Downtown Chicago Office Space

Downtown Chicago

Office Space Market Report

Number of Listings (last 90 days)
371
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,710
As of: May 21, 2017

Downtown Chicago Rates

Compared to the rest of the Chicagoland market, the Downtown Chicago submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Downtown Chicago Listing Supply

In the last 90 days, 371 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the available space in the Downtown Chicago 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,670 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 11 floors. Most buildings in this market were built in 1929 and are Class B.

Downtown Chicago Community

Market Report

Trends and status of the commercial real estate market in Downtown Chicago.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Chicago.
Research