Most listings are in the $30's per square foot per year. The The Loop region is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the Chicagoland market, the The Loop submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 223 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the listings in the The Loop are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,760 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 23 floors. Most buildings in this region were built in 1929 and are Class A.