Chicago, IL Commercial Real Estate for Lease and Sale

Explore 1,636 listings of Chicago commercial real estate to find the best space for your business.

180 West Washington

180 W Washington, Chicago Loop, Chicago, IL
Property

Office

41,178 SF
Availability

8 Spaces

14,335 SF
Year Built

1924
For Lease

$22.00 - $26.00/SF/YR
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2701 South Western Avenue

2701 South Western Avenue, Heart of Chicago, Chicago, IL
Property

Industrial

122,274 SF
Availability

1 Space

51,548 SF
Year Built

1970
For Lease Contact for pricing
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7424 S Lockwood Ave

7424 S Lockwood Ave, Bedford Park, IL
Property

Industrial

84,461 SF
Availability

1 Space

84,461 SF
For Lease Contact for pricing
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118 S. Clinton Street

118 S Clinton St, West Loop, Chicago, IL
Property

Retail

72,018 SF
Availability

1 Space

1,500 SF
Year Built

1903
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
Morgan Arts Complex

3622 S. Morgan Street, Bridgeport, Chicago, IL
Property

Other

177,000 SF
Availability

8 Spaces

57,651 SF
Year Built

2021
For Lease Contact for pricing
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Knight Building

549 West Randolph Street, West Loop, Chicago, IL
Property

Office

123,000 SF
Availability

7 Spaces

39,330 SF
Year Built

1909
For Lease Contact for pricing
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Salesforce Tower

333 Wolf Point Plaza, River North, Chicago, IL
Property

Office

1,200,000 SF
Availability

6 Spaces

259,950 SF
Year Built

2023
For Lease Contact for pricing
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1327 West Washington

1327 W Washington, Fulton Market, Chicago, IL
Property

Office

90,000 SF
Availability

1 Space

298 SF
Year Built

1930
For Lease

$900.00/SF/YR
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Gateway Commons Commercial Condo

2301 West Belmont Avenue, Roscoe Village, Chicago, IL
Property

Office

3,100 SF
Availability

1 Space

3,100 SF
Year Built

2001
For Lease

$19.25/SF/YR
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Monroe Plaza - 200 West Monroe

200 West Monroe Street, Chicago Loop, Chicago, IL
Property

Office

634,847 SF
Availability

2 Spaces

31,312 SF
Year Built

1973
For Lease Contact for pricing
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737 North Michigan Avenue

737 North Michigan Avenue, Streeterville, Chicago, IL
Property

Office

335,190 SF
Availability

9 Spaces

34,005 SF
Year Built

1985
For Lease Contact for pricing
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500 West Monroe Street

500 West Monroe Street, West Loop, Chicago, IL
Property

Office

966,645 SF
Availability

9 Spaces

206,878 SF
Year Built

1991
For Lease Contact for pricing
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200 South Wacker Drive

200 South Wacker Drive, Chicago Loop, Chicago, IL
Property

Office

754,750 SF
Availability

2 Spaces

44,650 SF
Year Built

1981
For Lease Contact for pricing
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North LaSalle
Regus
203 North LaSalle Street Suite 2100, Chicago, IL
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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100 South State Street Owner LLC
Expansive
100 South State Street, Chicago, IL
Amenities

Vending machine
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6,426 SF Food Commissary Available for Lease in Chicago

2141 S Racine, Pilsen, Chicago, IL
Property

Industrial
Availability

1 Space

6,426 SF
Year Built

1940
For Lease Contact for pricing
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41 W Congress Pkwy

41 W Congress Pkwy, South Loop, Chicago, IL
Property

Retail

12,000 SF
Availability

3 Spaces

8,150 SF
For Lease

$70.00/SF/YR
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5301 South Western Avenue

5301 South Western Avenue, Gage Park, Chicago, IL
Property

Industrial

351,093 SF
Availability

1 Space

30,000 SF
Year Built

1935
For Lease

$4.00/SF/YR
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Loft Space Available with On-Site Parking in Fulton Market

1400 W Fulton St, Near West Side, Chicago, IL
Property

Office

46,313 SF
Availability

5 Spaces

49,660 SF
Year Built

1904
For Lease

$29.00/SF/YR
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448 North LaSalle Street

448 North LaSalle Street, River North, Chicago, IL
Property

Office

174,599 SF
Availability

9 Spaces

135,567 SF
Year Built

2021
For Lease Contact for pricing
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River Point
Servcorp
444 West Lake Street 17th Floor, Chicago, IL
Services

Virtual Office

Open Workspace
Amenities

Complimentary coffee & tea

Free water

High-speed wifi

Printer

Privacy booths

Projector

Receptionist/Secretarial services

TV/Monitor

White boards

Window view
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350 N Ogden Ave

350 N Ogden Ave, Near West Side, Chicago, IL
Property

Office

17,865 SF
Availability

2 Spaces

17,865 SF
Year Built

1907
For Lease Contact for pricing
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3-Unit Mixed-Use Building

1934 W Chicago Ave, East Village, Chicago, IL
Property

Retail

4,650 SF
Year Built

1910
For Sale

$1,592,000
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100 North LaSalle

