Chicago, IL Flex Space for Lease
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Chicago, IL Flex space Lease Rates & Market Statistics
Browse 168 Flex space listings for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 3,436,304 square feet of properties — an average of ~20,450 SF per listing.
Asking lease rates for Flex space in Chicago start at $8 SF/Yr, average $17.10 SF/Yr, and reach $32 SF/Yr at the top of the market. That's a 4x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $17.10 SF/Yr is 14% above the Illinois state average of $14 SF/Yr.
Chicago accounts for 48% of the 349 flex space listings currently available across Cook County, where nearby markets include Schaumburg and Des Plaines. Flex space listings make up 55% of the 305 Industrial properties currently for lease in Chicago, with asking rates in line with the citywide Industrial properties average. Also worth a look for tenants weighing alternatives: Other industrial properties (67 listings) and Manufacturing properties (36 listings) elsewhere in the Chicago market.