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West Loop Commercial Real Estate For Lease

West Loop

Market Report

Number of Listings For Lease
Posted in the last 90 days
30
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
2,320

West Loop Commercial Real Estate

Find West 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 West Loop commercial real estate broker in West Loop's Top Broker Directory. Learn about West Loop commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Compared to the rest of the Chicagoland commercial real estate market, the West Loop region has greater rates for rent, and you may need to pay a premium to be in this hot region.

West Loop Listing Supply

In the last 90 days, 173 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the commercial real estate listings in the West Loop are subleases, so you will probably have to focus your search on direct leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,320 sqft. Most properties in this area are close to 16 floors. Most buildings in this region were built around 1947 and are Class A.

West Loop Community

This market is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst West Loop residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

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