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 1,800 $1.57 / SF 69
Bolingbrook 1,900 $1.40 / SF 48
Boystown 1,200 - < 30
Central Loop 2,100 $2.42 / SF 1,069
Chinatown 3,300 $1.67 / SF 30
Cicero 6,900 $1.08 / SF < 30
Darien 2,100 $1.55 / SF 529
Des Plaines 2,100 $1.26 / SF 38
Downers Grove 800 $1.43 / SF < 30
East Loop 1,500 $2.82 / SF 646
East-West Corridor 2,300 $1.59 / SF 542
Elgin 2,000 $1.22 / SF 76
Elk Grove Village 2,600 $1.74 / SF 392
Evanston 1,100 $2.06 / SF 145
Fulton Market 3,200 $2.11 / SF 302
Glen Ellyn 1,900 $1.28 / SF 122
Goose Island 2,900 $2.65 / SF 63
Joliet 1,000 $1.47 / SF 47
Lake View East 1,200 $1.67 / SF < 30
Lake Zurich 1,300 $1.32 / SF < 30
Lincoln Park 1,500 $2.32 / SF 78
Little Italy - - < 30
Magnificent Mile 2,100 $2.25 / SF 414
McKinley Park 3,400 $1.45 / SF 31
Mokena 4,400 $1.43 / SF 30
Mount Prospect 2,000 $1.43 / SF 236
Naperville 2,200 $1.48 / SF 495
New East Side 2,100 $2.63 / SF 1,950
Niles 1,900 $1.63 / SF 513
North Michigan Ave 2,000 $1.87 / SF 285
North West Suburbs 2,300 $1.64 / SF 793
O'Hare 2,100 $1.72 / SF 596
Oak Lawn 1,800 $1.51 / SF < 30
Oak Park 1,000 $2.00 / SF 41
Old Town 4,600 $2.47 / SF < 30
Orland Park 1,900 $1.44 / SF 80
Plainfield 1,300 $1.26 / SF 52
Ranch Triangle 2,500 $2.67 / SF < 30
River North 2,300 $2.31 / SF 832
Rockford 2,200 $0.92 / SF 69
Romeoville 2,500 $1.34 / SF 44
Rosemont 2,500 $2.67 / SF < 30
Schaumburg 2,300 $1.58 / SF 519
Shorewood 1,300 $1.49 / SF 64
Streamwood 1,600 $1.25 / SF 248
Streeterville 2,100 $2.28 / SF 632
University Village - - < 30
Uptown - - < 30
West Loop 3,500 $2.44 / SF 492
Western Suburbs 2,000 $1.54 / SF 1,108
Westmont 1,600 $1.52 / SF 202
Wheaton 2,600 $1.60 / SF 589
Woodridge 2,400 $1.60 / SF 425
*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

Nate Grill

@Properties

Julie Heidt

Equity - Chicago

Clint Meranda

Equity - Chicago

Sean Murphy

Office Space Chicago, Inc.

Bob Palffy

Equity - Chicago

Michael Pink

MAP Real Estate, Inc.

Christopher Rogala

Office Space Chicago, Inc.

Tim Ryan

@Properties

Steven Schoenbeck

The HON Company


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