / SF	459
Western Suburbs	1,900	$1.55 / SF	1,006
Westmont	2,100	$1.50 / SF	156
Wheaton	2,400	$1.60 / SF	535
Woodridge	2,800	$1.71 / SF	324

*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.