Chicago, IL Commercial Real Estate for Lease and Sale

Explore 1,613 listings of Chicago commercial real estate to find the best space for your business.

Boeing Building

100 North Riverside Plaza, West Loop, Chicago, IL
Property

Office

1,175,698 SF
Availability

7 Spaces

131,819 SF
Year Built

1990
For Lease Contact for pricing
View Details (opens in new window)
680 North Lake Shore Drive

680 North Lake Shore Drive, Streeterville, Chicago, IL
Property

Office

600,000 SF
Availability

26 Spaces

107,923 SF
Year Built

1923
For Lease Contact for pricing
View Details (opens in new window)
Restaurant

1723 South Ashland Avenue, Pilsen, Chicago, IL
Property

Retail

850 SF
Availability

1 Space

1,000 SF
Year Built

1930
For Lease

$36.00/SF/YR
View Details (opens in new window)
300 South Riverside Plaza

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

Office

1,048,000 SF
Availability

9 Spaces

160,604 SF
Year Built

1987
For Lease Contact for pricing
View Details (opens in new window)
What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
300 South Riverside Plaza

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

Office

1,075,766 SF
Availability

3 Spaces

82,943 SF
Year Built

1983
For Lease Contact for pricing
View Details (opens in new window)
4540 South Kolmar Avenue

4540 South Kolmar Avenue, Archer Heights, Chicago, IL
Property

Industrial

95,000 SF
Availability

1 Space

19,710 SF
Year Built

1970
For Lease

$15.00/SF/YR
View Details (opens in new window)
The Franklin - 222 West Adams Street

