Downtown Chicago Office Space

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101 W Grand Ave - Unit 403 Chicago, IL rental rate negotiable
Sep 05
1,300
sqft
Office
500 West Madison - Floor 6 West Loop, Chicago, IL occupancy: negotiable
Jul 17
15,480
sqft
Sublease Office
175 W Washington St - Space The Loop, Chicago, IL  
Jul 21
15,000
sqft
Office Retail Restaurant
353 N Clark St - Space Chicago, IL rate negotiable
Sep 23
6,450
sqft
Sublease Office
212 W Superior St - 4 Spaces Chicago, IL lease term may be extended to five years
Sep 22
2,860 - 8,360
sqft
Office
440 N Wells St - 3 Spaces Chicago, IL lease term may be extended to five years
Sep 22
550 - 5,550
sqft
Sublease Office
223 W Jackson Blvd - 2 Spaces Chicago, IL  
Sep 21
910 - 970
sqft
Office
134 N LaSalle St - 2 Spaces Chicago, IL  
Sep 21
530 - 940
sqft
Office
17 N State St - 2 Spaces Chicago, IL  
Sep 21
1,630 - 2,310
sqft
Office
70 W Hubbard St - Unit 205 Near North Side, Chicago, IL term negotiable
Sep 20
1,780
sqft
Office
125 S Wacker Dr - Unit 2840 The Loop, Chicago, IL 14 cubicles
Sep 20
8,520
sqft
Sublease Office
508 N Clark St - Unit 200N Chicago, IL Onsite Parking.
Sep 20
1,580
sqft
Office
500 N Dearborn St - 2 Spaces Chicago, IL term negotiable
Sep 20
2,910 - 4,550
sqft
Office
57 W Grand Ave - Unit 400 Building 57 Chicago, IL lease term negotiable
Sep 20
10,000
sqft
Office
1925 S Archer Ave - Space South Loop, Chicago, IL 11 foot ceiling height
Sep 20
2,230
sqft
Office Medical Retail
500 N Dearborn St - Unit 605 Chicago, IL lease rate negotiable
Sep 20
2,510
sqft
Sublease Office
800 S Wells St - Unit 170 (Floor 1) Chicago, IL  
Sep 14
3,350
sqft
Office
180 N Michigan Ave - Unit 1700 (Floor 17) Chicago, IL  
Sep 14
4,900
sqft
Office

Downtown Chicago

Market Report

Number of Listings
Posted in the last 90 days
371
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,790

Downtown Chicago Rates

On average, listings lease in the $30's per square foot per year. The Downtown Chicago region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

Compared to the rest of the Chicagoland market, the Downtown Chicago submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Downtown Chicago Listing Supply

In the last 90 days, 4677 listings have been posted online, so you'll want to check back regularly for new listings. About 11% of the listings in the Downtown Chicago are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,790 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 10 floors. Most buildings in this area were built in 1929 and are Class B.

Downtown Chicago Community

Market Data

Real time and historical data on commercial real estate listings in Downtown Chicago.
Research