Chicago

Name: TenantBase
Address: 363 W Erie St, Suite 135, Chicago, IL, 60654
Telephone: (312) 953-8490

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 332 S Michigan

50 – 600 SF

$300 – $3,100 /mo

Executive Suite Coworking

CoWorking at 300 N LaSalle

50 – 100 SF

$200 – $1,000 /mo

Executive Suite Coworking

CoWorking @ 1720 W Division

50 – 500 SF

$300 – $1,400 /mo

Executive Suite Coworking

CoWorking at 515 N State

50 – 600 SF

$400 – $3,400 /mo

Executive Suite Coworking

CoWorking at 1 W Monroe

50 – 600 SF

$300 – $2,800 /mo

Executive Suite Coworking

The Grove Office Park

102 – 5,050 SF

$200 – $7,700 /mo

Executive Suite Coworking Traditional

CoWorking at 444 W Lake St

50 – 100 SF

$200 – $1,000 /mo

Executive Suite Coworking

Lisle Executive Center

475 – 27,626 SF

$1,000 – $51,800 /mo

Traditional

One Century Centre

287 – 20,423 SF

$600 – $33,900 /mo

Traditional

CoWorking at 1165 N Clark

50 – 500 SF

$300 – $1,400 /mo

Executive Suite Coworking

CoWorking at 600 W jackson

50 – 500 SF

$300 – $1,700 /mo

Executive Suite Coworking

Arlington Ridge

166 – 14,261 SF

$300 – $19,000 /mo

Traditional

CoWorking at 155 N Wacker

50 – 100 SF

$200 – $1,000 /mo

Executive Suite Coworking

CoWorking @ 320 W Ohio

50 – 500 SF

$400 – $2,100 /mo

Executive Suite Coworking

CoWorking at 20 W Kinzie

50 – 600 SF

$400 – $3,100 /mo

Executive Suite 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	2,900	$1.31 / SF	< 30
Bolingbrook	1,500	$1.46 / SF	< 30
Boystown	2,400	$3.47 / SF	< 30
Central Loop	2,900	$2.92 / SF	906
Chinatown	5,600	$1.74 / SF	< 30
Cicero	4,000	-	< 30
Darien	2,600	$1.86 / SF	290
Des Plaines	3,200	$1.62 / SF	33
Downers Grove	3,800	$1.12 / SF	< 30
East Loop	2,700	$2.51 / SF	538
East-West Corridor	2,600	$1.96 / SF	320
Elgin	2,300	$1.32 / SF	86
Elk Grove Village	2,900	$1.95 / SF	379
Evanston	1,100	$1.36 / SF	122
Fulton Market	4,400	$2.65 / SF	163
Glen Ellyn	2,000	$1.33 / SF	93
Goose Island	1,700	$2.36 / SF	38
Joliet	700	$1.34 / SF	35
Lake View East	1,400	$2.21 / SF	35
Lake Zurich	1,400	$1.40 / SF	< 30
Lincoln Park	1,300	$2.47 / SF	82
Little Italy	-	-	< 30
Magnificent Mile	1,600	$2.71 / SF	270
McKinley Park	3,000	$1.19 / SF	32
Mokena	1,800	$1.32 / SF	< 30
Mount Prospect	1,700	$1.21 / SF	257
Naperville	2,100	$1.84 / SF	345
New East Side	3,200	$2.85 / SF	1,807
Niles	1,500	$1.54 / SF	557
North Michigan Ave	1,900	$3.05 / SF	192
North West Suburbs	2,500	$1.76 / SF	884
O'Hare	2,500	$1.74 / SF	605
Oak Lawn	2,500	$1.36 / SF	< 30
Oak Park	1,700	$1.94 / SF	< 30
Old Town	2,200	$1.92 / SF	< 30
Orland Park	1,600	$1.46 / SF	44
Plainfield	2,700	$0.98 / SF	< 30
Ranch Triangle	2,400	$2.37 / SF	< 30
River North	2,200	$2.83 / SF	520
Rockford	2,300	$0.64 / SF	89
Romeoville	3,400	$1.34 / SF	< 30
Rosemont	2,400	$2.37 / SF	< 30
Schaumburg	2,600	$1.67 / SF	495
Shorewood	1,200	$1.31 / SF	56
Streamwood	2,200	$1.35 / SF	234
Streeterville	2,200	$2.80 / SF	361
University Village	-	-	< 30
Uptown	-	-	< 30
West Loop	5,400	$3.22 / SF	473
Western Suburbs	1,900	$1.75 / SF	778
Westmont	2,000	$1.74 / SF	130
Wheaton	2,500	$1.90 / SF	401
Woodridge	3,500	$1.99 / SF	235

*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.