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The Chicago office space market is huge and is the 2nd largest office market in the US. The Chicago CBD area contains approximately 130 Million sq. ft. of office space and the nearby suburban markets adding another 110 Million sq. ft. With nearly 240 million square feet of office space, one of the biggest problems for office users in Chicago is an over-abundance of choices. Chicago Office spaces are available in all sizes ranging from serviced executive suites to large office buildings in a myriad of sub markets. It is not an easy task to locate and negotiate for your new offices.
That is where the services of a good office tenant rep comes in. Our local Chicago tenant reps know the market thoroughly and will leave no opportunities unidentified. We have extensive expertise in helping businesses locate and negotiate the perfect office space in most Chicago area neighborhoods and sub markets. If you would like to ensure you are making the right decision regarding your office space, fill out the request form at the top of this page, tell us what you are looking for; what your goals are and we will have one of our top LOCAL Chicago office tenant reps contact you immediately. There is no cost for our service or the service of our reps. It is a totally free service for you. It is a no lose proposition.
Chicago has one of the largest and most diversified economies in the world. Over 400 major corporations choose to have their headquarter offices located there, including 31 of the Fortune 500. It has a great business environment for companies of all sizes and types. Here is information on some of the major Chicago Office Sub-markets you might consider locating in:
Chicago Central Loop Office Market
There are all types of businesses in Central Loop. Many business owners lease office space in the high rises scattered throughout the Loop while others have one-level storefronts right there on the city streets for clients and customers to have easy access to. The market is made up of primarily large high-rise building. Small professional businesses to large corporations call Central Loop home. Some rent the commercial office space while others choose to own the property.
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Chicago East Loop Office Market
The Loop is a downtown part of Chicago known for its multitude of businesses, residential condos, and high class dining establishments and shopping options galore. East Loop is one portion of the The Loop which also has all of these great establishments and amenities for business owners, employees who work in The Loop and individuals who live there to enjoy. Commercial office space is plentiful and businesses open up quite frequently in East Loop due to the many commercial opportunities present there. There are all different types of businesses located in the East Loop section of Chicago. From fitness chains such as L.A. Fitness to Groupon, the famous online coupon company, businesses certainly make their mark here. There are also plentiful retailers, restaurants and service providers who have bought or leased commercial office space in East Loop. The market is made up of residential, retail but limited office buildings. Practically every type of business owner imaginable has found that the lucrative location of East Loop is ideal for their business needs.
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Chicago East West Tollway Office Market
The East-West Corridor of Chicago is continually being developed and offers many different commercial office space leasing options to choose from, no matter what your business genre may be. This suburban locale is attractive for many reasons, one being the close proximity to Chicago. Business owners can open up their business doors in a suburban locale such as the East-West Corridor but have easy access to and from the city. This market is made up of both high rise, and single-story buildings. This means that not only can your employees get to you with ease but so can your customers as well. Restaurants, retail shops, sole practitioners and large corporations all call the East-West Corridor their commercial home. Leasing office space in any of the aforementioned Chicago suburban office markets is a smart move. These locations provide you with easy access to Chicago but a suburban feel which is perfect for businesses of all sizes and varieties.
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LaSalle Street Office Market
With its locale in the financial district of Chicago, business owners who choose the LaSalle Street area for their office space leasing needs will be in good company. Businesses such as retail stores, restaurants, professional offices, financial companies and more line both sides of LaSalle Street. The array of business offerings on LaSalle Street add an eclectic feel to this area and make this location a popular one for customers and clientele. This area is made up of primarily large high rise buildings.
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Chicago North Michigan Avenue Office Market
Business owners who like to operate their companies and corporations in the main hub locale of Chicago often choose the North Michigan Avenue area. The North Michigan Avenue area, also known as the Magnificent Mile, is filled with every type of business one could imagine. From small professional offices to large hotel chains, the Magnificent Mile has it all. When searching for office space to lease in Chicago, the North Michigan Avenue area is a good place to look. In this area you have many amenities close by and clients are able to reach your leased commercial office space with ease. This area is made up of primarily large high rise buildings. Choosing office space to lease in the North Michigan Avenue area is a great option for those business owners who want their company to be in the heart of the city and want plenty of amenities to be right there alongside of them. So many businesses in the Chicago-area have leased commercial office space on North Michigan Avenue. There are also plenty of smaller businesses operating out of North Michigan Avenue buildings including the Wrigley Building and John Hanco*ck Center.
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Chicago River North Office Market
The River North is another popular downtown Chicago office market. This area is sectioned between Chicago Avenue, State and the Chicago River. Likened to New York’s SoHo, River North is a popular art locale where galleries and unique shops fill the streets. This market is made up of loft, and high rise building and home to many technology startups. Although largely art-related, many other businesses have opened up their doors in River North such as furniture stores, clothing boutiques and more.
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Chicago South Loop Office Market
South Loop is sectioned in between the streets of Jackson, Roosevelt, Michigan and the Chicago River. Filled with residential options such as condominiums and lofts as well as commercial office space for those who want to lease or buy, South Loop is a great spot for residential and commercial reasons alike. This area is mostly residential and smaller office buildings. From small boutiques to large restaurants, South Loop can accommodate all types of business owners.
