Chicago Office Space for Rent

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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.

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Popular Office Space in the Chicago Market

Suite Rates in Chicago

Suite Sizes in Chicago

Neighborhood Comparison

Neighborhood Average Available SQFT Average Rate / SQFT PER Month NUMBER OF AVAILABLE SUITES
Aurora 1,700 $1.56 / SF 73
Bolingbrook 2,500 $1.37 / SF 45
Boystown 1,200 - < 30
Central Loop 2,000 $2.41 / SF 1,054
Chinatown 3,200 $1.83 / SF < 30
Cicero 6,900 $1.08 / SF < 30
Darien 2,300 $1.53 / SF 499
Des Plaines 1,200 $1.37 / SF < 30
Downers Grove 2,900 $1.44 / SF < 30
East Loop 1,500 $2.82 / SF 644
East-West Corridor 2,500 $1.59 / SF 508
Elgin 2,000 $1.22 / SF 77
Elk Grove Village 2,600 $1.73 / SF 373
Evanston 1,200 $2.08 / SF 146
Fulton Market 3,100 $2.14 / SF 305
Glen Ellyn 2,000 $1.24 / SF 124
Goose Island 2,900 $2.55 / SF 83
Joliet 900 $1.51 / SF 43
Lake View East 1,200 $1.67 / SF < 30
Lake Zurich 1,200 $1.47 / SF < 30
Lincoln Park 1,500 $2.32 / SF 97
Little Italy - - < 30
Magnificent Mile 2,100 $2.24 / SF 409
McKinley Park 3,300 $1.56 / SF 30
Mokena 4,500 $1.39 / SF 31
Mount Prospect 1,900 $1.46 / SF 216
Naperville 2,200 $1.49 / SF 486
New East Side 2,100 $2.63 / SF 1,923
Niles 1,900 $1.64 / SF 488
North Michigan Ave 2,000 $1.87 / SF 286
North West Suburbs 2,300 $1.67 / SF 764
O'Hare 2,200 $1.74 / SF 583
Oak Lawn 16,000 $1.15 / SF < 30
Oak Park 1,000 $2.00 / SF 41
Old Town 4,600 $2.47 / SF < 30
Orland Park 1,800 $1.43 / SF 72
Plainfield 2,400 $1.25 / SF 39
Ranch Triangle 2,100 $2.67 / SF < 30
River North 2,300 $2.30 / SF 817
Rockford 1,800 $0.97 / SF 79
Romeoville 2,600 $1.33 / SF 43
Rosemont 2,100 $2.67 / SF < 30
Schaumburg 2,100 $1.57 / SF 493
Shorewood 1,100 $1.52 / SF 57
Streamwood 1,300 $1.25 / SF 216
Streeterville 2,100 $2.27 / SF 615
University Village - - < 30
Uptown - - < 30
West Loop 3,400 $2.46 / SF 469
Western Suburbs 2,000 $1.55 / SF 1,068
Westmont 1,900 $1.53 / SF 173
Wheaton 2,600 $1.56 / SF 582
Woodridge 2,600 $1.61 / SF 408
*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.

Select Local Brokerage Partners

Peter Billmeyer

Bespoke Commercial Real Estate

Sean Bostrom

Equity - Chicago

Dominick Cannata

Brookline Real Estate, LLC

Equity Chicago

Equity - Chicago

David EtsHokin

Tenant Advisors - Chicago

Julie Heidt

Equity - Chicago

Tom Koelzer

Tenant Advisors - Chicago

Clint Meranda

Equity - Chicago

Sean Murphy

Office Space Chicago, Inc.

Bob Palffy

Equity - Chicago

Christopher Rogala

Office Space Chicago, Inc.

Adam Roth

NAI Hiffman

Tim Ryan

@Properties

Steven Schoenbeck

The HON Company

Michael Vizzone

Tenant Advisors - Chicago


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