The Chicago office space market exhibits a mixed landscape characterized by a moderate recovery in office leasing and stable vacancy rates hovering around 17 percent. Due to ongoing hybrid work models, demand has shifted towards flexible office environments, with coworking spaces experiencing significant growth, accounting for approximately 10 percent of the total office footprint.
Rising rental rates in sought after submarkets, signal a potential rebound, particularly in areas like the West Loop and River North, where amenities and access to transit are highly valued. For small businesses, this evolving landscape presents opportunities amidst challenges prioritizing flexibility and location can enhance competitiveness in securing appropriate office space. As firms navigate these trends, understanding the nuances of leasing options will be crucial for sustained growth.
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Showing 321 - 340 of 1000 buildings with 2,045 total listings
1940 W North Ave, Chicago, IL 60622
Redevelopment of the existing currency exchange and parking lot will offer up to 2,300 sf of new construction ground floor retail space with...
1 retail space 1,150 square feet.
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2828 N Clark St, Chicago, IL 60657
Marquee and blade signage available 400 plus parking spaces Loading dock access available to all tenants
8 retail spaces from 1,300 to 18,850 square feet.
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1 industrial space 18,150 square feet.
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