100 North LaSalle, Chicago Loop, Chicago, IL
Property

Office

151,768 SF
Availability

11 Spaces

33,770 SF
Year Built

1929
For Lease

$30.00 - $36.00/SF/YR
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SamsBeauty Warehouse

7200 S Cicero Ave, Bedford Park, Chicago, IL
Property

Retail

81,798 SF
Year Built

1990
For Sale

$5,750,000
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932 E 79th Street

932-944 E 79th Street, Greater Grand Crossing, Chicago, IL
Property

Multi-Family

17,450 SF
Year Built

1926
For Sale

$1,170,000
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6107 North Northwest Highway

6107 North Northwest Highway, Norwood Park East, Chicago, IL
Property

Office

2,992 SF
Availability

1 Space

550 SF
Year Built

1934
For Lease

$850.00/MO
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71 South Wacker Drive

71 South Wacker Drive, Chicago Loop, Chicago, IL
Property

Office

1,490,825 SF
Availability

12 Spaces

168,812 SF
Year Built

2005
For Lease Contact for pricing
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3450 N Kostner Ave

3450 N Kostner Ave, Kilbourn Park, Chicago, IL
Property

Industrial

18,000 SF
Availability

1 Space

18,000 SF
Year Built

1962
For Lease

$13.50/SF/YR
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215 W. Ontario

215 W Ontario St, River North, Chicago, IL
Property

Office

13,364 SF
Availability

3 Spaces

13,795 SF
Year Built

1891
For Lease

$28.00/SF/YR
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1035 W Lake Street

1035 W Lake Street, Fulton Market, Chicago, IL
Property

Retail

16,400 SF
Availability

1 Space

3,430 SF
For Lease Contact for pricing
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311 West Monroe Street

311 West Monroe Street, Chicago Loop, Chicago, IL
Property

Office

382,490 SF
Availability

3 Spaces

58,534 SF
Year Built

1972
For Lease Contact for pricing
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The Fifth Third Center

222 South Riverside Plaza, West Loop, Chicago, IL
Property

Office

1,184,432 SF
Availability

1 Space

4,493 SF
Year Built

1971
For Lease Contact for pricing
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7646- 7650 Touhy

7646- 7650 Touhy, Edison Park, Chicago, IL
Property

Retail

10,000 SF
Availability

1 Space

2,000 SF
For Lease

$19.95/SF/YR
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Vienna Beef Plaza

NEC of Damen, Elston, and Fullerton Avenues, Bucktown, Chicago, IL
Property

Retail
Availability

4 Spaces

67,338 SF
For Lease Contact for pricing
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Millennium on Lasalle

29 South Lasalle, Chicago Loop, Chicago, IL
Property

Retail

195,432 SF
Availability

3 Spaces

5,184 SF
For Lease

$25.00 - $45.00/SF/YR
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1554 N Larrabee Street, Chicago, IL

1554 N Larrabee Street, Goose Island, Chicago, IL
Property

Retail

1,600 SF
For Sale Contact for pricing
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150 North State Street

150 North State Street, Chicago Loop, Chicago, IL
Property

Retail
Availability

2 Spaces

62,406 SF
For Lease Contact for pricing
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Retail property in Chicago, IL

5849-5853 W Irving Park Road, Portage Park, Chicago, IL
Property

Retail

2,700 SF
Availability

3 Spaces

2,700 SF
For Lease

$14.00/SF/YR
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Building 4 - Calumet Business Center

9540 S Dorchester Ave, Cottage Grove Heights, Chicago, IL
Property

Industrial

171,257 SF
Availability

1 Space

171,257 SF
Year Built

1975
For Lease

$5.75/SF/YR
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4660 North Ravenswood Avenue

4660 North Ravenswood Avenue, Ravenswood, Chicago, IL
Property

Office

47,432 SF
Availability

1 Space

3,070 SF
Year Built

1927
For Lease

$15.00/SF/YR
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855 West Belmont Avenue

855 West Belmont Avenue, Lakeview, Chicago, IL
Property

Office

25,000 SF
Availability

1 Space

3,800 SF
Year Built

2003
For Lease

$30.00/SF/YR
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1021 West Adams Street

1021 West Adams Street, Near West Side, Chicago, IL
Property

Office

52,056 SF
Availability

4 Spaces

20,153 SF
Year Built

1910
For Lease Contact for pricing
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4211 North Cicero Avenue

4211 North Cicero Avenue, Old Irving Park, Chicago, IL
Property

Healthcare

39,000 SF
Availability

6 Spaces

25,787 SF
Year Built

1987
For Lease

$33.00/SF/YR
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57 West Grand

57 West Grand Avenue, Near North Side Chicago, Chicago, IL
Property

Office

80,000 SF
Availability

6 Spaces

39,866 SF
Year Built

1912
For Lease Contact for pricing
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5100 S. Damen Ave.

5100 S Damen Ave, Back of the Yards, Chicago, IL
Property

Office

5,272 SF
Availability

1 Space

5,272 SF
Year Built

1976
For Lease

$25.00/SF/YR
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520 West Erie Street