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Chicago West Loop Office Market
West Loop is a central downtown Chicago area nestled in between Lake Street, Eisenhower Expressway, Kennedy Expressway and Ashland. The West Loop area has both residential buildings and commercial establishments within its borders. Whether your business is a restaurant, art gallery or retail shop, you are bound to feel at home in West Loop.
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As well as the many other Suburban Markets
Chicago Northern Suburbs Office Market
The North Suburban area of Chicago is a location which includes towns such as Prospect Heights, Des Plaines and Mount Prospect. In all of these towns you will find excellent accommodations, dining options and, of course, a wide array of businesses. This market is made up of primarily residential, industrial and multi-story buildings. Prospect Heights has popular destinations such as the Prospect Heights Park District and the Rob Roy Golf Course. Those with businesses in Mount Prospect will have neighbors like the River Trails Park District and the Northwest Symphony Orchestra. If opening up a business or relocating your company to Des Plaines, there are plenty of restaurants such as Cuzzin’s Restaurant and Taco Village nearby including other area businesses including medical offices, legal offices, architects, retail shops and more.
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Chicago NW Suburbs Office Market
Business owners and company officials searching for ideal Chicago suburban office markets often find themselves headed to the Northwest suburban region of Chicago. Towns including Schaumburg, Buffalo Grove and Arlington Heights comprise the Northwest suburban Chicago area and offer a variety of residential and commercial options. The intermingling of residential and commercial buildings offer a place for business owners to open up shop as well as plenty of customers to utilize the various business offerings.
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Chicago O’Hare Office Market
The O’Hare suburban area has a few different towns within it including Elk Grove Village, Northlake, Schiller Park, Bensenville, Rosemont and Franklin Park. These towns surround the Chicago O’Hare Airport and provide residents and business owners with a taste of the city outside of the city limits. Various offices as well as industrial complexes intermingle with smaller companies in the O’Hare suburban area. This market is primarily made up of industrial building. Residential housing mixes in with the commercial buildings making for a diverse suburban Chicago locale which draws in business owners as well as customers from the surrounding areas.
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Also:
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Executive Suite Office Space For Rent -Chicago
If your business has less than 5 employees, an executive office space my work well for you. Many smaller companies looking to find Chicago office space or in the surrounding submarkets, find an executive Suite office space may be a good option to meet your office space needs. OfficeFinder offers a comprehensive list of options by submarket in Chicago that will allow you the flexibility desired by many small businesses. Office rentals terms can be had anywhere from month-to-month to annual terms. An executive suite also includes the access to administrative assistance on an on-demand basis, along with conference rooms and office equipment such as copy machines, scanners and Wi-Fi Internet access.
Chicago Office Space For Sale
In addition, we also can help you when it comes to finding office space for sale. Our local reps maintain current listing databases of office properties for sale. Whether you are looking for a free standing office building, an office condo or a medical office for sale, our local agents can help with their market knowledge and experience. This is all at no cost to you. With many years of experience, they will ensure you have all of the information you need to make a good decision. They can also help you with deciding whether leasing or buying office space in Chicago would be in your best interest.
If you need Chicago office space, tell us what you want and we will get right to work.
- Chicago Office Space
- Chicago-Central Loop Office Space
- Chicago-East Loop Office Space
- Chicago-East West Tollway Office Space
- Chicago-LaSalle Street Office Space
- Chicago-North Michigan Ave. Office Space
- Chicago-Northern Suburbs Office Space
- Chicago-NW Suburbs Office Space
- Chicago-O'Hare Office Space
- Chicago-River North Office Space
- Chicago-South Loop Office Space
- Chicago-South Suburbs Office Space
- Chicago-Suburban Office Space
- Chicago-West Loop Office Space
Find Chicago Executive Suites, Coworking and Virtual Offices
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Other Useful Tools and Information
Useful Statistics for businesses looking for office space in Chicago
| Chicago | IL State | |
|---|---|---|
| 2020 Estimated Population | 2,699,347 | 12,716,164 |
| Median Age | 34.8 | 38.3 |
| Occupied | 490,295 | 3,237,778 |
| Owned | 1,309,875 | 8,549,363 |
| Rented | 1,296,226 | 3,727,886 |
| Average Household Size | 2.44 | 2.54 |
| Rental Vacancies | 34,674 | 105,072 |
| Homeowner Vacancies | 9,981 | 54,230 |
| Median Home Value | $267,600 | $202,100 |
| Median Monthly Rental Cost | $1,154 | $1,038 |
| Median Household Income | $33,924 | $34,489 |
| Individuals below poverty level | 271,593 | 913,579 |
| Educational Attainment: High school graduate | 414,038 | 2,220,409 |
| Educational Attainment: Some College | 429,585 | 2,482,679 |
| Educational Attainment: Bachelor degree or higher | 452,360 | 1,875,011 |
| Commute | 743,432 | 4,862,240 |
| Commute by car, truck or other vehicle - Drive Alone | 641,781 | 4,385,276 |
| Commute by car, truck or other vehicle - Carpool | 101,651 | 476,964 |
| Use Public Transportation | 348,730 | 539,825 |
| Work from Home | 113,226 | 442,549 |
