Chicago, IL Flex Space for Lease
Chicago, IL Flex space Lease Rates & Market Statistics
Browse 162 Flex space listings for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 3,142,252 square feet of properties — an average of ~19,400 SF per listing.
Asking lease rates for Flex space in Chicago start at $8 SF/Yr, average $16.84 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 $16.84 SF/Yr is 10% above the Illinois state average of $15.27 SF/Yr.
Chicago accounts for 48% of the 341 flex space listings currently available across Cook County, where nearby markets include Schaumburg and Des Plaines. Flex space listings make up 56% of the 291 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 (63 listings) and Manufacturing properties (33 listings) elsewhere in the Chicago market.