222 West Adams Street, Chicago Loop, Chicago, IL
Property

Office

999,300 SF
Availability

13 Spaces

228,649 SF
Year Built

1992
For Lease

$27.00/SF/YR
View Details (opens in new window)
448 North LaSalle

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

Office

174,599 SF
Availability

2 Spaces

30,756 SF
Year Built

2021
For Lease Contact for pricing
View Details (opens in new window)
PNC Centre at One North Franklin

1 North Franklin Street, Chicago Loop, Chicago, IL
Property

Office

617,592 SF
Availability

1 Space

1,939 SF
Year Built

1992
For Lease Contact for pricing
View Details (opens in new window)
7704-7706 South Emerald Avenue

7704-7706 South Emerald Avenue, Auburn Gresham, Chicago, IL
Property

Multi-Family

10,000 SF
For Sale

$1,100,000
View Details (opens in new window)
10857 S Halsted St

10857 S Halsted St, Roseland, Chicago, IL
Property

Retail

1,200 SF
Availability

1 Space

1,200 SF
Year Built

1954
For Lease

$30.00/SF/YR
View Details (opens in new window)
1033 West Van Buren Street

1033 West Van Buren Street, Near West Side, Chicago, IL
Property

Office

82,712 SF
Availability

5 Spaces

54,439 SF
Year Built

2015
For Lease Contact for pricing
View Details (opens in new window)
833 W Jackson Blvd

833 W Jackson Blvd, Near West Side, Chicago, IL
Property

Office

68,673 SF
Availability

1 Space

3,105 SF
Year Built

1910
For Lease Contact for pricing
View Details (opens in new window)
Multi-Family Portfolio For Sale

11215-11436 Champlain Ave., Pullman, Chicago, IL
Property

Multi-Family

15,470 SF
Year Built

1888
For Sale

$1,786,000
View Details (opens in new window)
1914 1st St, Highland Park, IL

1914 1st St, Highland Park, IL, North Center, Chicago, IL
Property

Retail

5,630 SF
Availability

1 Space

1,630 SF
For Lease

$15.00/SF/YR
View Details (opens in new window)
UBS Tower

1 North Upper Wacker Drive, Chicago Loop, Chicago, IL
Property

Office

1,392,011 SF
Availability

11 Spaces

147,659 SF
Year Built

2001
For Lease Contact for pricing
View Details (opens in new window)
6000 W Montrose Ave

6000 W Montrose Ave, Jefferson Park, Chicago, IL
Property

Retail

1,600 SF
For Sale

$850,000
View Details (opens in new window)
540 N Western Ave

540 N Western Ave, Smith Park, Chicago, IL
Property

Office

1,750 SF
Availability Contact for availability
Year Built

1980
For Lease Contact for pricing
View Details (opens in new window)
2815 N. Kimball Ave

2815 N Kimball Ave, Avondale, Chicago, IL
Property

Office

4,000 SF
Availability

1 Space

4,000 SF
Year Built

1969
For Lease Contact for pricing
View Details (opens in new window)
1655 South Blue Island Avenue
Lobi Space
1655 South Blue Island Avenue, Chicago, IL
Services

Virtual Office

Private Office
Amenities

Complimentary coffee & tea

High-speed wifi

Kitchen

Parking

Podcast room

Printer

Projector

Receptionist/Secretarial services

TV/Monitor

Window view
View Details (opens in new window)
CNA Headquarters

333 South Wabash Avenue, Downtown Chicago, Chicago, IL
Property

Office

1,144,394 SF
Availability

1 Space

28,466 SF
Year Built

1973
For Lease Contact for pricing
View Details (opens in new window)
421 W North Ave

421 W North Ave, Old Town Chicago, Chicago, IL
Property

Office

7,900 SF
Availability

1 Space

1,700 SF
Year Built

1930
For Lease

$4,900.00/MO
View Details (opens in new window)
231 South LaSalle Street

231 South LaSalle Street, Chicago Loop, Chicago, IL
Property

Office

1,056,000 SF
Availability

7 Spaces

14,637 SF
Year Built

1922
For Lease Contact for pricing
View Details (opens in new window)
954 West Washington Boulevard

954 West Washington Boulevard, Fulton Market, Chicago, IL
Property

Office

148,000 SF
Availability

12 Spaces

54,365 SF
For Lease

$26.00 - $32.50/SF/YR
View Details (opens in new window)
Unique Facility in Humboldt Park!

