Downtown Chicago Sublease

Downtown Chicago

Office Space Market Report

Number of Listings (last 90 days)
371
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,590
As of: August 16, 2017

Downtown Chicago Rates

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

Downtown Chicago Listing Supply

In the last 90 days, 371 listings have been posted online, so you'll want to check back regularly for new listings. About 145% of the listings in the Downtown Chicago are subleases, so you might be able to find a shorter term or below market rent. 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 2,630 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 10 floors. Most buildings in this area 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