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 $1.55 / SF 75
Bolingbrook 2,100 $1.40 / SF 48
Boystown 1,200 - < 30
Central Loop 2,100 $2.47 / SF 1,089
Chinatown 3,300 $1.81 / SF < 30
Cicero 6,900 $1.08 / SF < 30
Darien 2,200 $1.55 / SF 527
Des Plaines 1,900 $1.60 / SF 54
Downers Grove 800 $1.43 / SF < 30
East Loop 1,500 $2.85 / SF 636
East-West Corridor 2,300 $1.59 / SF 556
Elgin 2,000 $1.22 / SF 75
Elk Grove Village 2,400 $1.75 / SF 431
Evanston 1,200 $2.06 / SF 150
Fulton Market 3,100 $2.17 / SF 314
Glen Ellyn 2,000 $1.31 / SF 123
Goose Island 2,900 $2.68 / SF 63
Joliet 1,000 $1.49 / SF 49
Lake View East 1,200 $1.67 / SF < 30
Lake Zurich 1,300 $1.33 / SF < 30
Lincoln Park 1,600 $2.33 / SF 80
Little Italy - - < 30
Magnificent Mile 2,300 $2.31 / SF 411
McKinley Park 3,100 $1.59 / SF 31
Mokena 4,000 $1.45 / SF 34
Mount Prospect 2,000 $1.49 / SF 253
Naperville 2,200 $1.48 / SF 504
New East Side 2,200 $2.64 / SF 1,972
Niles 1,800 $1.68 / SF 556
North Michigan Ave 2,200 $1.87 / SF 277
North West Suburbs 2,400 $1.63 / SF 763
O'Hare 1,800 $1.72 / SF 669
Oak Lawn 1,800 $1.51 / SF < 30
Oak Park 800 $1.98 / SF 51
Old Town 4,600 $2.58 / SF < 30
Orland Park 1,800 $1.47 / SF 83
Plainfield 1,400 $1.27 / SF 54
Ranch Triangle 3,800 $2.67 / SF < 30
River North 2,400 $2.35 / SF 832
Rockford 2,200 $1.10 / SF 69
Romeoville 2,700 $1.36 / SF 49
Rosemont 3,800 $2.67 / SF < 30
Schaumburg 2,500 $1.56 / SF 488
Shorewood 1,300 $1.51 / SF 68
Streamwood 1,600 $1.28 / SF 260
Streeterville 2,200 $2.31 / SF 630
University Village - - < 30
Uptown - - < 30
West Loop 3,600 $2.49 / SF 498
Western Suburbs 2,000 $1.54 / SF 1,130
Westmont 1,600 $1.51 / SF 208
Wheaton 2,800 $1.60 / SF 561
Woodridge 2,600 $1.60 / SF 410
*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

Equity Chicago

Equity - Chicago

Paul Grill

@Properties

Nate Grill

@Properties

Kelsey Gross

Brookline Real Estate, LLC

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


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