3705 W Grand Ave, Humboldt Park, Chicago, IL
Property

Industrial

20,000 SF
Year Built

1946
For Sale

$3,000,000
View Details (opens in new window)
2545 West Diversey Avenue

2545 West Diversey Avenue, Logan Square, Chicago, IL
Property

Office

272,000 SF
Availability

1 Space

3,942 SF
Year Built

2011
For Lease Contact for pricing
View Details (opens in new window)
2110 W. Division Street

2110 W Division St, Wicker Park, Chicago, IL
Property

Retail

6,259 SF
Availability

1 Space

950 SF
Year Built

1901
For Lease Contact for pricing
View Details (opens in new window)
The Glessner Center

130 South Jefferson Street, West Loop, Chicago, IL
Property

Office

76,900 SF
Availability

6 Spaces

40,541 SF
Year Built

1883
For Lease

$34.00 - $38.00/SF/YR
View Details (opens in new window)
10330 S. Western Avenue

10330 S. Western Avenue, West Beverly, Chicago, IL
Property

Retail

2,875 SF
For Sale

$499,000
View Details (opens in new window)
361 W Chestnut Street

361 W Chestnut St, Cabrini - Green, Chicago, IL
Property

Office

67,000 SF
Availability

3 Spaces

9,462 SF
Year Built

1935
For Lease

$18.00 - $28.00/SF/YR
View Details (opens in new window)
2001 N Clybourn Ave

2001 N Clybourn Ave, Sheffield, Chicago, IL
Property

Office

24,314 SF
Availability

1 Space

2,375 SF
Year Built

1895
For Lease Contact for pricing
View Details (opens in new window)
Hollander Logan Square

2418 N Milwaukee Ave # 30, Logan Square, Chicago, IL
Property

Retail

29,000 SF
Availability

1 Space

8,785 SF
Year Built

1909
For Lease Contact for pricing
View Details (opens in new window)
3000 West Chicago Avenue

3000 West Chicago Avenue, Humboldt Park, Chicago, IL
Property

Industrial

10,000 SF
Availability

3 Spaces

5,000 SF
For Lease

$16.00/SF/YR
View Details (opens in new window)
1026 W Van Buren St

1026 W Van Buren St, Near West Side, Chicago, IL
Property

Office

25,371 SF
Year Built

1907
For Sale

Subject To Offer
View Details (opens in new window)
Homan Square Portfolio

3333 W Arthington, 3245 W Arthington, 3240 W Arthington, 3201 W Arthington, Homan Square, Chicago, IL
Property

Office

550,000 SF
For Sale

Subject to Offer
View Details (opens in new window)
318 W Adams Level Office LLC
Expansive
318 West Adams Street, Chicago, IL
Amenities

Vending machine
View Details (opens in new window)
Chicago Mercantile Exchange Center

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

Office

1,162,356 SF
Availability

1 Space

9,228 SF
Year Built

1983
For Lease Contact for pricing
View Details (opens in new window)
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
View Details (opens in new window)
400-408 North Clark Street & 100 West Kinzie Street

400 North Clark Street, River North, Chicago, IL
Property

Office

30,000 SF
Availability

2 Spaces

5,567 SF
Year Built

1873
For Lease Contact for pricing
View Details (opens in new window)
643 W 18th St

643 W 18th St, East Pilsen, Chicago, IL
Property

VacantLand
For Sale

$299,000
View Details (opens in new window)
229 N Central Ave

229 N Central Ave, Austin, Chicago, IL
Property

Industrial

10,793 SF
Year Built

1976
For Sale

$91.81/SF
View Details (opens in new window)
1241 N Clybourn Ave, Chicago, IL

1241 N Clybourn Ave, Old Town Chicago, Chicago, IL
Property

Retail

1,900 SF
Availability

1 Space

1,900 SF
For Lease Contact for pricing
View Details (opens in new window)
444 North Orleans

444 North Orleans Street, River North, Chicago, IL
Property

Office

28,013 SF
Availability

2 Spaces

11,442 SF
Year Built

2019
For Lease

$23.00/SF/YR
View Details (opens in new window)
828 S Wabash

828 S Wabash, South Loop, Chicago, IL
Property

Office

40,000 SF
Availability

1 Space

17,179 SF
Year Built

1893
For Lease

$30.00/SF/YR
View Details (opens in new window)
1328 W Lake St

1328 W Lake St, Fulton Market, Chicago, IL
Property

Retail

3,500 SF
Availability

1 Space

3,500 SF
For Lease

$40.00/SF/YR
View Details (opens in new window)
22 N Morgan St

22 North Morgan Street, Fulton Market, Chicago, IL
Property

Office

1,738 SF
Year Built

1944
For Sale

$499,000
View Details (opens in new window)
525 West Van Buren Street

525 West Van Buren Street, West Loop, Chicago, IL
Property

Office

522,809 SF
Availability

6 Spaces

87,877 SF
Year Built

2000
For Lease

$19.00 - $24.00/SF/YR
View Details (opens in new window)
4732-54 W Peterson Ave

4732 W Peterson Ave, Sauganash, Chicago, IL
Property

Retail

25,000 SF
Availability

2 Spaces

2,866 SF
For Lease

$18.00 - $24.00/SF/YR
View Details (opens in new window)
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
View Details (opens in new window)
Monadnock

53 West Jackson Blvd, Chicago Loop, Chicago, IL
Property

Office

452,000 SF
Availability

32 Spaces

38,171 SF
Year Built

1891
For Lease

$763.00 - $8,764.00/MO
View Details (opens in new window)
6219 N. Milwaukee - 1,800 SF Commercial Building

6219 N. Milwaukee Avenue, Norwood Park East, Chicago, IL
Property

Office

1,800 SF
Year Built

1955
For Sale

$229,000
View Details (opens in new window)
150 North Riverside Plaza

150 North Riverside Plaza, West Loop, Chicago, IL
Property

Office

1,226,111 SF
Availability

4 Spaces

77,380 SF
Year Built

2017
For Lease Contact for pricing
View Details (opens in new window)

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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us