Chicago Office Space for Rent

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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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

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.

Office Location & Team


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Chicago Office Location

Chicago

363 W Erie St, Suite 135
Chicago, IL 60654
Phone: (312) 953-8490
Email: contactChicago@tenantbase.com
License #478.027177




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