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 81 - 100 of 1000 buildings with 2,045 total listings
7059 N Greenview Ave, Chicago, IL 60626
Rogers Park Presbyterian Church seeks a non-profit tenant or tenants for their lower level space. The space has a private entrance on Greenview....
1 special purpose space 6,500 square feet.
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3234 W Cermak Road, Chicago, IL 60623
Located in Chicago's Little Village neighborhood Cermak Road, just east of the lighted intersection of Cermak & Kedzie. The site is located within...
1 industrial space
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1 retail space 650 square feet.
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