Chicago, IL Office Spaces for Lease
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Chicago, IL Office Spaces Lease Rates & Market Statistics
Browse 1,141 Office Spaces for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 19,208,546 square feet of properties — an average of ~16,850 SF per listing.
Asking lease rates for Office Spaces in Chicago start at $6 SF/Yr, average $28.85 SF/Yr, and reach $133.33 SF/Yr at the top of the market. That's a 22x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $28.85 SF/Yr is 29% above the Illinois state average of $22.34 SF/Yr.
Chicago accounts for 63% of the 1,824 office spaces currently available across Cook County, where nearby markets include Schaumburg and Des Plaines. By space type, the market includes 729 office units, 315 office buildings and 91 medical office space listings — office buildings typically offer the lowest entry point, while medical office space commands the highest rates.