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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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

Franklin St

930 – 2,440 SF

$1,200 – $2,300 /mo

General Storefront

CoWorking at 444 W Lake St

50 – 100 SF

$200 – $1,000 /mo

Coworking

W State St

1,754 – 23,270 SF

$3,500 /mo

General Storefront

W State St

282 – 9,990 SF

$600 – $1,400 /mo

General

Rickert Dr

1,193 – 6,050 SF

$2,700 /mo

General Storefront

W State St

436 – 7,860 SF

$500 /mo

General

E Main St

1,374 – 4,022 SF

$1,700 – $6,400 /mo

General Medical

W State St

385 SF

$700 /mo

E Dempster St

300 – 18,452 SF

$400 – $24,600 /mo

General Medical

S 2nd Ave

275 – 5,700 SF

$600 /mo

General

The Main St Charles

3,100 – 350,000 SF

- /mo

General Storefront

CoWorking @ 909 Davis St

50 – 500 SF

$400 – $3,100 /mo

Coworking

Fox Valley Executive Center

257 – 2,320 SF

$500 – $4,300 /mo

General

Lisle Executive Center

480 – 22,790 SF

$900 – $30,300 /mo

Coworking General

The Grove Office Park

100 – 3,311 SF

$300 – $4,800 /mo

Coworking 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	2,100	$1.18 / SF	62
Bolingbrook	3,900	$1.46 / SF	40
Boystown	3,600	$3.52 / SF	< 30
Central Loop	2,900	$2.93 / SF	944
Chinatown	4,300	$1.65 / SF	< 30
Cicero	3,800	$2.66 / SF	< 30
Darien	2,700	$1.67 / SF	433
Des Plaines	4,500	$1.56 / SF	56
Downers Grove	3,400	$1.22 / SF	< 30
East Loop	2,600	$2.55 / SF	488
East-West Corridor	2,500	$1.80 / SF	418
Elgin	1,900	$1.31 / SF	110
Elk Grove Village	3,600	$1.99 / SF	404
Evanston	1,200	$1.70 / SF	123
Fulton Market	3,900	$2.72 / SF	215
Glen Ellyn	1,900	$1.40 / SF	216
Goose Island	2,500	$1.95 / SF	55
Joliet	1,300	$1.26 / SF	50
Lake View East	3,000	$2.90 / SF	47
Lake Zurich	1,500	$1.41 / SF	< 30
Lincoln Park	2,300	$2.47 / SF	148
Little Italy	-	-	< 30
Magnificent Mile	2,300	$2.89 / SF	320
McKinley Park	2,900	$1.30 / SF	37
Mokena	2,000	$1.08 / SF	35
Mount Prospect	2,200	$1.32 / SF	256
Naperville	2,100	$1.65 / SF	455
New East Side	2,900	$2.72 / SF	1,842
Niles	2,200	$1.60 / SF	508
North Michigan Ave	2,300	$3.18 / SF	190
North West Suburbs	2,800	$1.84 / SF	806
O'Hare	2,700	$1.62 / SF	649
Oak Lawn	2,500	$1.36 / SF	< 30
Oak Park	1,300	$1.95 / SF	< 30
Old Town	2,600	$2.25 / SF	< 30
Orland Park	1,700	$1.19 / SF	79
Plainfield	2,300	$1.16 / SF	44
Ranch Triangle	4,100	$2.33 / SF	< 30
River North	2,600	$2.89 / SF	558
Rockford	2,300	$1.07 / SF	92
Romeoville	4,100	$1.28 / SF	41
Rosemont	4,100	$2.33 / SF	< 30
Schaumburg	2,500	$1.77 / SF	495
Shorewood	1,600	$1.22 / SF	79
Streamwood	1,800	$1.51 / SF	308
Streeterville	2,600	$2.97 / SF	366
University Village	-	-	< 30
Uptown	-	-	< 30
West Loop	3,500	$3.12 / SF	473
Western Suburbs	1,800	$1.58 / SF	1,111
Westmont	1,800	$1.63 / SF	158
Wheaton	2,300	$1.65 / SF	551
Woodridge	2,900	$1.84 / SF	323

*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.