Compared to the rest of the Chicagoland market, the The Loop region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 3021 listings have been made available, so you'll want to check back regularly for new listings. About 11% of the office spaces in the The Loop are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,510 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 23 stories. Most buildings in this area were built in 1929 and are Class B.
Real time and historical data on commercial real estate listings in The Loop.
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