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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

N Laramie Ave

850 SF

$1,200 /mo

General Storefront

Lin Lor Ln

678 – 3,199 SF

$1,100 – $5,200 /mo

General Medical

N Airlite St

796 – 12,973 SF

$1,300 – $21,100 /mo

Medical

McDonald Rd

1,244 – 1,790 SF

$2,000 – $2,900 /mo

General Medical

Haligus Rd

2,311 – 8,274 SF

- /mo

General 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

CoWorking @ 909 Davis St

50 – 500 SF

$400 – $3,100 /mo

Coworking

Fox Valley Executive Center

297 – 1,510 SF

$600 – $3,000 /mo

General

Lisle Executive Center

547 – 28,680 SF

$1,000 – $14,300 /mo

Coworking General

The Grove Office Park

210 – 2,660 SF

$400 – $3,900 /mo

General

Arlington Ridge

150 – 3,140 SF

$300 – $4,800 /mo

General

One Century Centre

230 – 7,270 SF

$400 – $13,300 /mo

General

Executive Suites at 330 N Wabash

50 – 400 SF

$400 – $2,700 /mo

Coworking

CoWorking at 515 N State St

50 – 400 SF

$400 – $2,600 /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	3,000	$1.25 / SF	38
Bolingbrook	2,800	$1.46 / SF	37
Boystown	1,900	$2.00 / SF	< 30
Central Loop	2,600	$3.07 / SF	960
Chinatown	3,100	$1.63 / SF	< 30
Cicero	5,500	$1.96 / SF	< 30
Darien	2,500	$1.59 / SF	420
Des Plaines	3,600	$1.47 / SF	40
Downers Grove	3,700	$1.37 / SF	< 30
East Loop	2,700	$2.46 / SF	512
East-West Corridor	2,300	$1.64 / SF	414
Elgin	1,800	$1.20 / SF	116
Elk Grove Village	3,500	$1.96 / SF	392
Evanston	1,400	$2.14 / SF	102
Fulton Market	4,100	$2.53 / SF	217
Glen Ellyn	1,900	$1.35 / SF	187
Goose Island	3,400	$1.82 / SF	39
Joliet	1,100	$1.49 / SF	32
Lake View East	3,900	$2.06 / SF	< 30
Lake Zurich	1,600	$1.39 / SF	< 30
Lincoln Park	3,200	$2.33 / SF	119
Little Italy	2,600	$1.26 / SF	< 30
Magnificent Mile	2,200	$2.61 / SF	347
McKinley Park	2,600	$1.26 / SF	< 30
Mokena	2,300	$1.69 / SF	47
Mount Prospect	1,800	$1.28 / SF	231
Naperville	2,400	$1.66 / SF	362
New East Side	2,900	$3.08 / SF	1,832
Niles	2,000	$1.60 / SF	445
North Michigan Ave	2,300	$3.56 / SF	190
North West Suburbs	2,500	$1.71 / SF	856
O'Hare	2,600	$1.66 / SF	591
Oak Lawn	3,300	$1.67 / SF	< 30
Oak Park	1,200	$1.94 / SF	< 30
Old Town	5,300	$2.27 / SF	< 30
Orland Park	1,900	$1.43 / SF	84
Plainfield	2,500	$1.28 / SF	31
Ranch Triangle	3,500	$2.33 / SF	< 30
River North	2,800	$2.82 / SF	653
Rockford	2,200	$0.98 / SF	61
Romeoville	3,000	$1.28 / SF	39
Rosemont	3,500	$2.33 / SF	< 30
Schaumburg	2,300	$1.61 / SF	560
Shorewood	1,900	$1.29 / SF	52
Streamwood	1,400	$1.38 / SF	286
Streeterville	2,800	$2.89 / SF	425
University Village	2,600	$1.26 / SF	< 30
Uptown	2,600	$1.26 / SF	< 30
West Loop	5,200	$3.35 / SF	468
Western Suburbs	2,000	$1.53 / SF	955
Westmont	1,800	$1.57 / SF	151
Wheaton	2,600	$1.60 / SF	503
Woodridge	2,800	$1.67 / SF	326

*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.