520 West Erie Street, River North, Chicago, IL
Property

Office

38,472 SF
Availability

3 Spaces

6,694 SF
Year Built

1925
For Lease

$15.00/SF/YR
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3500 N Kostner Ave

3500 N Kostner Ave, Kilbourn Park, Chicago, IL
Property

Industrial

30,450 SF
Availability

2 Spaces

30,450 SF
Year Built

1951
For Lease

$7.00 - $12.50/SF/YR
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6221 N Milwaukee - 2,200 SF Commercial Building

6221 N. Milwaukee Avenue, Norwood Park East, Chicago, IL
Property

Office

2,200 SF
Availability

1 Space

2,200 SF
Year Built

1955
For Lease

$20.00/SF/YR
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1917 West Walnut Street

1917 West Walnut Street, Near West Side, Chicago, IL
Property

Industrial

47,869 SF
For Sale

Subject To Offer
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409 W Huron St

409 W Huron St, River North, Chicago, IL
Property

Office

20,588 SF
Availability

1 Space

3,474 SF
Year Built

1920
For Lease Contact for pricing
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645 North Michigan Avenue

645 North Michigan Avenue, Streeterville, Chicago, IL
Property

Other

14,792 SF
Availability

9 Spaces

26,228 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Chicago commercial real estate market incorporates 157,818,803 square feet of office space across 614 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Chicago, the coworking segment of the commercial real estate market incorporates about 92,939 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Chicago commercial real estate market includes 16,607,473 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Chicago market, there is a total of 21,821,853 square feet of industrial property.

The listing inventory in Chicago incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Chicago is represented by Office space, which accounts for 21,831,447 square feet of available listings. Industrial space available in Chicago adds up to 9,887,415 square feet.

Meanwhile, most of the listings of commercial property for sale in Chicago are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Chicago is $24.88 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Chicago can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $34.16 per square foot, industrial space in Chicago saw average rents of $13.84 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Chicago, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Chicago is in the Chicago Loop neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Chicago Loop area.

Meanwhile, retail space opportunities are most abundant in the Chicago Loop submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in West Town.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $60 per square foot. In particular, the property type commanding the highest lease rates in Chicago was Retail space.

Conversely, the highest sale price last year was $96,500,000 that is located at 300 South Wacker Drive.

The average size of a commercial property in Chicago depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Chicago, the average size of an office property is 296,096 square feet.
Retail properties here incorporate an average of 40,115 square feet.
Industrial space in Chicago is in buildings that are, on average 104,913 square feet in size.

Chicago, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Chicago currently add up to 39,536,764 square feet. The market offers 548 active office listing(s), which amount to 21,546,239 square feet and account for 44% of commercial spaces on the market. Local retail availability includes 3,839,315 square feet across 486 retail space(s). Industrial space for rent opportunities in Chicago amount to 9,751,808 square feet across a total of 161 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	548	21,546,239
Retail	486	3,839,315
Industrial	161	9,751,808
Other	33	4,399,402

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Chicago, IL. Currently, there is 13,174,874 square feet of commercial property for sale here , which includes 59 office building(s) for sale , 102 retail investment opportunity listing(s) , and 87 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	59	4,229,198
Retail	102	936,121
Industrial	87	5,991,651
Other	135	2,017,904

Chicago, IL Commercial Real Estate Market Overview

Chicago boasts one of the most highly diversified economies in the U.S., combining a solid manufacturing base with its role as a financial, research and innovation center. The city is also a global distribution hub, ranking as the third-largest inter-modal port in the world, behind only Hong Kong and Singapore.

In particular, commercial real estate properties in Chicago host a flurry of aerospace, medical, logistics and retail companies. Household names in the food industry — such as Kraft Heinz, Ferrara Candy, US Foods and Quaker Oats — also have a strong presence here. The city has also created a welcoming environment for many startups, with the likes of Grubhub, Groupon, Basecamp and NowSecure among its success stories.

The Chicago Transit Authority (CTA) provides public transportation services through its fleet of buses, as well as its rapid transit elevated and subway system, commonly referred to as the “L.” Commuter transit is handled by Pace, Metra and Amtrak lines, while seven mainline and four auxiliary interstate highways pass through the city and its suburbs. Chicago is also served by O’Hare International Airport and Midway International Airport, with the nearby Gary/Chicago International Airport and Chicago Rockford International Airport as alternatives.

Chicago, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Chicago, IL?

What factors affect the price of commercial real estate in Chicago, IL?

What is the average rent for commercial space in Chicago, IL?

What are the best areas for commercial real estate in Chicago, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Chicago, IL?

Chicago, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Chicago, IL Commercial Real Estate Market Overview

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