South Loop Commercial Real Estate For Lease

South Loop

Market Report

Number of Listings For Lease
Posted in the last 90 days
30
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
1,500

South Loop Commercial Real Estate

Find South Loop commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a South Loop commercial real estate broker in South Loop's Top Broker Directory. Learn about South Loop commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

South Loop Rates

The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The South Loop submarket is going through a decrease in rates. In the last 3 months, the median rate for lease fell $1 per sqft per year.

Compared to the rest of the Chicagoland commercial real estate market, the South Loop region has higher rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.

South Loop Listing Supply

In the last 90 days, 276 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 1,500 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built close to 1928 and are Class B.

South Loop Community

Market Data

Real time and historical data on commercial real estate listings in South Loop.
Research