The Loop Office Space

The Loop

Office Space Market Report

Number of Listings (last 90 days)
200
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,530
As of: May 28, 2017

The Loop Rates

Compared to the rest of the Chicagoland market, the The Loop region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

The Loop Listing Supply

In the last 90 days, 200 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the available leases in the The Loop are subleases, so you will probably have to focus your search on direct office leases. 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 2,580 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 23 floors. Most buildings in this market were built in 1929 and are Class B.

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