Chicago, IL Medical Office Space for Lease
Chicago, IL Medical Office Space Lease Rates & Market Statistics
Browse 74 Medical Office Space listings for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 1,171,092 square feet of properties — an average of ~15,850 SF per listing.
Asking lease rates for Medical Office Space in Chicago start at $8 SF/Yr, average $34.01 SF/Yr, and reach $94 SF/Yr at the top of the market. That's a 12x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $34.01 SF/Yr is 56% above the Illinois state average of $21.75 SF/Yr.
Chicago accounts for 49% of the 150 medical office space listings currently available across Cook County, where nearby markets include Berwyn and Elk Grove Village. Medical Office Space listings make up 9% of the 826 Office Spaces currently for lease in Chicago, with asking rates averaging $34.01 SF/Yr — 27% above the citywide Office Spaces average of $26.75 SF/Yr. Also worth a look for tenants weighing alternatives: Office Units (536 listings) and Office buildings (210 listings) elsewhere in the Chicago market.
