The Loop Industrial

We couldn't find any industrial spaces for Lease and Sublease

The Loop

Office Space Market Report

Number of Listings (last 90 days)
213
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
3,589
As of: December 4, 2016

The Loop Rates

Most listings are in the $30's per square foot per year. The The Loop submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the Chicagoland market, the The Loop region has higher rates, and you'll need to pay a premium to be in this hot region.

The Loop Listing Supply

In the last 90 days, 213 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the listings in the The Loop are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,589 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 24 stories. Most buildings in this region were built in 1929 and are Class A.

The Loop Community

Market Report

Trends and status of the commercial real estate market in The Loop.
Market Report

Market Data

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